What has a face and two hands but no arms or legs?
A clock
The management of large amounts of money, by governments or large companies are called?
corporation
accounting
economic growth
finance
What do you call an estimate of income and expenditure for a set period of time
budget
A person who starts his own business
Corporation
Entrepreneur
Partnership
Sole Proprietor
A group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle
Target Market
2 different business that come together and both have an even share on things
Partnership
A business that is owned by a single/ one person
Partnership
Corporations
Sole Proprietorship
S Corporations
The production of large quantities of a standardized article (often using assembly line techniques)
Service Production
Mass Production
Job Production
Batch Production
What is my dogs name?
Benji
When a company is in debt and can't pay their bills. They most likely will declare?
Bankruptcy
Something a person or company owes, usually a sum of money
Liability
The money does not differ when paid. It normally stays to the same amount
Fixed Expenses
Financial Expenses
Operating Expenses
Cost of Goods Sold
The final reward that a business earns in sales (revenue) minus expenses is called?
Profit
What is an income earned from the sale of goods or services?
Gross Profit
Revenue
Expenses
Profit
The balance sheet documents a company's financial health at specific points in time. What is the accounting equation?
Asset = Liabilities - Equity
Asset = Liabilities - Expense
Asset = Liabilities + Expense
Asset = Liabilities + Equity
A legal entity that is separate and distinct from its owners
shareholders
board of directors
subsidiaries
corporation
The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
GDP
A stock of a resource from which a person or place can be provided by the necessary amount of that resource
need
demand
want
supply
A letter that helps the interview understand more about yourself
Business Letter
Cover letter
Employment Letter
Love Letter
Someone's past experience with jobs or a job and other specific information about your knowledge, etc.
Entrepreneur
Resume
Cover letter
Skills
Goods produced or manufactured in the country with national or nationalized raw materials
Public goods
Home goods
Non domestic goods
Domestic goods
What do you call a short summary of your business that provides important detail to attract buyers and investors?
Baseball Pitch
Elevator Pitch
Curveball Pitch
Business Pitch
The reduction of jobs permanently means
Oversizing
Downsizing
High pressure sizing
Upsizing
Goods produced or manufactured out of the country and imported
Foreign goods
Public goods
Domestic goods
Consumer goods
Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.
Raw Materials
Natural Resources
Agriculture
Inventory
NASDAQ and NYSE are two largest ______ in the U.S.
business
corporation
stock exchanges
companies
Economic activity concerned with the processing of raw materials and manufacture of goods in factories
Economy
Geography
Corporation
Industry
Nations that are behind in technology and industrial revolution
Third World
First World
Fourth World
Second World