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Entrepreneur
19 terms
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An introduction to #entrepreneur terms
Flashcards
19 cards
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Practice quiz
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Questions
19
Answers
1
What does
cash in hand
mean
money that is taken out of an account
cash that a person has a particular time.
money a company earns from selling a product or a service.
assets available for use in the production of further assets
2
What is a
consumer
a financial gain
money put into an account.
someone who buys and uses products and services.
a form of communication
3
What does
brand
mean?
a symbol used to represent a business
a jingle for a company
a specific segment of the population.
features that make a company’s goods distinct from others
4
What are you doing when you
withdraw
money from an account?
taking money out
putting money in
putting money under a mattress
checking for accuracy
5
What best describes a company
slogan?
a short unique phrase used to advertise a company or product
a company’s name, trademark, or symbol
talking to the consumers
attracting public attention to a product or a business
6
What does it mean to have a
growth mindset?
getting taller
art or skill of combining text and pictures in advertisement
Willingness to learn new things
A person who starts a business
7
An
Entrepreneur
is?
A person who starts a business and is willing to risk loss
money a company earns from selling a product or a service
the features of a company’s goods or services
a cost associated with running a business
8
What does it mean to
reconcile
an account
comparing financial accounts, checking for accuracy
something that is borrowed
total expenses
money in the form of cash
9
Demographics
means?
a company’s name
a segment of a population having shared characteristics.
a feature that make goods distinct from other sellers
talking to the consumers
10
What is the role of a
graphic designer?
a person who uses art to create advertisements
runs a business
cleans houses
is willing to learn new things.
11
Market research
is when a company
a segment of a population having shared characteristics.
talks to the consumers to see if a product fits their needs
attracts attention to a product or a business
has a specific name
12
What is a
business?
the management of money
communication between you and your customers
someone who buys and uses products and services
A person who sells products in order to make money.
13
What is
profit?
total expenses
a financial gain
money spent on something.
money put into an account
14
Explain a financial
loss
the activity of attracting public
total expense exceeds total revenue; opposite of profit.
something that is borrowed
money out into an account
15
What is a company
logo
attracting public attention to a product or a business
a cost associated with running a business
a name, trademark, or symbol, designed for easy recognition
a person that sells products in order to make money
16
Explain
finance
the management of money
sum of money that is expected to be paid back with interest
cash that a company/person has at a particular time.
shared characteristics
17
What is a
loan?
sum of money that is expected to be paid back with interest
money a company earns from selling a product or a service
money made by a company
money in the form of cash
18
In business, what is an
expense
talking to the consumers
a specific segment of a population
a cost associated with operating a business
a financial gain
19
What is
debt?
an entry recording an amount owed
money that is taken out of an account
the state of owing something, especially money
total expenses
