Random
The Definition of Entrepreneur is
Someone who creates and runs their own business
The first paragraph of a cover letter states which things?
the position interested in
Jorge and Fred have a product they would like to sell. They decide to share the risks and profits by forming an unincorporated business. The business organization Jorge and Fred have MOST LIKELY formed is a(n)
Partnership
A rise in the general level of prices is called?
inflation
A rise in the general level of prices is called?
inflation
net income
The middle paragraphs of a cover letter include...
work experience, education, and skills that align with the job you are applying.
What is a business owned by stockholders/investors but operated by others?
corporation
What is an asset?
An item of property owned by a person or company
Explain ethics.
Morally correct behavior
What is a franchise?
Where a business sells the rights to their brand
The longest paragraph of a cover letter is the
middle paragraph or second paragraph
Mr. Simpson is liable for all the debts of his company. He has which type of business organization?
sole proprietor
An example of "Capital" would be:
code of ethics
Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable.
venture capital
What are some good examples of power words or action verbs on a resume?
organized, prepared, guided, facilitated, completed,
a symbol which identifies a particular source of goods or services from others
trademark
What would a high credit score be? And a low one?
high - 815
low - 515
An act of an employee exposing an employer’s wrongdoing to outsiders.
whistleblower
The financial statement that reports the revenues and expenses for a period of time such as a year or a month is called a _____?
income statement
The people who make the major policy and financial decisions for a corporation are called the
Board of directors
intellectual property
What are the 3 nationally recognized credit bureaus?
equifax, transunion and experian
What is the purpose of a business plan?
States the purpose and vision of your company AND
States the amount of capital you need to run the company or organization
ASSETS AND LIABILITIES ARE NOT PART OF THE BUSINESS PLAN