BUSI 1800 Exam.
Affiliate Marketing - CORRECT ANSWER internet based marketing strategy, which awards people for
sending others to the site.
A Business Establishment - CORRECT ANSWER must meet at least one:
1 paid employee
annual sales revenue of $30,000
must have filed a federal corporate income tax return at least once in the previous 3 years
An Employer Business - CORRECT ANSWER maintains payroll of at least 1 person
annual sales revenues of $30,000
filed federal corporate income tax
Small Business - CORRECT ANSWER independently owned & operated, not dominant in its field
A Business Plan - CORRECT ANSWER describes: the target market, the nature of the business, the
advantages in competition, and the resources & qualifications of the owner(s)
Entrepreneurship - CORRECT ANSWER accepting the challenge of starting and running a business
Incubators - CORRECT ANSWER centers that provide hands-on management assistance, education,
information, technical and vital business support services, networking resources, financial advice, as well
as advice on where to go to seek financial assistance
, Venture Capitalists - CORRECT ANSWER individuals or companies that invest in new businesses in
exchange for partial ownership of those businesses
Angel Investors - CORRECT ANSWER private individuals who invest their own money in potentially hot
new companies before they go public
Market - CORRECT ANSWER consists of people with unsatisfied wants and needs who have both the
resources and willingness to buy
The Business Environment - CORRECT ANSWER consists of surrounding factors that either help or hinder
the development of businesses
Regulations - CORRECT ANSWER provincial and federal laws placed on businesses with respect to the
conduct of their activities
Technology - CORRECT ANSWER inventions or innovations from applied since or engineering.
Effectiveness - CORRECT ANSWER producing the desired result
Efficiency - CORRECT ANSWER producing goods and services using the least amount of resources
E-Ccommerce - CORRECT ANSWER the buying and selling of goods and services over the internet
E-Business - CORRECT ANSWER any information system or application that empowers business
processes
Database - CORRECT ANSWER an electronic storage file in which information is kept
Affiliate Marketing - CORRECT ANSWER internet based marketing strategy, which awards people for
sending others to the site.
A Business Establishment - CORRECT ANSWER must meet at least one:
1 paid employee
annual sales revenue of $30,000
must have filed a federal corporate income tax return at least once in the previous 3 years
An Employer Business - CORRECT ANSWER maintains payroll of at least 1 person
annual sales revenues of $30,000
filed federal corporate income tax
Small Business - CORRECT ANSWER independently owned & operated, not dominant in its field
A Business Plan - CORRECT ANSWER describes: the target market, the nature of the business, the
advantages in competition, and the resources & qualifications of the owner(s)
Entrepreneurship - CORRECT ANSWER accepting the challenge of starting and running a business
Incubators - CORRECT ANSWER centers that provide hands-on management assistance, education,
information, technical and vital business support services, networking resources, financial advice, as well
as advice on where to go to seek financial assistance
, Venture Capitalists - CORRECT ANSWER individuals or companies that invest in new businesses in
exchange for partial ownership of those businesses
Angel Investors - CORRECT ANSWER private individuals who invest their own money in potentially hot
new companies before they go public
Market - CORRECT ANSWER consists of people with unsatisfied wants and needs who have both the
resources and willingness to buy
The Business Environment - CORRECT ANSWER consists of surrounding factors that either help or hinder
the development of businesses
Regulations - CORRECT ANSWER provincial and federal laws placed on businesses with respect to the
conduct of their activities
Technology - CORRECT ANSWER inventions or innovations from applied since or engineering.
Effectiveness - CORRECT ANSWER producing the desired result
Efficiency - CORRECT ANSWER producing goods and services using the least amount of resources
E-Ccommerce - CORRECT ANSWER the buying and selling of goods and services over the internet
E-Business - CORRECT ANSWER any information system or application that empowers business
processes
Database - CORRECT ANSWER an electronic storage file in which information is kept
