a strategic planning tool that helps businesses decide on growth strategies by analyzing 4 options: Market Penetration, Product Development, Market Development, and Diversification
This type of business is owned by two or more persons who have unlimited liability.
What is a general partnership?
Costs incurred in daily life or business operations, such as rent, groceries, or utility bills.
What are expenses?
Any person, company, or other institution that owns at least one share in a company (owners of a company)
Who is a shareholder?
SAC's event hosted in the caf the morning of February 3rd for students from all grades.
What is Pancake Breakfast?
Show up for COMPLETELY FREE PANCAKES WITH ALL YOUR FAVOURITE TOPPINGS AND MAPLE SYRUP!
Kindly prepared by your teachers!
the process of identifying groups of consumers based on demographics, psychographics, and behavior to better tailor marketing strategies.
What is market segmentation?
A characteristic that applies to economic services.
What is intangible?
A set of standard rules and guidelines that companies follow to ensure their financial statements are consistent, accurate, and comparable
What are GAAPs (Generally Accepted Accounting Principles)?
the process by which businesses and countries become more interconnected through international trade, investment, technology, and communication.
What is globalization?
Appeared in 1,492 NBA games (1,490 starts) for the Lakers, Cavaliers, and Heat. Has the most assists among all frontcourt players in NBA history.
Who is Lebron James?
Julia's company releases a new gaming console at a very high price when it first comes out. Gamers who want the newest technology buy it right away. A few months later, the company lowers the price so more customers can afford it. This pricing strategy is known as what?
What is price skimming?
This type of market segmentation would be appropriate to use when a hotel targets people who are traveling with their pets.
What is behavioural?
Organizations that provide a range of financial services, such as loans, savings accounts, and insurance, to low-income individuals and small business owners who lack access to conventional banking service
What are microfinance institutions?
Money a company spends to acquire, upgrade, or maintain long-term physical assets like buildings, machinery, or technology, providing benefits for more than one year
What is capital expenditure?
This element has the highest atomic number that occurs naturally.
What is Uranium?
Martin is in the checkout line at the grocery store when he sees an eye-catching display of candy bars.He realizes that he's hungry, so he grabs one for the ride home. The candy bar display in the checkout aisle is an example of this type of marketing.
What is point-of-sale marketing?
Iris buys an expensive new car using installment credit. Although the title for the car is made out in her name, the company that sold the car has this on it until Iris makes all the installment payments.
What is a lien/claim?
The process of gradually paying off a loan or spreading the cost of an intangible asset over time.
What is amortization?
A system where prices and production are determined by supply and demand, with minimal government intervention, allowing buyers and sellers to make voluntary choices, promoting competition, innovation, and private ownership
What is a free market economy?
This acorn-obsessed critter from the Ice Age films caused a "continental crack-up."
Who is Scrat?
Your annual income, inheritance, and money from the sale of an asset are all considered events that contribute toward.
What is tax liability?
Mikael has a $20 bill. Although this money is just a piece of paper and not backed up by a reserve, Mikael is still able to buy groceries with it because everyone in his country treats it as currency. This $20 bill is known as this type of currency.
What is fiat?
A ledger account that reduces the book value of a related asset, carrying a credit balance to show the net value on the balance sheet. An example of this account is accumulated depreciation.
What is a contra-asset account?
A clothing company that sells finished shirts decides to buy a fabric manufacturing plant so it can produce its own materials instead of purchasing fabric from suppliers.
What is backwards vertical integration?
This 1997 movie focuses on a janitor at MIT.
What is Good Will Hunting?