Unit 4 Review - Entrepreneurship

Front

What is the estimated number of how many people WILL purchase your product/service?

Back

An estimated number of how many people WILL purchase your product/service.

Front

What is the realistic segment of the market you intend to sell and market your product or service to?

Back

SAM

Front

What is the amount of money that a company brings in called?

Back

Revenue

Front

What is revenue?

Back

The amount of money a company brings in.

Front

What are costs used to operate your business called? Select one: SG&A, COGS, Revenue, Startup costs

Back

SG&A

Front

What are costs that are needed to start your business and occur only once?

Back

Startup costs

Front

What is the cost of your employee to provide the tutoring? Select one: COGS, SG&A, Startup Costs, A & B

Back

COGS

Front

A company pays monthly insurance costs. What are those costs called? Select one: SG&A, COGS, Startup Costs, A & B

Back

SG&A

Front

A company spends initial marketing costs used to promote their business. What are those costs considered?

Back

Startup Costs

Front

Every year, a company hires an accountant to review the books. What is this cost considered? Select one.

Back

SG&A