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Delgado BUSG 115 Chapter 5 Definitions
Starting a New Business
35
Business
Undergraduate 1
10/04/2013

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Term
Part Time Self Employment
Definition
Working for yourself less than 35 hours per week is considered _______________
Term
Volatility
Definition
Part-time entrepreneurship is easy and low cost so many people start up a business, let it go, restart it and continue this cycle is known as _________
Term
Full Time Self Employment
Definition
is working for yourself more than 35 hours per week
Term
Cost to Start UP
Definition
Amanda figured she needed $4000 to start her consignment business. That $4000 is her ____________________
Term
Time to Start Up
Definition
Laura got her business started and operation over the weekend. Those two days represent her _________________
Term
Permanence
Definition
Sue Ann found that she sometimes had trouble getting customers for her part-time tax accounting business. They tell here that they were concerned that she might not make it and they’d have to look all over again for a new accountant. Sue Ann’s customers were concerned about her ___________
Term
Zoning Laws
Definition
are government restrictions on if (or what kind of) business can be run at a particular location.
Term
Variance
Definition
Kathy had wanted to start an at-home day care, but she found out that it was not permitted unless she could get a _________.
Term
E-Commerce
Definition
Shopping on-line is known as ________________
Term
Consumer
Definition
Esther buys all her books from Amazon.com. She is one of Amazon.com’s _______.
Term
Informational Web-Site
Definition
Patrick needed a new car. He went on-line to view the new models on the car manufacturer’s Website, but then went to the dealers to make his purchase. The web pages Patrick visited were most likely ____________________
Term
Business to Consumer (B2C)
Definition
Blaze Color Printing wedding invitations for Karen. This transaction is an example of _______________
Term
Business to Business (B2B)
Definition
Blaze Color Printing also printed advertising flyers for Blossom City Antiques. This transaction is an example of _______________
Term
Blog
Definition
Sue liked reading the E-Z Travel _______ on their Website, because each day she got the latest travel news.
Term
RSS Feed
Definition
After subscribing, Theo got weekly updates sents to his e-mail from the Bounty Journal who used a(n) _________ to make sure Theo got the information he wanted.
Term
Tweet 140 characters or less
Definition
Gladys love that the messages she got were _________ “Im so busy that I’ve only got the time to read a _________,” she said.
Term
Multi-Channel Marketing
Definition
Blevins Archery Center had a Website and e-mail address. This information was found on their mailers, their newsletters and link to several other archery sites in the area. Blevins Archery Center practiced __________
Term
Reciprocal Links
Definition
Blevins Archery Center not only had their Website linked to other archery sites, but they also put _________ on their site to them.
Term
Search Engine Optimization
Definition
Donna knew that if she wanted people to find her Website through searches she would have to design it carefully.
Term
Sponsored Link
Definition
A priority listing on a search engine that was purchased is know as a(n)
Term
Reserve Auction
Definition
Roman bid the lowest amount and got the job to design a new logo for a city in Germany. Roman had participated in a(n)
Term
Reserve Price
Definition
Neddie was confused. She had bid the highest amount on an eBay auction but did not get the product. Her friend, Gina, pointed out that she had not reached the
Term
Network Marketing
Definition
is a in-home or person-to-person sales system in which current salespeople are encouraged to recruit additional salespeople.
Term
Registration
Definition
the way to let the government know you are running a business and is sometimes required.
Term
Liscensing
Definition
special permission from the government needed for certain types of businesses.
Term
Delegation
Definition
When you assign your work to someone else in your business
Term
Outsourcing
Definition
When you hire your work to be done by others outside your business
Term
Bootstrapping Methods
Definition
Marsha traded babysitting for getting her Website designed and used her brother’s volunteered time to get her business started.
Term
UnderCapitalization
Definition
this simply means not having enough ready cash to run your business.
Term
Equity
Definition
ownership of a portion of a business
Term
Moonlighting
Definition
working a part time job in addition to your full time job.
Term
Conflict of Interest
Definition
A(n) ______________ may occur if you are doing work for your part time job while at your full time employer.
Term
Cannibalizing
Definition
this happens when you take work away from your full time employer.
Term
Poisoning the Well
Definition
If you cause your full time employer’s customers to think badly about the company (by pitching your own business, for example) you are?.
Term
Aggrandizing
Definition
Tarique knew it was ________ when he indicated that his part time business was really full time.
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