assets definition.

Things that are resources owned by a company and which have future economic value that can be
measured and can be expressed in dollars. Examplesinclude cash, investments, accounts receivable, inventory, supplies,
land, buildings, equipment, and vehicles.

Supply is a fundamental economic concept that describes the total amount of a specific good or service that is available to
consumers. Supply can relate to the amount available at a specific price or the amount available across a range of prices if
displayed on a graph

Free enterprise is a type of economy where products, prices, and services are determined by the market, not the
government. It's capitalism, not communism. Things that are free are unconstrained, and a business is an enterprise.
So, free enterprise refers to an economy where businesses are free from government control.

Lease a contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return
for a periodic payment.

Sales forecasting is the process of estimating future sales. Accurate sales forecasts enable companies to make informed
business decisions and predictshort-term and long-term performance. ... It is easier for established companies
topredict future sales based on years of past business data.

A balance sheet or statement of financial position,reports on a company's assets, liabilities, and owners equity at a given
point in time. ... Astatement of changes in equity or equity statement, or statement of retained earnings, reports on the
changes in equity of the company over a stated period of time.

Liabilities are obligations of the company; they are amounts owed to creditors for a past transaction and they usually have
the word "payable" in their account title. ... Examples of liability accounts reported on a company's balance sheet include:
Notes Payable.

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions
include purchases, sales, receipts, and payments by an individual person or an organization/corporation.

Definition of 'Monopoly' Definition: A market structure characterized by a single seller, selling a unique product in the
market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.

A trademark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party
from those of others. A service mark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of
a service rather than goods.D

Bait-and-switch is a term for a scam where a business advertises a great product or service for a low price. When
prospective customers attempt to buy the product or service, however, they find out that the product is not available.

A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way
of doing something, or offers a new technical solution to a problem. To get apatent, technical information about the
invention must be disclosed to the public in a patent application.

Managing Incompetence. ... Someone who is highly skilled and able to perform competently when working on his or her
own can be incompetent when working in a team. A person's level of competence is influenced by a complex of
communication, collaboration, conflict management, emotional intelligence, and concrete skills
The sole proprietorship is the simplest business form under which one can operate a business. The sole
proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its
debts.

Demand is the quantity of a good or service that consumers and businesses are willing and able to buy at a given price in
a given time period. Marketdemand is the sum of the individual demand for a product from buyers in the market.