Week 1
What is a business-to-business commercial transaction between businesses?
B2B
What is a useful or valuable thing person or quality?
Asset
What is an owner of shares in a company?
Shareholder
What is the collection of small investments from a large number of individuals to finance a business?
Crowdfunding
What is a projection of what an entrepreneur expects out of the sales and expenses of a business?
Pro Forma Financial Statement
What is an individual tasked with creating new and innovative products within an already-established business?
Intrapreneur
What is a consumers desire to purchase goods?
Demand
What is a specific group of people of which a company wants to sell their products or services to?
Target Market
What are loans made on a continuous basis as purchases are made?
Open-end Credit
What is a performance measure used to evaluate the efficiency or profitability of an investment?
ROI / Return on Investment
What is the ability of a business to exist, be profitable, and grow?
Viable
What is the total wealth of an individual or company?
Net worth
What are different alternatives that can help a business find and attract customers?
Sales Channel
What is an investor who makes a one-time start-up gift to a business venture?
Angel Investor
What is the income earned by a business?
Revenue
What is determination, persistence, and grit towards work?
Tenacious
What is a quantity of value that a financial entity owes?
Liability
What is someone who is interested in a company / an owner of shares in a company?
Stakeholder
What is a numerical summary of the information contained on a person's credit report?
Credit Score
What is the definition of the company's business, who it serves, what it does, its objectives, and its approach to reaching the objectives?
Mission Statement
What is the ability to read, adapt, and apply the knowledge one already posses to a business situation?
Aptitude
What is a branch of knowledge concerned with wealth?
Economics
What is a characteristic of a company that is a disadvantage?
Weakness
What is a new business or business activity that entrepreneurs or institutes launch that involves the potential for a return or risk?
Venture
What is a general overview of the company as well as who you are as a business owner?
Company Description