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Entrepreneurship
| Question | Answer |
|---|---|
| What does the antonym "PMI" stand for? | Pluses, Minuses, Implications |
| What is Working Capital? | the difference between current assets and current liabilities |
| What is the product life cycle stage in which sales rise rapidly? | Growth Stage |
| 2 Branches of Econimics | 1) Macroeconomics 2) Microeconomics |
| Define and explain ethical dilemma (as it relates to ethics): | Difference between wrong and right |
| For elements of BCG Martix. | Stars,cash cows, question marks, dogs |
| Vulnerability is? | Threats to the strengths of a company. |
| What is Accounts Payable? | money an organization owes to its vendors and supplies |
| What are Profitability Ratios? | Measure of the company's ability to generate profits |
| What are Liquidity Ratios? | measure the ability to turn assets into cash to pay short-term depts |