The Business Environment
Starting a Business
Principles of Finance
Principles of Marketing
Managing a Business and Employees
100
This arises when two or more businesses vie with one another to attract customers and gain an advantage?
What is competition
100
A formal document stating the business goals
What is a business plan
100
The process of tracking a business's income and expenses by recordings its financial transactions.
What is accounting?
100
This is a tangible good, service, or idea available for purchase in a market.
What is a product?
100
An employee with experience who takes a less experienced employee under their wing.
What is a mentor?
200
Single Producer in an industry and no substitute exists.
What is monopoly?
200
Strengths, Weaknesses, Opportunities and Threats
What is a SWAT analysis
200
Signing a loan or selling stock.
What is raising capital?
200
Set of processes for creating, communicating and delivering value to customers.
What is marketing?
200
Annual pay for a specific job.
What is a salary?
300
The need or want for an item versus the availability of that item
What is supply and demand?
300
Structure organized by a specific function: finance, marketing, technology, human resources
What are vertical organizations?
300
What is the equation of current assets - current liabilities?
What is working capital?
300
This determines the production at which total revenue covers total costs.
What is Break even analysis?
300
Non-cash benefits to a worker.
What is Employee Benefits?
400
Specific moral actions which should guide all business decisions
What are ethics?
400
Sole Proprietorship, Partnerships, Corporations and Not-for-profits
What are different forms of Business Ownership?
400
The US federal agency created to protect investors in the stock market.
What is the Securities and Exchange Commission (SEC)?
400
First thing to do in the market process.
What is define the marketing need or opportunity.
400
This is a method to eliminate defects by implementing a quality focus.
What is six sigma?
500
An economic system that allows freedom of choice and encourages private ownership of the resources?
What is capitalism
500
An individual putting up their own capital to invest in a small business for a portion of equity
What is an angel investor?
500
The first day a stock is offered in the stock market.
What is an Initial Public Offering (IPO)?
500
Ice Bucket challenge is an example of....
What is social networking?
500
This is a retirement plan which an employee invest pretax dollars into a bundle of investments.
What is a 401k plan?
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