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Resumes/Cover letters and more
Intellectual Property
Finance and money
Ethics and more
100

The Definition of Entrepreneur is

Someone who creates and runs their own business

100

The first paragraph of a cover letter states which things?

the position interested in

100

Jorge and Fred have a product they would like to sell. They decide to share the risks and profits by forming an unincorporated business. The business organization Jorge and Fred have MOST LIKELY formed is a(n)

Partnership

100

A rise in the general level of prices is called?

inflation

100

A rise in the general level of prices is called?

inflation

200
Revenues minus expenses equals:

net income

200

The middle paragraphs of a cover letter include...

work experience, education, and skills that align with the job you are applying. 

200

What is a business owned by stockholders/investors but operated by others?

corporation

200

What is an asset? 

An item of property owned by a person or company

200

Explain ethics.

Morally correct behavior

300

What is a franchise?

Where a business sells the rights to their brand

300

The longest paragraph of a cover letter is the 

middle paragraph or second paragraph

300

Mr. Simpson is liable for all the debts of his company.  He has which type of business organization?

sole proprietor

300

An example of "Capital" would be:

a tractor
300
A set of guidelines for maintaining ethics in the workplace. 



code of ethics

400

Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable.

venture capital

400

What are some good examples of power words or action verbs on a resume?

organized, prepared, guided, facilitated, completed, 

400

a symbol which identifies a particular source of goods or services from others



trademark

400

What would a high credit score be? And a low one?

high - 815

low - 515

400

An act of an employee exposing an employer’s wrongdoing to outsiders.

whistleblower

500

The financial statement that reports the revenues and expenses for a period of time such as a year or a month is called a _____?

income statement

500

The people who make the major policy and financial decisions for a corporation are called the

Board of directors

500
property (as an idea, invention or process) that derives from the work of mind or intellect

intellectual property

500

What are the 3 nationally recognized credit bureaus?

equifax, transunion and experian

500

What is the purpose of a business plan?

States the purpose and vision of your company AND


States the amount of capital you need to run the company or organization

ASSETS AND LIABILITIES ARE NOT PART OF THE BUSINESS PLAN