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Missed PI's
| Question | Answer |
|---|---|
| Dividends | portions of profit paid to shareholders |
| Accounts receivable | money owed to business by customers with credit |
| Cash Conversion Cycle | how long it takes to convert cash spent on operations to into cash from sales |
| Administration of assets = | investing |
| Bonds | [investment] loan made by investor to corp/ gov |
| Certificates of deposit | [investment] time based deposit at bank Fixed time, higher interest, early withdrawal → penalty low risk |
| Money market accounts | bank account with higher interest than savings Higher min balance, limited withdrawals More flexible than CoD |
| Mutual funds | investors buying diverse shares |
| Limited Decision | occasional, moderately important (phone) |
| supply chain | everything involved in getting a product from raw materials to the customer |
| Paradigm innovation | changing model, approach, rules of an industry |
| Positional innovation | changing how a product/ service is perceived |
| Trade association | org made of companies & professionals in the same industry |
| Data mining | analyzing large sets of data to discover patterns, relationships, and insights |
| touchpoint | any interaction, point of contact, or moment of engagement between a customer and a business |