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Intro to Business Vocab Flashcards | StudBud
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Intro to Business Vocab
Intro to Business Vocab
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Introduction to business vocab definitions.
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Product, Place (distribution), Price, Promotion
Demographics
Four P’s
Advertising
Finance
2
The way in which money is used and handled for running/starting a business
Debit Card
Inventory
Investment
Finance
3
A plastic card used to make immediate transactions directly from a checking account
Credit Card
Debit Card
Inventory
Finance
4
How a company encourages people to buy their products, services, or ideas.
Inventory
Marketing
Advertising
Target Market
5
A person or organization who uses goods and services.
Entrepreneur
Consumer
Sole Propreitorship
Four P's
6
The processes used to determine and satisfy the needs of customers and the company.
Marketing
Market Research
Four P's
Advertising
7
Data describing a group of people in terms of their age, gender, ethnicity etc...
Consumer
Marketing
Target Market
Demographics
8
A business that is owned exclusively by one person
Sole Proprietorship
Partnership
Entrepenuer
Franchise
9
A plastic card used to make purchases now and pay for them later.
Debit Card
Marketing
Finance
Credit Card
10
Individuals or companies interested in a specific product or service and willing to pay for it
Target Market
Demographics
Consumer
Advertising
11
The product a business sells to its customers
Inventory
Advertising
Demographics
Finance
12
A person who owns, operates, and takes the risk of a business venture
Partnership
Entrepreneur
Sole Proprietorship
Consumer
13
Business owned by two or more people.
Entrepreneur
Partnership
Franchise
Entrepreneurship
14
A business that sells products and/or services to an end consumer
Advertising
Retail
Inventory
Consumer
15
The rivalry among businesses to sell their goods and services.
Competition
Four P’s
Sole Propreitorship
Consumer
