Finance
What is inflation?
When prices of goods or services increase over time
What are the 4 Ps of marketing?
Price, place, promotion, and product
What is accounting?
Accounting is the process of recording and analyzing activities of a business.
What does AIDA stand for?
Attention, interest, desire, and action
What are assets and liabilities?
Assets are items of valuable that you own
Liabilities are items or amounts you owe to another person
What are the three forms of business income?
Revenue, gross income, and net income
What brand slogan is this - “Betcha can’t eat one”
Lays potato chips
What are the five stages of product lifecycle? (List at least 3)
Introduction stage, growth stage, maturity stage, decline stage, and decision point
What are the six activities included in marketing? (List at least 3)
Research, development, promotion, distribution, advertising, and sales