Seatwork # 2

1. This is any dishonest or fraudulent behavior wherein someone uses their position of power to benefit themselves at the expense of others.

• Corruption

• Firm

• Goal

2. A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.

• Goal

• Business

• Shareholder

3. This is a document that defines in detail a company's objectives and how it plans to achieve its goals.

• Plan

• Business

• Firm

4. This is defined as a lack of success or the inability to meet an expectation.

• Success

• Plan

• Failure

5. A person or institution that has invested money in a corporation in exchange for a “share” of the ownership.

• Firm

• Shareholder

• Corporation

6. This is the individual entrepreneur's distinct understanding and appraisal of the accomplishment of standards that are personally crucial to him/her.

• Firm

• Goal

• Success

7. This is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals.

• Business Plan

• Plan

• Success

8. This is defined as a place or structure occupied by a firm to run its operations.

• Layout planning

• Business location

• Business logo

9. These are measurable goals that outline what the end results of your marketing strategy should be.

• Marketing objectives

• business plan

• Target market

10. This is a specific group of people with shared characteristics that a business markets its products or services to.

• layout planning

• marketing objectives

• target market