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Business
30 terms
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StudBud Administration
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182 plays
intro to business
Flashcards
30 cards
F
Practice quiz
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Host live
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Questions
30
Answers
1
Whats a " CEO "
Someone who runs the floor
A structure of business
No such thing
The owner of the business or president
2
Whats "Overhead"
Advertisement
The amount of money it takes to run the business
Stocks
Profit
3
What is "finance"
A category of business
Money
The management of money and other assets
4
What is a type of business
Corporation
LLC
Partnership
Trust
5
What is a opportunity cost of forgone alternatives
Investment
Employment
Opportunity Cost
Cost of terms
6
What is the law of supply and demand
The law determine prices and communicate to business's
There is no such thing
Its the best way to locate the supplies
7
Whats a "buy in"
None of the above
Buying into something
Gaining acceptance of something
A term in Poker
8
Whats the average revenue for a small business
40,000$
44,000$
50,000$
30,000$
9
Whats a "Cold Call"
A cold phone
When someone calls in sick
A phone call
Someone from the certain business calling a client unexpecte
10
Whats a "net worth"
How much your business is worth
A net
How much you are worth
11
What is downsizing
Moving to another location
A reduction in employment and business size
None of the above
Adding more employees
12
Whats a "corporation "
A LLC
A company that acts as a single entity legally
A person who runs the business
13
Which one of these is a partnership
Two business coming into a meeting
A contract between two people who agree to operate a busines
A combination of two business into a firm
14
What is an asset
Your networth
Anything of value that is owned
The making of something
Your profit
15
What is a category of business
Industry
Profit
Contract
16
Whats another term of " Pricing "
Touch Base
There is no other term
Price Point
Drill Down
17
Who made the concept of "Supply and Demand"
Allfred Marshall
Mark Cuban
The Rockafellers
18
Whats another term for " Quick Recover"
Helicopter View
High View
Fast Recover
Money Recover
19
What is a " LLC "
A specail contract
None of the above
A type of business agreement
A private limited company
20
Whats the "Basic Sales Call"
Directing your products to the people make your meaning clea
Taking phone calls
No such thing
21
What is it called when you take a break from your job on (a) holidays
Pay Day
Holiday Pay
Regular Leave
Annual Leave
22
What does the term "start up" mean
A brand
A start of a new business
When your computer starts
23
Define "business"
A person regular occupation or trade
A store
24
Whats the difference between Business to Business and Business to Consumer
Both wrong
One sells to other business's
One sells to customers
25
What are " Quick Wins "
Fast wins
The easiest thing to achieve
Easy wins
26
What would be considered a "Small Business"
Must have annual business receipts of 1,000$
Have a small building
A business with less than 500 employees
Not very popular
27
Whats " Debt "
None of the above
A private bank
You owe money to a person or business
A person who handles money
28
In the US how long does it to start a business
5 days
10 days
2 days
7 days
29
Whats a "Deadline"
A meeting
The point and time when something must be completed
A type of business
When a employee is suppose to be payed
30
What would you call someone who has skill in a certain field
Setting
Best Practice
Annual Leave
Skill Set
