What is a perk to starting a Franchise?

What is information technology?

Advertisements do not use persuasive techniques to help catch their target audience’s attention.

Social media is becoming a more popular way to advertise and promote products and services.

It is smart for partnerships to have a legal agreement.

All Entrepreneurs are successful.

Consumers wants and needs never change.

A business does not need to worry about continually improving the value it creates for consumers and society.

Businesses must make profit if they want to stay up and running

You were having a yard sale and bought signs for 6 dollars, that said “Yard Sale Here”. Then you told your mother that if she would help you run the garage sale, you would pay her 15 dollars. She agreed to help. After the garage sale ended, you made 65 dollars, how much profit did you end up making?

______ is a device, machine, tool, or technique that is created by humans, to help enhance our everyday lives?

Our country provides small businesses with resources they can use to help them get started and be successful. What is this government agency called?

When it comes to verbal communication, do the following:

Behaving ethically involves which of the following?

To help people improve their lives by providing goods and services they value more highly than their other options.

The process of businesses promoting and selling their products and services.

Acting with integrity by being honest, professional, and fair.

Pieces of information acquired by observing rather than listening to other people.

The public promotion of something such as a product, service, business, or event, to attract or increase interest.

A group of consumers who share common wants and needs.

Products created by businesses that you can physically touch and see.

The process of recognizing a business opportunity, starting the business based on the recognized opportunity, and operating and maintain that business.

Being legally responsible for something.

The activity of making profit by producing and selling consumer’s goods and services in exchange for money.

The money businesses get to keep after paying off expenses.

When a business finds out their consumer’s demographics they know who their __________ is.

The study of how individuals behave when it comes to satisfying their unlimited wants and needs with limited resources.

An individual who buys goods and services from businesses.

A document that outlines the company’s policies on the way you should conduct yourself at work or when representing your business.

Work that businesses perform for consumers

Lacking the ability to behave with moral principles.

The activity of producing and selling goods or services and making them available to all consumers.

Someone who starts up their own business and takes on all the risk and rewards. Entrepreneurs are the decision maker and they decide what, how, and how much of a good or service will be produced.

A business that is started in order to protect the owner’s personal assets.

A business that was created for expanding an original business, but opening in a new location, and where you are required to sell goods and services a certain way.

A business owned by many people who are considered stakeholders.

A Business ran and owned by just one person

A business owned by two people who share the profit.

An organization created whose purpose is something other than making a profit.

Hands-off approach to leadership. These leaders choose to not lead.

Known as the best kind of leader because they always listen to other people’s decisions and encourages the exchange of ideas.

Leaders who do not listen to others and they make all the decisions. They are also known for being controlling.

Businesses help out our economy by providing individuals with jobs.

Businesses can tell if consumers are liking what they are making and selling through how much

   profit they are making.

The simple rule that businesses and consumers should follow is always fulfill your wants first

   and then your needs.

Sole Proprietorship is a business that has many owners.

An LLC stands for Limited Liability Company.

Proficiency of technology tools is not just needed, but expected, in order to enhance your academic, business, and personal performance.

Why is it important to price a product correctly?