Notes 4 Flashcards
An investment worth money; a “financial instrument” indicating ownership.
Securities
An investment vehicle.
Security
The ability to pursue what you think is right or necessary to do despite temptations to quit.
Self-Discipline
The ability to pursue a task without being told to by someone else.
Self-Motivation
Costs that vary somewhat based on the number of units you sell.
Semi-Variable Costs
An individual that owns a company.
Sole Proprietorship
One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits.
Share
An individual or company that owns shares in a company.
Shareholder
All people or companies associated with an enterprise.
Stakeholders
Shares of ownership in a company.
Stocks
A company that provides a good or service to another company.
Supplier
The hard work a small business owner puts into forming, founding, and operating his/her business.
Sweat Equity
The exact customers and market sector the business intends to serve.
Target Market
Working with others to address a challenge.
Teamwork
Fixed costs plus variable cost.
Total Costs