Micro entyerprise studyguide1 Flashcards
Complete two part self assessment
Self assessment
Presentation to an unfamiliar workplace adult
Self assessment presentation
complete online credit application
micro enterprise credit application
register a fiction business on Geauxbus student portal
company registration
small business
micro enterprise
online certification exam
credential online exam
provides the majority of employment in Louisiana and the united states
small business
Baton rouge area champerare the creators of the micro enterprise certification
BRAC
online program that provides unlimited access to industry experts in all careers
Nepris
money owed by a company to supplier.
accounts payable
money owed by a customer to a company
accounts receivable
individuals that make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large reture on the investment.
angel investors
something of value. anything owed
assets
debt from a bank
bank loan
a loan
bond
the ability to interact in a friendly and effective way with unfamiliar people
comfort engaging
money earned when something is sold
commission
a promise to keep info you learn secret
confidentiality
a situation in which an individual might take an action to his/her advantage that would be to the disadvantage of a person or company that believes this individual is serving them
conflict of interest
price minus cost of goods sold
contribution margin
actions entrepreneurs and companies take that go beyond their financial self-interest
corporate social responsibility
a corporation is a person in the eyes of the law. Its taxed for profits and is liable for any debts or judgements
corporation
cost that make up one unit of what you sell. these can be labor cost as well as material cost
cost of goods sold
a loss that an insurance company will reimburst a policy holder for in the event of a claim
covered loss