Even Though Your Business May Not Currently Be Profitable,investors Will

question 25

Multiple Choice

Even though your business may not currently be profitable,investors will want to know how many customers you have,primarily because it will show the potential ______.

• A)for customer satisfaction
• B)to scale the business
• C)marketability
• D)revenue from that base

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Definitions:

Inventory Control

Function requiring production and operations managers to balance the need to keep stock on hand to meet demand against the costs of carrying inventory.

Retail Transactions

Business operations involving the sale of goods or services directly to consumers for personal use.

Trademarks

Symbols, names, phrases, or logos legally registered or established by use as representing a company or product.

Advertising Slogans

Advertising slogans are memorable phrases used in advertisements to convey the key message or benefits of a product or service to potential customers.