The amount of money charged for goods or services
What is price?
A form of communication between businesses and customers which relays a message promoting services and/or goods.
What is marketing?
believing that one can accomplish anything with hard work.
What is a Growth mindset?
the individual that owns the business
What is an owner?
An intangible service or skilled that is performed
What is service?
The expenses incurred for running day-to-day tasks in a business
What is operating costs?
A written plan that outlines the companies marketing strategies
What is a marketing plan?
Thinking about planning for the future
What is forward-thinking mentality
The person who developed or created a company and organization
What is a Founder?
A calculation used to determine how much an investment is making
What is ROI ( return on investment)?
A financial statement that details of businesses, revenue, and expenses for a given period.
What is an income statement?
Statistical data that refers to particular groups within a population
What is demographics?
Solving problems using a variety of possible solutions
What is Critical Thinking?
An individual hired by a company and compensated of their work
What is an employee?
Data that may contain personal bias like company, newsletters, and academic journals
What is secondary data?
An officer who holds a leadership role within a business and overseas the company's finances
What is a CFO?
Activities or strategies employed by a business to retain existing customers
What is customer retention?
The characteristic of being able to tackle a goal with courage and perseverance.
What is Grit?
An individual who aspires to start and run a successful business
What is an entrepreneur
A form of protection that individuals can implement to protect their intellectual property. Designated for print, music, film, in various other forms of creative licenses.
What is copyright?
The amount of financial gain from a business
What is profit?
The group of customers or company chooses to market its products and services
What is a target market?
A characteristic in which an individual acts to turn ideas into action
What is Initiative?
Two or more individuals who share a business financial responsibility.
What is a partner?
He practiced used by businesses to protect a practice, process, or formula from being shared with other competitors
What is a trade secret?