Principles
The last employee to leave the building for the day should set the security alarm and lock the _____.
door(s)
The first stage of a product's life cycle
Introduction
What is entrepreneurship?
A field where a person provides the necessary skills, time, and money to start a new business venture.
Non-verbal
What is entrepreneurship?
When Marc borrows money from the bank to buy a car, he is taking out a(n) _______.
Loan
The process of selling an item again.
Resale
A business owned by 2+ individuals.
Partnership
When should sensitive questions be asked in an interview?
The end of the interview
Who is responsible for paying a loan when the borrower cannot make his/her loan payments.
The co-signer
When a business hires new employees, it introduces them to the company through a process called ___________.
Orientation
4 Ps of the Marketing Mix
Product, price, placement, and promotion.
A small-business owner might register for trademark protection for the company's...
logo
Staff communication from supervisors to employees moves in which direction?
Vertical
The difference between net sales and total cost of goods sold.
Gross profit
Laissez-faire
Torts
A type of schedule that helps organize, manage, and pay bills on time.
Monthly payment schedule
OSHA stands for... (hint: this relates to workplace safety!)
Occupational Health and Safety Administration
The difference between net sales and total cost of goods sold.
Gross profit