Introduction To Business

A ______deposit refers to money held to cover possible damage in an apartment.

A blank endorsement allows anyone to cash a check.

A new business undertaking that involves risk is known as a

This utility is readily available at a location that buyers would gain satisfaction from

Plans for how you will pay for your personal goals

The value of your next best option (what you give up when you choose something else)

Intangible items can be simply described as a

Any debt you owe

Items of value that you own

An individual who undertakes the creation, organization, and ownership of a business is an

A market structure in which a particular commodity has only one seller is a

The quantity of goods or services that consumers are willing and able to buy at various prices

The study of how people allocate scarce resources to fulfill their unlimited wants is known as

Which best defines a Customer Profile?

The lowest interest rate is usually earned on a:

Costs that go up and down each month

What you want to achieve within one week to one year

The investment with the most risk would be:

These decisions impact how much to charge for goods or services to make a profit

Includes income from your job or an allowance

If you earn 12% interest on your account, it will take 6 years to double your money.

A spending and saving plan based on estimated income and expenses

The added value (satisfaction) in economic terms is known as…

A share of stock represents ownership in a company.

Net pay is often called:

Making repairs in a reasonable amount of time. would be considered:

The best way to get your company’s products into the hands of customers is known as…

Items necessary for survival such as food, clothing, and shelter

An example of a company’s debt is a:

The agreement between a renter and a landlord is a:

The resources businesses use to produce the goods and services that people want are

Money left over after all expenses of running a business have been deducted from the income

The difference between your assets and liabilities

A common moving-in cost for an apartment would be:

A service charge on your bank statement will result in:

A _______ is used to add funds to a bank account.

A common disadvantage of using credit is:

Costs that do not change each month

The malls are open extended hours during the holidays to satisfy what form of utility?

What you want to achieve more than five years from now

A common flexible expense associated with apartment renting is:

Which of the following employee benefits would a working parent find most useful?

What you want to achieve in the next two to five years

Things people desire beyond survival and basic comfort

Tangible items that have monetary value are…

Expenses, or items that you spend money on

Based on the rule of 72, money earning 6 percent would take about _____ years to double

The marketing mix is made up of the 4 p’s:

______________ provide “instant refunds” when you pay to have your federal tax return prepared.