test 4 Flashcards
an investment worth money, a “financial instrument” indicating ownership
securities
an investment vehicle
security
the ability to pursue what you think is right or necessary to do despite temptations to quit
self-discipline
the ability to pursue a task without being told to by someone else
self- motivation
costs that vary somewhat based on the number of units you sell
semi-variable costs
an individual that owns a company
sole proprietorship
one of the equal parts into which a company’s capital is divided
share
an individual or company the owns shares in a company
shareholder
all people or companies associated with an enterprise
stakeholders
shares of ownership in a company
stocks
a company that provides a good or service to another company
supplier
the hard work a small business owner put into forming, founding, and operating his/her business
sweat equity
the exact customers and market sector the business intends to serve
target market
working with others to address a challenge
teamwork
fixed costs plus variable costs
total costs
