Marketing
What is the term for the process of promoting and selling products or services?
Marketing
What is the term for the tracking and analysis of a company's financial transactions and reports?
Accounting
What term describes the mindset and willingness to take risks, innovate, and create new businesses?
Entrepreneurship
Which management style involves a dictatorial approach where the leader makes all decisions without input from the team?
Autocratic management
What is the study of how businesses interact with each other in global markets?
International business
Which marketing strategy utilizes influencers or celebrities to endorse a product or brand?
Celebrity endorsement
What method calculates the value of a company based on its projected future earnings?
Valuation
Which term refers to the funds needed to start and run a business until it becomes profitable?
In management, what is the term for the process of carefully selecting, training, and motivating employees?
Human resource management
Which economic system relies on supply and demand, limited government regulation, and private ownership of businesses?
Free market economy
What is the concept of creating a unique and memorable name and image for a product?
Branding
What is the process of making sure a company has enough cash to meet its short-term obligations called?
Cash flow management
What is the process of identifying potential customers and learning about their needs and preferences called?
Market research
What is the practice of dividing work tasks among employees based on their qualifications and abilities known as?
Workforce allocation
What is the term for a company's physical presence or operations in a foreign country?
Foreign direct investment
What type of marketing involves advertising through email to a targeted audience?
Email marketing
Which financial statement provides an overview of a company's revenues, expenses, and profits over a specific period?
Income statement
What is the name given to the plan that outlines the company's goals, strategies, and financial projections?
Business plan
Which management approach emphasizes working collaboratively, involving employees in decision-making, and fostering teamwork?
Participative management
What is the practice of selling products abroad at a lower price than in the domestic market called?
Dumping
What marketing technique involves giving away free portions of a product to encourage trial and purchase?
Sampling
What is the practice of borrowing money to invest and using the profits or gains to repay the borrowed funds called?
Leverage
Which term defines the process of turning an idea into a marketable product or service?
Product development
What is the process of evaluating and measuring an employee's performance and providing feedback called?
Performance appraisal
What type of trade occurs when two countries agree to remove barriers and restrictions to increase economic cooperation?
Free trade agreement