Key Terms
Textbook
Review
Main Ideas
Popcorn
100

 The part of your brain that helps regulate your stress responses

Amygdala

100

 Someone who supports, guides, and advises another person over a period of time

Mentor

100

Identifying a specific product by its logo, jingle, or name is called Identifying a specific product by its logo, jingle, or name is called blank .


.

Brand Recognition

100

What is the key to failure?

Learning from it.

100

 a promise from the manufacturer that a product will be replaced or repaired if it’s faulty

Manufacturer’s Warranty:

200

The part of your brain that controls memory, impulses, and thoughts

Prefrontal Cortex

200

This is always sold separately as extra coverage. So it comes with an additional cost and is a huge moneymaker for the business. It’s best to stay away from extended warranties.

Extended Warranty

200

 Someone who starts and runs their own business

Entrepreneur

200

 The shopping people do to lift their mood when they’re discontent 

 Retail Therapy

200

 Extra coverage for the repair or replacement of items purchased

Extended Warranty:

300

 The financial opportunity that is lost when you choose to do something else with your money

Opportunity Cost

300

The theory that spending money and consuming goods is good for the economy.

Consumerism

300

 The idea that you should connect with people who are doing what you want to do and get in the right places in order to find new opportunities related to your dream job

Proximity Principle

300

 Buying anything without planning to do so in advance

Impulse Buying:

300

 a feeling of guilt, regret, or unease after making a purchase

Buyer’s Remorse:

400

 Character traits and interpersonal skills requiring EQ (emotional quotient) that guide how you interact with others­

Soft Skills

400

Name 3 of the 8 most common types of fraud. 

Common Types of Fraud:

Mail
fraud

Driver’s license fraud

Health care fraud

Debit and credit card fraud

Stolen tax
refund fraud

Voter
fraud

Internet
fraud

Elder
fraud

400

 Technical skills that are learned and that require IQ (intelligence quotient)

Hard Skills:

400

 The act of fraudulently gaining and using the personal information of someone else, usually for financial gain

Identity Theft

400

 Where what you love to do the most intersects with the things you do the best

Sweet Spot

500

 a widely recognized perception or impression of an individual based on conduct, experience, skills, and actions

Personal Brand

500

The unauthorized use of your debit or credit card number and PIN or the forging of your signature



Card Fraud

500

Your resume should NOT include ___________.

How Much money you want to make.

500

The state of being satisfied with who you are and what you have in life

Contentment

500

What is an example of putting the proximity principle into practice? 

Volunteering

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