How to earn income?
Earning rewards through dedicated effort
Reward for effort
A Profit Goal where this is the exclusive and genuine focus for earning profits.
Profit Maximization
Profit Realization that emphasizes evaluating productivity and cutting avoidable costs.
Cost Control
When forecasting expenses, what counts as fixed expenditures?
Rent, Utilities, Labor, Insurance
What is the name of the first person who died in a plane crash
Thomas Selfridge
Generating income by taking greater risks
Reward for risk
A Profit Goal where managers value relaxation and low-stress environments over high-pressure demands
Satisfactory Profit
Profit Realization is rooted in recognizing customer satisfaction as paramount or accurately anticipating customer needs.
Marketing Orientation
When forecasting expenses, what are instances of variable expenditures?
fuel, oil, maintenance, crew
How many founding fathers do we have
7
Net Profit divided by the initial investment or equity cost
ROI
A Profit Goal where scaling back profit expectations is done to prioritize the pleasure and satisfaction of managing the business.
Non-Monetary Profit
Profit struggles without key sales or maintenance investments of..
Records
What section of Setting Cash Flow and Profit Goals includes Profit Objectives, Break-Even Analysis, and Profitability Variations?
Planning for Profits
How many Earths could fit inside the Sun?
Approximately 1.3 million Earths could fit inside the Sun!
The proportion of profits compared to the total sales revenue.
Profit to Sales Ratio
A Profit Goal where the love for one's profession is so strong that profit becomes a secondary consideration.
Hobby/Business
Profit Realization is considered a company's primary asset.
Inventory
What concept relies on monitoring dates, activities, sales, purchases, expenses, income statements, and more?
Budgeting
Which ancient civilization invented the concept of the 24-hour day?
The ancient Egyptians were the first to divide the day into 24 hours.
If I bring on two friends to sell what I’m offering, and they each enlist two more people to join the effort.
Pyramid Scheme
A Profit Goal driven by a commitment to support and sustain the community's well-being.
Social Responsibility
Profit Realization involves income minus total losses and collections.
Bad Debts
Who needs careful observation to match their offerings, prices, or to proactively introduce new ideas before they do?
Competition
Which country has the most time zones in the world?
France holds the record with 12 time zones due to its overseas territories.