Thursday, October 16, 2014

REVIEW FOR TEST!!!

Terms to know

Profit
Capital
deficit
economic cycle (recession, growth, boom, depression)
Fixed income/expense
Variable income/expense
Simple interest
Compound interest
Credit Rating
Interest Rate
Principle vs interest payments
free market
sole proprietorship
partnership
corporations
franchise
what are characteristics of a good entrepreneur?
what are advantages and disadvantages of being an entrepreneur?
why is it important to deal with customer complaints?
how do you deal with customer complaints?
supply 
demand
What is a credit rating?
How can you build your credit rating.    


Quiz on Monday

Interesting LINK on logos

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