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Characteristics
Business Math
Vocabulary
Miscellaneous
More Characteristics
100
A commitment to refrain from lying; to be truthful and sincere in dealing with others
What is honesty
100
The number of brownies that Mary must sell to make a profit is she spends $29 in total costs and is selling brownies for $2 each.
What is 15?
100
The study of how and why choices are made
What is economics?
100
The answer if you fill in the blank: The higher the risk, the higher the expected ______?
What is return?
100
The belief that you can accomplish what you set out to do.
What is confidence?
200
A willingness to compete with and test yourself against others
What is competitivness
200
The equation to solve for ROI.
What is "profit divided by investment equals ROI"?
200
A type of business that makes products and whose costs of goods sold include materials and labor.
What is a manufacturing business?
200
A description of COGS (cost of goods sold) for a retail or wholesale company.
What is "money spent to buy products that will be resold"?
200
The ability to structure your life and keep tasks and information in order.
What is organization
300
An ability to listen to and empathize with other people
What is understanding
300
Your ROI if you invested $20 in a business and received $5 in profit.
What is 25%?
300
A type of compensation where one is paid by a percentage of what one sells.
What is commission?
300
That which can make an idea a good business opportunity.
What is satisfying a consumer need or want?
300
The knack for convincing people to see your point of view and get them interested in your ideas.
What is persuasiveness?
400
The ability to cope with new situations and find creative solutions to problems.
What is adaptability
400
Your gross profit per unit if your total gross profit from selling 20 widgets is $60.
What is $3?
400
Includes a main point, essential details, and an action to be taken by the reader.
What is logical flow?
400
The 5 parts of a SMART goal.
What is specific, measurable, attainable, relevant, time-bound?
400
The desire to work hard to achieve one's goals
What is drive?
500
The ability to see the end results of your goals while working to achieve them
What is vision?
500
Your total labor costs if you paid your 2 brothers $5/hour and they each worked for 8 hours.
What is $80?
500
The sum remaining after all costs are subtracted from the revenue of a business.
What is profit?
500
The difference between costs and sales.
Costs - expenses - money going out of business Sales - revenues - money coming into business.
500
The refusal to quit; willingness to keep goals in sight and work toward them, despite obstacles.
What is perseverance?