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NOCTI Virtual Enterprise Flashcards | StudBud
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NOCTI Virtual Enterprise
NOCTI Virtual Enterprise
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Answers
1
A borrower's reputation for fair and ethical business practices
collateral
capital
character
capacity
2
a new business undertaking that involves risk
venture
market
adventure
subventure
3
People employed in a business, commonly referred to as "personnel"
sales
administration
human resources
marketing
4
A persuasive selling message directed at potential customers is an example of
commerce
media mix
trademark
advertising
5
Supplier who owns products and sells them to retail for resale is called
marketer
resaler
retailer
wholesaler
6
Money that has been charged to a customer on the unpaid balance of their account
money
interest
bond
accural
7
An individual who is able to motivate others to achieve organization goals has the trait of
initiator
bully
leadership
motivator
8
An example of nonverbal communication is
nodding
writing
speaking
9
market structure where a particular commodity has only one seller who has control over supply
scarcity
monopoly
entrepreneurship
free market
10
An example of an un-collateralized loan is...
mortgage
credit card
car loan