Entrepreneurship EOPA Review #2

A retirement plan in which both the employee and the employer may contribute is called a ___.

Which sentence is correctly written?

Name, symbol or design used to identify a product.

Lists how much the business owns and owes and what it is worth at any given time.

One benefit of teamwork is

Costs that must be paid regardless of how much product is produced.

What does a sales forecast help a retailer do?

Taking action to prevent or reduce the possibility of loss.

Which of the following questions is most likely to get to a specific definition of a problem?

A written document that describes all the necessary steps for opening and operating a business.

Pricing strategy based on what consumers are willing to pay.

Using the image, what is the proper command to calculate the average in cell B8

What is the most efficient software to use for business correspondence?

A refund and a rebate are the same thing.

What term is given used to describe when the needs and wants exceed the supply of a product?

Form of business ownership that has the rights of a person but is independent of its owners.

Which of the following are examples of economic resources?

The ability to learn a particular job is defined as:

Group of consumers at which a product or service is aimed.

Projection of cash coming into and going out of a business.

Total sales minus any returns.

In order to be a good team leader, it is important to

The measurable advantage of producing one more additional unit of a good or service.