Test 4 Flashcards
Securities
An investment with money a “Financial Instrument” indicating ownership
Security
An investment vehicle
Self-discipline
The ability to pursue what you think is right or necessary to do despise temptations to quit
Self motivation
the ability to pursue a task without being told to by someone else
Semi-variable costs
is a cost composed of a mixture of both fixed and variable components.
Sole proprietorship
An individual that owns a company taxed on profits of the company and are personally liable for any debts or judgements against the company
Share
one of the equal parts into which company’s capital is divided
Stakeholders
All people or companies associated with an enterprise
Stocks
shares of ownership in a company
supplier
A company that provides a good or service to another company
Sweat equity
The hard work a small business owner puts into forming, founding, and operating his/her business.
Target market
exact customers and market sector the business intends to serve
Teamwork
working with others to address a challenge
Total costs
fixed costs plus variable costs
Total revenue
units times price
