Unit Four Flashcards

1
Q

an investment worth money ; a financial instrument indicating ownership

A

Securities

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2
Q

an investment vehicle; types include 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 despite temptations to quit

A

Self-Discipline

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4
Q

ability to pursue a task without being told

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 the profits of the company and personally liable for any debt or judgments

A

Sole-Proprietorship

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7
Q

one of the equal parts into which a company capital is divided entitling the holder to a proportion of the profits

A

Share

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8
Q

an individual or company that owns shares in a company

A

Share Holder

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9
Q

all people or companies associated with an enterprise
internal -employees/shareholder
external- customers/suppliers

A

Stake Holders

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10
Q

shares of ownership in a company;general term of ownership in any company

A

Stocks-

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11
Q

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 farming, 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

Team Work

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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

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

A

Unsecured Debt

21
Q

costs that vary based on the units sold by your enterprise

A

variable cost