Test 1 Flashcards
self assessment
compare two-part self assessment
self assessment presentation
presentation to unfamiliar workplace adult
micro-enterprise credit application
complete online credit application
company registration
register a ficticious business on GeauxBiz student portal
credential online test
online certification exam
micro-enterprise
small business
BRAC
baton rouge area chamber are the creators of the micro-enterprise certification
nepris
online program that provides unlimited access to industry reports in all careers
accounts payable
money owed by a company to a supplier
accounts receivable
money owed by a costumer to a company
angel investors
individuals that make small investors in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on the investment.
assets
something of value, anything owned
bank loan
debt from a bank
bond
a loan. a security that investors buy and sell
break even analysis
a determination of how many units are needed to sell in order to pay for all fixed costs
brokeage
a company that provides individuals and companies with access to financial markets
business ethics
proper business behavior beyond copying with legal requirements
capital (equity)
funds contributed by investors to a business.
capital expenditure
expenditures on equipment the business will use for many years
cash flow
total revenues minus total cost minus one time expenditures on equipment that will be used for many years
cash instruments
cash, publicly traded stocks, government bonds, or corporate bonds that can be quickly turned into cash
collateral
equipment, inventory or other goods that are pleaged to the bank in the case the company cannot make a loan payment.
comfort engaging with strangers
the ability to interact in a friendly and effective way with unfamiliar people
commission
money earned when something is sold
