finance
A fixed payment amount provided to a full time employ.
What is a salary ?
Statistical data that refers to particular groups within a population.
What are demographics ?
Usings ones mind to solve a problem in the best way by considering various potential solutions to the problem.
What is critical thinking ?
A new idea, product, or method.
What is innovation ?
An individual hired by a company and compensated for their work.
What is an employee ?
The number of sales and other income in a business for a given time period.
What is revenue ?
A method used to get product from the manufacturer to the end-users.
What is distribution channel ?
A tangible item a business owns
What is asset?
A one page document discussing key information commonly seen in a business plan.
What is lean canvas ?
An individual that owns at least one share in a corporations stock.
What is stockholder ?
Calculation used to determine how much an investment is making.
What is ROI ?
The level of familiarity one has with a brand ?
what is brand recognition ?
A document that compares assets to liabilities plus owners equity.
What is balance sheet ?
A business owner that uses their own money to fund their business.
What is bootstraping ?
An investor who provides funding to a business for a stake in the business in return.
What is angel investor ?
An example of this is an online clothing store.
What is sales channel ?
An example is Ubers "Tap the app, get a ride."
What is value proposition
Red cross does not pay US federal taxes making them a ____.
What is nonprofit ?
Someone made a paper mock up of their product to test it. This is called a ____ .
What is prototype ?
An indvidual who created a manufacturing company.
What is a founder ?
Expenses such as rent, utilities, salary's, and marketing.
What is operating cost ?
An example is business implements the strategy of setting up a loyalty program.
What is customer retention ?
Examples include a hairbrush, clothing items, a cleaning sprat ect.. (it could be anything)
What is a product?
Someone patents their right to an original business idea. This is _____ .
What is intellectual property ?
This person has created a new policy in regards to workplace conduct. They are ____ .
What is a CEO ?