1
What is the primary purpose of a business?
To make a profit by providing goods or services.
What is the term for the amount of money customers pay for a product or service?
Price
What is the term for a person who starts and manages a business?
Entrepreneur
What is the term for the process of buying and selling goods and services over the internet?
E-commerce
Who is the founder and current CEO of Amazon?
Jeff Bezos
Which company is owned by Mark Zuckerberg?
What is the term for the creation of a positive brand image in the minds of consumers?
Branding
What is the term for the process of raising money to start a business?
Financing
What is the term for a written document that outlines the business idea, goals, and strategies?
Business plan
What is the term for a new business venture?
Startup
What are the two main types of corporations?
Public and private
What is the term for the paid promotion of products or services?
Advertising
What term describes the total money made by a business before expenses are subtracted?
Revenue
What is the term for a group of customers a business aims to reach?
Target market
What are the four Ps of marketing?
Product, price, place, and promotion.