test 4 Flashcards

1
Q

an investment worth money a “financial investment” indicating ownership

A

securities

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2
Q

an investment vehicle different types includes stocks, bonds, and mutual funds

A

security

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3
Q

the ability to pursue what you think is right or necessary to do

A

self-discipline

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4
Q

the ability to pursue a task without being told to by someone

A

self-motivation

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5
Q

cost that vary somewhat based on the number of units you sell

A

semi variable cost

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6
Q

an individual owns a company

A

sole proprietorship

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7
Q

one of the equal into which a company capital is divided

A

share

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8
Q

an individual or company that owns share in a company

A

shareholder

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9
Q

all people or companies associated with an enterprise

A

stakeholder

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10
Q

shares of ownership in a company, a term of ownership

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 cost

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16
Q

units time price

A

total revenue

17
Q

the practice of operating openly and communicating fully

A

transparency

18
Q

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

A

unencumbered

19
Q

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 debt holder is unable to make a payment

A

unsecured debt

21
Q

cost that vary based on the units sold by your enterprise

A

variable cost