Give three (3) examples of assets (business or personal).
What is land, buildings and machinery?
The four (4) P's of Marketing.
What are Product, Price, Promotion and Placement?
The process of coordinating people and other resources to achieve the goals of an organization.
What is Management?
The ability to speak, listen and write effectively.
What are Communication Skills?
The official school colours of Laurentian.
What is Blue and Gold/Yellow?
Name one (1) of three (3) key financial statements.
What is an Income Statement, Balance Sheet and Statement of Cash Flows?
People that a business wants to sell to.
What is Target Market?
Type of enterprise owned and run by more than one individual.
What is Partnership?
Intangible things that businesses do to enhance our lives.
What is a Service?
The mascot representing Laurentian's sports and clubs teams.
What is a Voyageur?
A party that has an interest in a company and can either affect or be affected by the business.
What is a Stakeholder?
The factors determined within a SWOT analysis.
What are Strengths, Weaknesses, Opportunities and Threats?
A formal summary of the aims and values of a company, organization, or individual?
What is a Mission Statement?
A condition or circumstance that puts a company in a favorable or superior business position.
What is a Competitive Advantage?
Name of the main auditorium on campus.
What is Fraser Auditorium?
Beginning Inventory + Purchases - Ending Inventory = ?
What is Cost of Goods Sold (COGS)
____ data about age, gender, income, ethnicity, education, occupation, etc.
What is Demographics?
The action/process of integrating a new employee into an organization and familiarizing a new client with one's products or services.
What is Onboarding?
A carefully constructed guide for a person starting a business
What is a Business Plan?
Name three of five lakes surrounding Laurentian campus.
What is Ramsey Lake, Bennett Lake, Lake Laurentian, Nepahwin Lake and Bethel Lake?