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19 Cards in this Set

  • Front
  • Back

Writing process step 1

analyze the audience



step 2 writing process

planning

step 3 writing process

drafting

step 4 writing process

revise

step 5 writing process

format/proofread

Business model

Make profit
how long will it take
will the startup cash = profit?

definition of capitalism

economic system where individuals own and operate the majority of businesses

definition of business

An organized effort of an individual or individuals to produce, market, and sell the goods and services which satisfy society's needs and wants for a profit.

Trinity of MGMT

Product or service
marketing
financial mgmt

export list

canada
mexico
china
japan
UK
Germany

import list

China
Canada
Mexico
Japan
Germany
UK

successful business model

cost drivers
revenue sources
Investment size

father of communism

karl marx

the price point at whic hthe demand for a specific good or seervice is equal to the supply is called:

the equilibrium point

The only person who profited from the invention of the steamboat:

Robert Fulton

Economic term which describe's Federal action to determine money distribution and interest rate:

monetary policy

recession lasts how long?

6 months in recession
12 months recovery

total value of all goods and services produced within a country

Gross Domestic Product