Revenue - Expenses = loss or profit

Business,Business , Business Flashcards

1

shelter is a:

need
want
both

2

A franchiser agreement can provide the franchisee with...

Brand recognition
A ready made and fully operational business.

3

McDonald is a...

Corporation
Franchise
None of the above
Partnership

4

which is NOT a channel of distribution

retail
e-commerce
non of the above
catalogues

5

is water a:

need
both
want

6

Which one of these IS a type of ownership?

Sole proprietorship
All of the above
Corporation
Partnership

7

What is demand?

The desire for a product
A rude person who wants stuff
The amount of an item on the market
Hatchimals

8

What is profit?

Expenses-Revenue = profit
Revenue - Expenses+ loss = profit
Revenue - Expenses = loss or profit

9

is an apple a:

want
both
need

10

_______ is the quantity of goods kept on hand by businesses

Storage
Boxes
Stock
Inventory

11

The ability of a business to pay all of its debts is known as...

Taxes
Solvency
Pricing power
Dead cat bounce

12

A logo should be...

Says exactly what the company does or sells
Only works in color
Very recognizable
complicated and difficult to identify/remember

13

is a bag of chips:

both
need
want
neither

14

Portable cassette players have become...

Totally last season
Obsolete
Old
Out of trend

15

A cellphone is considered a ....

Both
Want
Need

Business,Business , Business

Questions 15

Business,Business , Business

Questions 15