Business vocab test

The money or other assets used to start or operate a business?

• Profit

• Cash flow

• Asset

• Capital

The process of promoting a product or service to potential customers?

• Promotions

• Marketing

• Sales

• Media

The legal obligations of a business to pay debts or settle claims?

• Claims

• Human Resources

• Debts

• Liabilities

The financial gain a business makes after deducting all expenses?

• Profit

• Equity

• Cash Flow

• Liability

The support provided to customers, before, during, and after a sale?

• Business

• Customer Service

• Strategy

• Supply Chain

The act of selling a product or service to a customer?

• Customer

• Business

• Sales

• Strategy

The movement of money in and out of a business?

• Cash Flow

• Profit

• Revenue

• Business

The Income generated by a business through its operations?

• Profit

• Cash Flow

• Revenue

• Business

The value of a business after all debts and liabilities have been paid?

• Equity

• Liability

• Profit

• Revenue

A plan of action designed to achieve a specific goal or objective?

• Equity

• Budget

• Strategy

• Revenue