Finance
An outflow of money or assets to another individual or company as payment for an item or service.
What is Expenses?
A resource with economic value that an individual, corporation, or country owns or controls.
What is an Asset?
Being able to effectively communicate with your team, customers, partners, and investors.
What is Communication?
Where a business operation will be run, produced, and sold.
What is Place?
A marketing strategy in which a business uses a temporary campaign or offer to increase interest or demand in its product or service.
What is Sales Promotion?
The amount of cash moving in and out of a business at a specific point in time.
What is Cash Flow?
Things that a company or business owe or have borrowed from another business.
What is a Liability?
Willing to take risky action in the hope of a desired result.
What is Risk-Taking?
The cost of something being charged.
What is Price?
What is a Target Market?
Amount of money, property, and other transfers of value received over a set period of time for physical labor or product.
What is income?
The portion of a company's assets that an owner can claim.
What is Owner's Equity?
Formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals.
What is a Business Plan?
What is sold to customers for a certain price to try to gain profit.
What is Product?
An industry used to call the attention of the public to something, typically a product or service.
What is Advertising?
The money made from normal business operations, calculated as the average sales price times the number of units sold.
What is Revenue?
What is Debit?
How businesses organize and direct workflow, operations, and employees to meet company goals.
What is Management?
What is Promotion?
The promotion of a particular product or company by means of advertising and distinctive design.
What is Branding?
To put money into assets with the expectation that the value of those assets will grow over time
What is Investing?
The amount that a company owes to its creditors and suppliers.
The general desire or willingness of someone to do something.
What is Motivation?
A technique for assessing these four aspects of your business. (only tells accurate info for a short amount of time)
What is a S.W.O.T. Analysis?
Any marketing that relies on direct communication or distribution to individual consumers, rather than through a third party such as mass media.
What is Direct Marketing?