Vocab
The amount paid or charged for something
What is cost?
This restaurant's logo is an M.
What is McDonalds?
A person who organizes, operates, and takes the risk in creating their own business.
What is an entrepreneur?
If it costs $1.50 to make a wallet, and the wallet is sold for $12.00, how much money was profited?
What is $10.50?
A detailed method, made beforehand, for managing a business.
What is planning?
A direct exchange of merchandise and/or services between businesses.
What is barter?
This company's logo is a swoosh.
What is Nike?
A company that is run from home.
What is a home-based business?
A toy car costs $7.25 to make and is sold for $25.00, what is the profit?
What is $17.75?
The exchange of a product or service for money.
What is a sale?
The process of researching, promoting, selling, and distributing a product or service.
What is marketing?
This company's logo is a fruit.
What is Apple?
Joining together two separate corporations into one.
What is a merger?
It costs $10.50 to make a Hydroflask and it is sold for $30.95, what is the profit?
What is $20.45?
An exclusive right granted by the federal government allowing the owner to reproduce and sell an artistic or published work.
What is copyright?
To obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
What is outsourcing?
This vehicle's logo is a cross.
What is Chevy?
Developing business contacts to form business relationships, increase knowledge, expand you business base or serve the community.
What is networking?
It costs $15.99 to make an Under Armor hoodie and it is sold for $60.50, what is the profit?
What is $44.51
The action or process of putting money into something in hopes of making a profit.
What is an investment?
Taking ownership of another business.
What is acquisition?
This computer brand's logo has only two continents put together. Also, the logo is an abbreviation for the company's name.
What is HP or Hewett Packer?
A right given to an inventor to exclude people from making, using, offering for sale or selling the invention for a limited of time.
What is a patent?
What is $122.78?
A series of equal regular deposits
What is annuity?