What is the term defined as a written outline that evaluates all aspects of your business.
What is a Business Plan
What is the term defined as a business person who accepts both the risks and the opportunities involved in creating and operating a new business venture
What is a Entrepreneur
What is the term defined as the amount of return an investor realizes on a bond.
What is bond yields
What is ther term defined as an intangible thing that is a task performed for customers by a business
What is a service
What is the term defined as the specific group of customers whose needs a company will focus on satisfying
What is target market
What is the term defined as the funds and assets invested in a business by the owners
What is Capital
What is the term defined as operating costs that fluctuate with changes in production are called
What is are variable expenses
What is the term defined as the financial statement that summarizes the revenues, costs and expenses incurred during a specific period of time
What is profit-loss statement
What is the term defined as travelers who prefer familiarity and creature comforts and seldom try anything new or different
What is the term defined as an analysis of a company's strengths, weaknesses, opportunities, and threats
What is SWOT analysis
What is the term defined as the demonstrated ability of a business to earn a profit, over time, while following good accounting practices.
What is Earning Power
What is a term defined as shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm
What is Common Stock
What term is defined as a commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.
What is Joint venture
What is the term defined as the path a travel product takes from the producer to the consumer, or traveler
What is channel of distribution
What are the 4P's of marketing
What is Product, Price, Place, and Promotion
What is the term defined as the cooperation of two or more individuals or enterprises in a specific business enterprise, rather than in a continuing relationship as in a partnership?
What is Joint Venture
What is the term defined as a method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities and equities), in a balance sheet is represented as a proportion of the total account
What is a vertical Analysis
What term is defined as a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates.
What is a credit union
What is the term defined as a calculation used to determine the ability of a product to generate profits
What is return on investment (ROI)
What is the term defined as the cycle through which every product goes through from introduction to withdrawal or eventual demise.
What is product life-cycle
What is the term defined as interest which exceeds the legal rate charged to a borrower for the use of money
What is Usury
What is the term defined as an act protecting rights of employees and employers, encouraging collective bargaining (negotiation of wages and other subjects by a group of employees)
What is National Labor Relations Act
What is the term defined as an analysis of dollar amounts on financial statements for a single company across several years
What is horizontal analysis
What is the term defined as the process of how money filters through a local economy and is spent and re-spent, creating income for other businesses
What is economic multiplier
What is the term defined as benefits and experiences that marketing campaigns try to associate with a product in its current and prospective consumers' minds.
What is a brand promise