Chapters 5-7 Vocabulary Review

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Across
  1. 2. This value is equal to the sales price of an item minue its cost. (2 words)
  2. 6. The first step in the entrepreneurial process.
  3. 7. The process of examining something in detail to determine how it works; the goal is usually to produce something similar. (2 words)
  4. 8. COGS is the abbreviation for this business term, equal to net sales revenue minus gross margin. (4 words)
  5. 10. The process by which businesses and other organizations start operating on an international scale.
  6. 11. A longer, more formal version of a proposal in an elevator. Rhymes with witch check. (2 words)
Down
  1. 1. An administrative orgnization of large numbers of people.
  2. 3. A strategy of how a business's goals and objectives will be achieved. (2 words)
  3. 4. A short proposal about your business. Rhymes with alligator ditch. (2 words)
  4. 5. A person who runs the day-to-day business operations of a company.
  5. 9. A phrase used for promoting aspects of a product.