Finance.
What is Budget?
The amount of money a business plans on spending during a given period.
Define critical thinking.
Using one's mind to solve a problem in the best way by considering various potential solutions to the problem.
Define confidentiality agreement
A signed agreement stating that an entity will not disclose information agreed upon by all parties in an arrangement
Define CEO.
The Chief Executive Officer (CEO) holds a leadership role within a business. The CEO overseas a business's operations and resources and makes the major decisions for the company.
Define angel investor.
An investor who provides funding to a business for a stake in the business in return.
What is bootstrapping?
A business owner that uses their own money to fund their business.
Define opportunity recognition
The way one approaches new ideas and ventures in their life.
Define contract.
An agreement between an employee and a company outining obligations and terms of employment.
Define CFO.
The Chief Financial Officer (CFO) holds a leadership role within a business. The CFO oversees a company's finances.
What is B2B?
A business-to-business (B2B) commercial transaction between businesses.
What is customer acquisition cost?
The total cost of acquiring a new customer.
Define Problem Solving.
The process of coming up with solutions to solve a problem.
Define contract.
A form of protection individuals can implement to protect their intellectual property. Copyright is designated for print, music, film, and various other forms of creative ficenses
Define COO.
The Chief Operating Officer (COO) holds a leadership role within a business. The COO is responsible for overseeing the day-to-day administrative and operational functions of a business.
What is B2c?
A business-to-consumer (B2C) transaction.
What is acquisition cost?
Cost incurred by a business.
Define forward-thinking mentality.
Thinking about and planning for the future.
Define patent.
A legal method used to protect an invention for a limited time.
Define Employee.
An individual hired by a company and compensated for their work.
Define collaboration.
The action of working with one or more people toward a common goal
What is an income statement?
A financial statement that details a business's revenue and expenses for a given period.
Define resiliency.
One's ability to adapt to change, loss, and disappointment.
Define trademark
practice used to protect brand names, logos, and business names
Define founder.
The person that developed or created a company or organization.
Define partners.
Two or more individuals that share a business's financial responsibility.