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BizTown Unit 4
| Question | Answer |
|---|---|
| ranking | the process of putting things into a position on an ordinal scale in relation to others |
| criteria | the standards used in making an evaluation of alternatives |
| revenue | price times the quantity sold |
| quality business | a business that tries to meet its customers' needs through a process of continuous improvements |
| best practices | the "best way" to do something to lead to success |
| Job Responsibility | the specific tasks and duties associated with a particular job |
| promissory note | a promise to repay a loan in a certain time period |