test 4 Flashcards
an investment worth money a “financial investment” indicating ownership
securities
an investment vehicle different types includes stocks, bonds, and mutual funds
security
the ability to pursue what you think is right or necessary to do
self-discipline
the ability to pursue a task without being told to by someone
self-motivation
cost that vary somewhat based on the number of units you sell
semi variable cost
an individual owns a company
sole proprietorship
one of the equal into which a company capital is divided
share
an individual or company that owns share in a company
shareholder
all people or companies associated with an enterprise
stakeholder
shares of ownership in a company, a term of ownership
stocks
a company that provides a good or service to another company
supplier
the hard work a small business owner puts 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 cost plus variable cost
total cost
units time price
total revenue
the practice of operating openly and communicating fully
transparency
assets that are not already pledged as a guarantee to repay another loan
unencumbered
refer to the “things” the company sells
units
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
unsecured debt
cost that vary based on the units sold by your enterprise
variable cost
