Exploring Careers
Principles you live by and the beliefs that are important to you
What are values?
People are free to produce the goods and services they choose.
What is a free enterprise system?
Nike
What is a merchandising business?
Baker
What is a sole proprietorship business?
Asset
A set of unique qualities that makes us different from all other people.
What is a personality?
The amount of money earned over and above the amount spent to keep the business operating
What is a profit?
Babysitting
What is a service business?
McDonalds
What is a corporation?
$25,000 spent on furniture bought on an account
What is liabilities?
Making contacts with people to share information and advice.
What is networking?
When you spend more money than you earn
What is a loss?
Ikea
What is a manufacturing business?
Nike for Apple
What is a partnership?
put down $5000 on a car
What is owner's equity?
When one has a clear vision of their interest and typed of careers they want, they will then do this.
What is map out a plan?
A person who transforms ideas of products or services into real-world businessess.
What is an entrepreneur?
Auto mechanic
What is a service business?
Graphic Designer
What is a sole proprietorship business?
$2,000 owed to PPL
What is a liability?
Being responsible, achievement, having positive relationships, compassionate, courageous, & acknowledgement
Self-starters, strong work ethic, strong organizational skills, marketing knowledge, and accounting skills
What are traits of entrepreneurs?
Kraft
What is a manufacturing business?
Amazon
What is a corporation?
$50,000 worth of equipment transferred to business
What is owner's equity?