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Bartering Bonaza

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Entrepreneur   Someone that makes there own product  
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Proprietorship   A business owned and run by one person  
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Partnership   A business run and owned by two or more people  
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Corporation   A business that has all legal rights  
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Inventor   A person who creates a useful item  
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Trademark   name, word, phrase, logo, symbol, design, image to distinguish services.  
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Logo   a design used for immediate recognition  
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Slogan   jingles or catchy phrases  
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Copyright   to keep others from steeling your idea  
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Patent   exclusive right given in exchange for the full disclosure of an invention  
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Business Ethics   practices assuring that the highest legal and moral standards are observed in your relationships with the people in your business community.  
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Marketing   planning and selling your product  
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Exchange   giving someone product and getting something back in return  
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Marketing Mix   Product, promotion, price, and place=> target market  
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Target Market   who you're trying to sell the product to  
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Product   what you're selling  
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Price   cost  
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Place   where your business is located  
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Promotion   advertising  
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Competition   rivalry between you and another business  
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Trade   voluntary exchange of goods, services, or both.  
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Barter   is a type of trade in which goods or services are exchanged for other goods and/or services. Barter is used in societies where no monetary system exists  
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Employee   Someone who works for you  
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Advertising   a promotional technique  
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Customer Service   How you treat your customers  
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Marketing Plan   is a written document that details the necessary actions to achieve one or more marketing objectives.  
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Expense   The cost required for something; the money spent on something.  
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