Wednesday, October 2, 2013

Oct 2

Credit talk and worksheets, 

REVIEW FOR TEST!!!

Terms to know

Profit
Capital
deficit
economic cycle (recession, growth, boom, depression)
Fixed income/expense
Variable income/expense
Simple interest
Compound interest
Credit Rating
Interest Rate
Principle vs interest payments
free market
sole proprietorship
partnership
corporations
franchise
what are characteristics of a good entrepreneur?
what are advantages and disadvantages of being an entrepreneur?
why is it important to deal with customer complaints?
how do you deal with customer complaints?
GDP
PPP
Why do you need a business plan?
Why are goals important?
SWOT
Private vs Public ownership
Incentives Matter
Government Policy Matters.
supply 

demand
What is a credit rating?
How can you build your credit rating.  


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