Accounting
Business
Ownership
Management
Random
100
Anything owned by a business with a dollar value.
What is an asset?
100
The study of statistics relating to population or communties.
What is demography?
100
The ability to inspire others to follow their example in a positive way.
What is leadership?
100
The planning, organizing, and controlling of all business activities.
What is management?
100
The 4 P's
What is product, price, place and promotion?
200
A financial statement that shows a company's assets, liabilities, and Owner's Equity on a given date. Assets-Liabilities= Owner's Equity
What is a balance sheet?
200
The aspect of business operations that deals with attracting and keeping employees
What is human resources?
200
Two or more people own a business.
What is partnership?
200
The name that identifies the goods and services of one business?
What is a brand name?
200
A registered brand name (or symbol).
What is a trademark?
300
GAAP
What is generally accepted accounting principles?
300
A rise over time in the price of goods and services.
What is inflation?
300
A person who organizes, manages, and assumes the risk of starting and operating his/her own business.
What is an entrepreneur?
300
2 or more businesses who are competing for the same target market and selling the same product or service.
What is direct competition?
300
A person is responsible for paying all debts.
What is unlimitied liability?
400
A financial statement that reports a business's income and expenses for a fiscal period
What is an income statement?
400
The value of all final goods and services produced in a country in one year.
What is GDP? (Gross Domestic Product)
400
A type of business in which a person buys the right to use a business name and to sell a product or service.
What is a franchise?
400
Competing with businesses selling a similar product to the same target market.
What is indirect competition?
400
What does NAFTA stand for
What is the North American Free Trade Agreement?
500
The left side of all account's on a ledger.
What is a debit?
500
Exclusive rights to make, use, or sell an invention.
What is a patent?
500
A business owned and operated by one person.
What is sole proprietorship?
500
All business activities used to plan, price, promote, and distribute goods and services to satisfy consumer needs and wants.
What is marketing?
500
The path a product takes from manufacturer to final consumer.
What is channel of distribution?
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