Business Word Review

2. Is a price strategy in which a marketer sets a relatively high price for a product.
8. Are the claims against the assets of the creditors.
10. The amount of the selling price of a product that is above the cost of the products or service to the business selling the product or service.
11. Are sales that results from business activities performed to earn income.
12. Are the resources owned by a business.
14. Those who provide investments for new businesses.
16. Listing assets based on how fast they could be turned into cash.
18. Are non-personal promotional efforts that are designed to have an immediate impact on sales.
20. Gives the creator of an invention the sole right to make and sell the invention for a set period of time.

1. A business enterprise in which the expectation of gain is accompanied by the risk of loss or failure.
3. The basic resources, facilities needed for the functioning of a business or organization.
4. A form of businesses owned by shareholders who get to share in the profits of the corporation and get to vote for the directors.
5. Is equal to total assets minus total liabilities and stands for the value of the company that is claimed by the owner(s).
6. The amount of cash you need to start and run your company.
7. Is the cost of assets consumed or services used in the process of earning revenue or operating a company.
9. A form of business owned by one or more people with the intent of making profit.
13. Is a business that provides banking services for profit: deposits, lending, money, and processing transactions.
15. An individual or firm that will give start up capital in exchange for shares of ownership.
17. The actual method a company pays for to get their message to their customers i.e.. TV, radio.
19. A percentage of sales paid by the franchisee to the franchiser.