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18 True/False questions

  1. unique selling proposition (USP)a method that assesses the value of a business based on a stream of earning that is multiplied either by an agreed-upon fact (the capitalization factor) or by the price/earnings ratio (for a publicly traded company)

          

  2. asset valuationa method that analyzes the underlying value of a business's assets as a basis for negotiating a price

          

  3. tacticsa group of people or organizations that may be interested in buying a given product or service, has the resources to purchase it, and is permitted by law and regulation to do so

          

  4. foreign exchange (FX) ratethe fundamental ethical and moral philosophy and beliefs that form the foundation of the organization and provide broad guidance for all decision making

          

  5. currencya term for money when it is exchanged internationally

          

  6. marketa plan for how an organization or individual intends to outdo competitors

          

  7. gross profittotal sales revenue minus total cost of goods sold

          

  8. economics of one unit of sale (EOU)the amount of gross profit that is earned that is earned on each unit of the product or service a business sells

          

  9. competitive strategya plan for how an organization or individual intends to outdo competitors

          

  10. earnings valuationa method that assesses the value of a business based on a stream of earning that is multiplied either by an agreed-upon fact (the capitalization factor) or by the price/earnings ratio (for a publicly traded company)

          

  11. barriers to entrythe factors that contribute to the ease or difficulty of a new competitor joining an established market

          

  12. core valuesa group of people or organizations that may be interested in buying a given product or service, has the resources to purchase it, and is permitted by law and regulation to do so

          

  13. cost of services sold (COSS)the cost of delivering a service

          

  14. direct laboremployees that actively produce or deliver a product or service

          

  15. unit of saleemployees that actively produce or deliver a product or service

          

  16. cost of goods sold (COGS)the cost of delivering a service

          

  17. cash flow valuationa method of calculating the worth of a business by using projected future cash flows and the time value of money

          

  18. strategya group of people or organizations that may be interested in buying a given product or service, has the resources to purchase it, and is permitted by law and regulation to do so