True or False
There are 10 employability skills
False
Business generate ______ through their products and sales
revenue
Someone who takes the risk of starting a new business inside of society
Entrepreneur
being able to do work independently
initiative
Entrepreneurship is difficult
True
Business have _____ because it has economic value
Assets
When a company has debt and can't sell products and/or services
Bankruptcy
Being able to motivate the people you work with
Leadership
Gigs can only pay you while working
True
Trained employees use ____________ to make their employers have a good impression
Employability Skills
the process of promoting a product or a service to attract consumers
Marketing
Life-long learning
Dedication
Business Plans are an overview of your business goals and how you will achieve them
True
A ______ is required for a business if you want to avoid putting more money into expenses instead of savings
Budget
4 P's of Business
Product Price Place Promotion
Being able to transfer information to one or more
Effective Communication
Manufacturers mostly produce services
False
To make a ____ off a product businesses make a significant higher price compared to the production
Profit
Businesses have zero sales and expenses, because they have enough units to cover it's fixed expenses
Fixed Operating Expenses
Being able to plan ahead of time
Organization