Business Types
A single business owner is called a
Sole Proprietor
One of the four P's of marketing. Refers to the amount a company decides to charge for a product or service
Price
Something that you own that holds value.
Asset
Bought as a share of ownership in a company
Stock
A document that list previous work history and experience
Resume
Two or more business owners who share the same amount of profits and liabilities are engaged in what type of business (Two Words)
General Partnership
One of the four P's of marketing. Refers to what the company sells or services.
Product
Liability
Invested in as a form of debt or an "IOU" to a company in exchange for interest
Bonds
A document that expresses interest in a job or company
Cover Letter
Two or more business owners who share unequal amounts of profits and liabilities are engaged in what type of business ownership (Two Words)
Limited Partnership
One of the four P's of marketing. Refers to the location of which a product is sold.
Place
What is the calculation for net income?
Revenue-Expenses= Net Income
Stock often pose a higher ___________ than bonds.
Risk
Minimum amount of job references you should have on your list
3
A publicly owned and traded company
Corporation
One of the four P's of marketing. Refers to how a company showcase's a product or service.
Promotion
What are the two primary components of budgeting? What is tracked?
Income and Expenses
Besides a home, provide two other types of real estate investments.
Raw Land
Rental Property
Commercial Property
Vacation Properties
Where an employer calls you in and asks you a series of questions about your interest in a job and qualifications.
Interview
a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee
Franchise
Refers to a specific audience a company studies and promotes their business to.
Target Market
What is the accounting equation?
Assets=Liabilities + Shareholders Equity
Where stocks can be purchased.
Stock Exchange
What you should scan for in a job posting to adjust your resume to better your chances of being interviewed.
Keywords