Enterprise and money matters flashcards quiz
1. What is enterprise?
- Enterprise refers to a business or organization that is usually engaged in commercial, industrial, or professional activities.
2. What are some examples of enterprise?
- Some examples of enterprise include corporations, small businesses, startups, non-profit organizations, and government agencies.
3. What is a business model?
- A business model is a plan or strategy that outlines how a company will operate, generate revenue, and deliver value to customers.
4. What are the key components of a business model?
- The key components of a business model include: target market, value proposition, revenue streams, cost structure, key resources, key activities, and key partnerships.
5. What is cash flow?
- Cash flow refers to the movement of money into and out of a business. It is important for businesses to have positive cash flow to meet their financial obligations.
6. What is profit?
- Profit is the financial gain that a business generates after deducting expenses from revenue. It reflects the overall profitability and success of a business.
7. What is revenue?
- Revenue is the total income generated by a business through its primary activities, such as sales of products or services.
8. What is a balance sheet?
- A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It shows the company's assets, liabilities, and shareholder's equity.
9. What is a budget?
- A budget is a financial plan that outlines the expected income and expenses of a business over a specific period of time. It helps businesses allocate resources effectively and monitor their financial performance.
10. What is a return on investment (ROI)?
- Return on investment (ROI) is a measure used to evaluate the profitability of an investment. It is calculated by dividing the net profit from the investment by the initial cost of the investment.