Business Vocab
A person who organizes and operates a business, taking on greater than normal financial risks in order to do so.
What is an entrepreneur
A detailed proposal that describes a new business.
What is a business plan
Gross revenue minus all expenses.
What is net profit
The average American spends $2,100 per year treating themselves to this.
What is coffee
Amarillo is Spanish for...
What is yellow
Morale principles that govern a person's behavior in business.
What are ethics
People who work for someone else.
Who are employees
You take this as a possibility of loss when you start a business.
What is a risk
In 1975, this MS-DOS co-creator was arrested in Albuquerque for speeding.
A person from Amarillo is called this.
What is an Amarilloan
When there is no or little competition, this exists.
What is a monopoly
The money a business receives as payment for its products or services.
What is revenue
The expenses required to start a business.
What are start-up costs
Yet Another Hierarchical Officious Oracle is better known as what business?
What is Yahoo!
AmTech Career Academy, opened in this year.
What is 2021
The cost of producing a product.
What is cost of goods sold (COGS)
A business where the owner licenses its operations - including products, branding, and knowledge - in exchange for a fee.
What is franchise
LLC stands for...
What is limited liability company
This widely used gaming app generates an estimated $633,000 per day in revenue.
What is Candy Crush
Mr. _______ is principal at AmTech Career Academy.
Who is Mr. Barrett
Gender, race, income, and age are all included in this term.
What are demographics
A type of intellectual property that gives its owner the sole right to make, use, or sell an invention for a limited period of time.
What is a patent
The letters DBA stand for...
What is doing business as
One in eight American workers has been employed by this company.
What is McDonalds
The AmTech shield logo has four sections, name two of the icons.
What are the compass, keys, flame, and scroll