Marketing
Finance
Personnel Management
Business Plan
Biz Words
100
Follows the Executive Summary
What is Market Summary
100
Table or lists that reflect some aspect of a company's financial situatio.
What is financial statements
100
The people who form the staff of a business
What is personnel
100
Can be constantly changed and adapted in ways that best suit a company. Provides direction and an action plan.
What is a business plan
100
The amount of money owners have invested in their business
What is capital (also known as equity, owner's equity, or shareholder's equity)
200
Name 2 of the 4 P's of Marketing
What is Product, Price, Place, and Promotion
200
When revenue and expense are equal
What is break-even point
200
Outlines the main duties and responsibilities of the job.
What is a job description
200
The section of your business plan that you write last
What is the executive summary
200
The art of reaching an agreement, achieved by bargaining and making a deal.
What is negotiating
300
The segment of potenial customers that a business aims to reach
What is the target market
300
Mathematical relationships between accounts that are used to analyze and compare financial stability and performance. (Example: ROI)
What is financial ratios
300
The set of forms, charts, and accounts that are used to direct and controm the personnel management system.
What is personnel records
300
A tool that helps you communicate to potential investors or partners that you have thought about all the divisions and componants of your business
What is an organizational chart
300
A plan of how money will be recieved and spent over a period of time
What is a budget
400
The special position of a business in the market-place. Should be based on some competitive advantge.
What is market niche
400
Fixed costs and variable costs together are called?
What is overhead
400
This period allows new employees to adapt to the demands of the job and prepare for new responsibilites.
What is training and development
400
________________ must include the following: an executive summary, start-up expenses, profit and loss projections and a breakeven analysis
What is a business pitch
400
Unforseen costs
What is contingencies
500
All messages about a business that are communicated to potential customers
What is promotion
500
Using a percentage of the product costs to determine your selling price is called?
What is markup
500
Registration with the government for remitting salary deductions
What is employers account
500
Fill in at least two of the blanks: A strategic planning method used to evaluate the _____________, ______________, ____________, and _____________ involved in a porject or a business venture
What is strengths, weaknesses, opportunities, and threats. (AKA. S.W.O.T analysis)
500
Full responsibility for all debts of the business
What is unlimited liability
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