Accounting
This is reported on the income statement and should be viewed as an expense of the accounting period.
What is Cost of Goods Sold?
This helps companies to increase their capital, invest in risky projects and virtually create new ventures without incurring any financial risk.
What is an LLC?
This is the study of how individual consumers and firms make decisions to allocate resources.
What is microeonomics?
This prohibits pay differences for equal work based on gender.
What is the Equal Pay Act?
These are the four Ps of Marketing.
A small amount of money available for paying small expenses without writing a check.
What is petty cash?
This is a term that refers to an unincorporated company that consists of the sole proprietor who owns 100% of the company's assets and liabilities.
What is a sole proprietorship?
This is a significant, widespread, and prolonged downturn in economic activity.
What is a recession?
These are decisions based on skills, knowledge, and training.
What are cognitive-based decisions?
This is the process of structuring content and executing other tasks that help improve your site’s search engine rankings.
What is Search Engine Optimization?
A form of long-term debt in which the issuing corporation promises to pay the principal amount at a specified maturity date.
What are bonds?
This is an entity that is owned by stockholders and exists under a charter granted by the government.
What is a corporation?
This is a table that shows the relationship between the price of a product and the quantity demanded
What is a demand schedule?
This is the tendency to weigh things that happened more recently more heavily when making decisions.
What is recency error/recency bias?
This involves working with popular people within a given niche or industry to put your products in front of their audiences.
What is influencer marketing?
Money received by a company in advance of having earned it.
What is deferred revenue?
This is a type of corporation that is exempt from certain taxes, allows for great flexibility, and has no mandatory retirement.
What is an S-Corporation?
This is the value of GDP in current dollars.
What is nominal GDP?
This is a temporary endeavor undertaken to create a unique product, service, or result.
What is a project?
These are advertisements displayed at the top of search engines when you conduct an online search.
What are pay-per-click (PPC) ads?
A company's gross sales of products minus any sales discounts and sales returns and allowances.
This is a federal law that established sweeping auditing and financial regulations for public companies
What is the Sarbanes-Oxley Act of 2002?
This is the date at which the output stops falling in a recession.
What is a trough?
This is the science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.
What is strategic management?
This is the content a viewer sees before they scroll down on a webpage.
What is "above the fold?"