Micro Enterprise Flashcards

1
Q

complete two part self assessment

A

self assessment

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2
Q

presentation to an unfamiliar workplace adult

A

self assessment presentation

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3
Q

complete online credit application

A

micro enterprise credit application

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4
Q

register a ficticious business on GeauxBiz student portal

A

company registration

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5
Q

online certification exam

A

credential online test

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6
Q

small business

A

micro enterprise

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7
Q

Baton Rouge Area Chamber are the creators of the micro enterprise certification

A

BRAC

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8
Q

online program that provides unlimited access to industry experts in all careers

A

nepris

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9
Q

money owed by a company to a supplier

A

accounts payable

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10
Q

money owed by a customer to a company

A

accounts receivable

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11
Q

individuals that make small investments in an enterprise or wants to see them succeed

A

angel investors

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12
Q

something of a value , anything owed

A

assets

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13
Q

debit from a bank

A

bank loan

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14
Q

a loan

A

bond

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15
Q

a determination of how many units are needed to sell in order to pay for all fixed costs

A

breakeven analysis

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16
Q

a company that provides individuals & companies with access to financial markets

17
Q

proper business behavior beyond complying with legal requirements

A

business ethics

18
Q

funds contributed by investors for a business

A

capital (or equity)

19
Q

expedentures on equipment the business will use for many years

A

capital expedentures

20
Q

total revenues minus total cost minus one time expedentures on equipment that will be used for many years

21
Q

can be turned into cash

A

cash instruments

22
Q

cannot be a loan payment

A

collatoral

23
Q

the ability to interact in a friendly way with unfamiliar people.

A

comfort engaging with strangers

24
Q

money earned when something is sold

A

commission

25
a promise to keep information you learn a secret
confidentially
26
a situation in which an individual might take an action to his/her advantage that would be the disadvantage of a person or company that believes this individual is serving them
conflict of interest
27
unit price minus cost of goods sold
contribution margin
28
actions entrepreneurs and companies take that go beyond their financial self-interest
corporate social responsibility