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Dragon's Den Terminology - Q4 P1 Flashcards | StudBud
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Dragon's Den Terminology - Q4 P1
Dragon's Den Terminology - Q4 P1
15 terms
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1
Total without tax or other contributions having been deducted
Final total
Gross
Net
Subtotal
2
Income generated from normal business operations
Asset
Inventory
Equity
Revenue
3
The value of ownership in a firm or asset after subtracting all debts associated with that asset
Inventory
Revenue
Asset
Equity
4
A specialized or focused area of a broader market
Target market
Niche market
Specialty market
Mass market
5
Guerrilla marketing is best described as:
Using giant sized advertisements and billboard to promote a product/service
Using surprise or unconventional interactions to promote a product/service
Having a very large advertising budget
Only using social media platforms to advertise to a large number of people
6
Document outlining the understanding between two or more parties to formalize to a legally binding agreement
Letter of Agreement
Letter of Intent
Letter of Purpose
Letter of Promise
7
Anything of value or a resource of value that can be converted into cash
Asset
Equity
Inventory
Revenue
8
The state or quality of lasting forever. Ex. a bond with no fixed maturity date
Infinite Investment
Cyclical
Continuity
Perpetuity
9
A company that sells goods in large quantities at low prices, and typically to retailers
Wholesalers
Distributors
Retailers
Agents
10
A supply of products/materials stored for future use
Inventory stash
Stock surplus
Stockpile
Surplus inventory
11
Selling your product without third-party retailers, wholesalers, or other middlemen in the distribution channel
E-commerce
Target selling
Indirect selling
Direct-to-consumer
12
The difference between the seller's cost for acquiring products and their selling price
Net Income
Cost of Goods Sold
Margin
Revenue
13
Sustainable entrepreneurship can be best described as...
Providing solutions for the technology and communications industry
Contributes to solving social and environmental problems
Trying to sustain your business and succeed as an entrepreneur
Dedicated to maximizing profit for the benefit of shareholders
14
A market for goods produced on a large scale for a significant number of end consumers
Specialty market
Mass market
Target market
Niche market
15
Usage-based payments made to an owner of a product or patent for the use of that product or patent
Usage fee
Licensing fee
Permission charge
Royalty fee
