test 4 Flashcards

1
Q

An investment with money: a “ Financial Instrument “ indicating ownership.

A

Securities

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2
Q

An investment vehicle

A

Security

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3
Q

The ability to pursue what you think is right or necessary to do despite temptations to quit.

A

Self-Discipline

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4
Q

The ability to complete a task without being told to by someone else.

A

Self-Motivation

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5
Q

Costs that vary somewhat based on the number of units you sell.

A

Semi-Variable Costs

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6
Q

An individual that owns a company.Taxed on profits of the company and are personally liable for any debts or judgements against the company.

A

Sole Proprietorship

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7
Q

One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits. Share refers to the ownership certificates of a particular company.

A

Share

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8
Q

an individual or company that owns shares in a company .

A

Shareholder

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9
Q

all people or companies associated with an enterprise.

A

Stakeholders

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10
Q

Shares of ownership in a company.

A

stocks

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11
Q

A company that provides a good or service to another company.

A

supplier

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12
Q

The hard work a small business owner puts into forming , founding , and operating his/her business.

A

sweat equity

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13
Q

The Exact customers and market sector the business intends to serve.

A

Target market

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14
Q

Working with others to address a challenge .

A

teamwork

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15
Q

Fixed cost plus variable cost

A

total costs

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16
Q

Unit Times price.

A

total revenue

17
Q

The practice of operating openly and communicating fully, providing stakeholders with a clear understanding of how your enterprise operates.

A

transparency

18
Q

Assets that are not already pledged as a guarantee to repay another loan.

A

unencumbered

19
Q

Units refer to the “ things” the company sells

A

units

20
Q

Debt that does not include a promise by a guarantor to repay the loan in the event the debtholder is unable to make a required payment.

A

unsecured debt

21
Q

Costs that vary based on the units sold by your enterprise.

A

variable costs