Finance
Entrepreneurship
Business Fundamentals
Functions
Basics of Business
100
the management of large amounts of money, especially by governments or large companies.
What is Finance
100
the development of a business from the ground up
What is entrepreneurship
100
the quantity of good or services that consumers are willing to buy at a particular price
What is a demand?
100
a short a catchy little song that is usually attached to the companies name
What is a slogan
100
an organization that produces or sells goods or services to satisfy the needs/wants/demands of consumers for a purpose of making a profit
What is a business
200
funds available
What is credit
200
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
What is an entrepreneur
200
a quantity of a good or service that business are willing and able to provide within price range
What is supply
200
Product that is extremely popular for a short amount of time.
What is a fad
200
an item that can be seen and touched
What is a good
300
a mortgage whose rate of interest is adjusted periodically to reflect market conditions.
What is Adjustable Rate Mortgage
300
getting a product and transforming it into something that is more useful and relevant.
What is innovation
300
trough, recovery, peak, reccision
What is the business cycle
300
when a new product progresses through a sequence of stages from introduction to growth, maturity, and decline.
What is the product life cycle
300
providing assistance to others that does not result in a product
What is a sevice
400
any assets ready to be used in the production of new assets
What is capital
400
a new product that is completely original
What is an invention
400
a theory in psychology proposed by Abraham Maslow
What is Maslow's Hierarchy of Needs and Wants
400
product, price, promotion, place
What is the Four P's of Marketing
400
a person who uses the good or service provided by the business
What is a consumer
500
Coins or bills that must be accepted as payment for good or services.
What is Legal Tender
500
refers to the possibility of inadequate profits or even losses due to uncertainties
What is a risk
500
Total government intervention Less innovation Restriction of freedom
What is a Centrally Planned Economy
500
research, development, sales, distribution, advertising, promotion
What is the Six Areas of Marketing
500
any location where producers and consumers come together and sell their products
What is a marketplace
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