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BUSI 1800 Exam.
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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...

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  • December 4, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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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

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