NETWORKING&CULTURAL DIFFERENCE
Meaning of the phrase "Discovering second-degree connections" ?
To find out about people you know indirectly through mutual acquaintances.
The term means " all general regular expenses a company must pay to operate". And it is divided into fixed and variable costs.
Overheads
Small new businesses
Start-up businesses
What is storyboarding in presentation?
Storyboarding in a presentation means planning your presentation slide-by-slide using a visual outline, similar to a comic strip or movie storyboard.
Which term is used for "Recommendations from one person to another, often suggesting someone for a job or service".
Referrals
Profit from sales after paying direct costs of production.
Gross margin. If a product sells for $100 and costs $60 to make, the gross margin is 40%.
People or organizations who invest in new business
Venture capitalists
What is the difference between soft skills and hard skills?
Soft skills are personal and social abilities, like communication and teamwork.
Hard skills are technical or job-specific skills, like coding or accounting.
Which phrase is used to say "improve/work on a particular skill"?
Brush up on....
What is Profit Margin?
The money the company keeps after ALL expenses (including overheads, rent, salary, utilities, marketing, taxes, etc.)
To follow the official process of creating a new business.
Register a company
What is entry-level job?
A position designed for people with little or no work experience, often recent graduates or beginners in a field.
Specify some of the ice-breakers when you are starting a conversation with someone?
Introducing yourself
Complimenting someone
Asking for an opinion.
Agreeing with someone.
Term used to indicate total money earned from sales in a period.
Turnover
The difference between franchise fee and royalties.
A franchise fee is a one-time payment the franchisee makes at the beginning to buy the right to use the brand, system, and support. Royalties are ongoing payments—usually a percentage of monthly sales—that the franchisee pays regularly to the franchiser for continued support, branding, and use of the business model.
What are the ways to build a rapport with audience?
Humor
Short story
Startling statistic
Make audience think
Invite participation
Term used to indicate "to express similar feelings or opinions with others".
Share sentiments
Which term is used to indicate "Extra money you pay when you borrow or delay payment".
To identify providers of products and services
New employees go through this process to learn company rules.
ONBOARDING