Econ. Concepts
Bus. Models
Functions of Bus.
Functions of Man.
Brady Trivia
100
This concept represents the value of the next best alternative that is given up when making a decision.
What is opportunity cost?
100
This model relies on recurring revenue, often through monthly or annual fees.
What is the subscription model?
100
This business function focuses on creating goods or services.
What is production?
100
This function of management involves setting goals and deciding how to achieve them.
What is planning?
100
What is my dog's name?
Dog
200
This economic principle occurs when choosing one option means sacrificing another.
What is a trade-off?
200
This model offers free basic services while charging for premium features.
What is the freemium model?
200
This function involves promoting and selling products or services.
What is marketing?
200
This function focuses on arranging resources and tasks to achieve the organization's goals.
What is organizing?
200
Who is my fav. actor?
Walton Goggins
300
This economic principle states that as the price of a good rises, the quantity demanded decreases.
What is the law of demand?
300
This model relies on acquiring raw materials, creating goods, and selling them directly.
What is the manufacturing model?
300
This function handles the inflow and outflow of money in a business.
What is finance?
300
This function ensures employees are motivated and working effectively toward company goals.
What is leading?
300
What's my fav. hymn?
Jesus, Hold my Hand
400
This occurs when the quantity of a good supplied equals the quantity demanded at a given price.
What is market equilibrium?
400
This business model delivers software to customers over the internet on a subscription basis.
What is the Software as a Service (SaaS) model?
400
This business function is responsible for managing employees and their needs.
What is human resources?
400
This function involves monitoring performance and making adjustments to meet objectives.
What is controlling?
400
If I could have lunch with two historical figures, guess who they would be?
Joan of Arc and Julius Caesar.
500
This term describes a situation where the quantity demanded exceeds the quantity supplied at a given price.
What is a shortage?
500
This hybrid business model combines online and physical store operations to serve customers.
What is the bricks-and-clicks model?
500
This function ensures goods and services are delivered to customers efficiently.
What is distribution?
500
This is the total number of primary functions in the management process.
What is four?
500
What is Brady's record for the most slices of pizza eaten at Snappy Tomato in one sitting? (Approximately 45 minutes.)
24