Business Fundamentals
Finance
Marketing
Accounting
Entrepreneurship
100
Self Actualization, Self Esteem, Love and Belonging, Safety and Security and Physiological Needs are all parts of what?
What is Maslows Hierarchy of Needs?
100
A loan made by you to the government of Canada, government repays you the value of the bond plus interest earned on or before the maturity date is?
What is a Canada saving bond?
100
The product life cycle consists of...
What is the introduction stage, the growth stage, the maturity stage, the decline stage and the decision point stage?
100
The action or process of keeping financial accounts is?
What is accounting?
100
A risky or daring journey or undertaking is?
What is a venture?
200
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities is?
What is franchise?
200
The formula for calculating interest is?
What is I= P x r x t or I= Prt?
200
A notice or announcement in a public medium promoting a product, service, or event is?
What is advertising?
200
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period is?
What is a balance sheet?
200
A chance for employment or promotion is?
What is an opportunity?
300
Definition of a sole proprietorship is?
What is the simplest business form under which one can operate a business?
300
The money makes it possible for people to exchange it for goods and services without bartering or trading is?
What is medium of exchange?
300
Totaling of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action is?
What is a market segmentation?
300
A financial statement that measures a company's financial performance over a specific accounting period is?
What is a income statement?
300
The action of inventing something, typically a process or device is?
What is an invention?
400
To influence products is?
What is the role of the consumer?
400
Sometimes businesses raise money by selling what in their company?
What is stocks?
400
A plan to price a product to achieve specific marketing objectives is?
What is pricing strategies?
400
Can be increased by increasing price, selling more controlling expenses is?
What is profit?
400
Make changes in something established, especially by introducing new methods, ideas, or products is?
What is innovation?
500
An organization in which two or more individuals mange and operate the business is what?
What is a partnership?
500
The three C's of credit are...
What is Character, Capital and Capacity?
500
what type of market is one in which a large numbers of producers compete with each other to satisfy the wants and needs of a large number of consumers?
What is a competitive market?
500
The total assets minus total outside liabilities of an individual or a company is?
What is net worth?
500
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so is?
What is an entrepreneur?
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