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entrepreneurship > Micro Enterprise > Flashcards

Micro Enterprise Flashcards

1
Q

complete two part self assessment

A

self assessment

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2
Q

presentation to an unfamiliar workplace adult

A

self assessment presentation

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3
Q

complete online credit application

A

micro enterprise credit application

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4
Q

register a ficticious business on GeauxBiz student portal

A

company registration

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5
Q

online certification exam

A

credential online test

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6
Q

small business

A

micro enterprise

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7
Q

Baton Rouge Area Chamber are the creators of the micro enterprise certification

A

BRAC

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8
Q

online program that provides unlimited access to industry experts in all careers

A

nepris

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9
Q

money owed by a company to a supplier

A

accounts payable

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10
Q

money owed by a customer to a company

A

accounts receivable

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11
Q

individuals that make small investments in an enterprise or wants to see them succeed

A

angel investors

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12
Q

something of a value , anything owed

A

assets

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13
Q

debit from a bank

A

bank loan

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14
Q

a loan

A

bond

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15
Q

a determination of how many units are needed to sell in order to pay for all fixed costs

A

breakeven analysis

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16
Q

a company that provides individuals & companies with access to financial markets

A

brokerage

17
Q

proper business behavior beyond complying with legal requirements

A

business ethics

18
Q

funds contributed by investors for a business

A

capital (or equity)

19
Q

expedentures on equipment the business will use for many years

A

capital expedentures

20
Q

total revenues minus total cost minus one time expedentures on equipment that will be used for many years

A

cash flow

21
Q

can be turned into cash

A

cash instruments

22
Q

cannot be a loan payment

A

collatoral

23
Q

the ability to interact in a friendly way with unfamiliar people.

A

comfort engaging with strangers

24
Q

money earned when something is sold

A

commission

25
Q

a promise to keep information you learn a secret

A

confidentially

26
Q

a situation in which an individual might take an action to his/her advantage that would be the disadvantage of a person or company that believes this individual is serving them

A

conflict of interest

27
Q

unit price minus cost of goods sold

A

contribution margin

28
Q

actions entrepreneurs and companies take that go beyond their financial self-interest

A

corporate social responsibility

entrepreneurship (5 decks)

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