Micro and Macro Econ.
What is the typical shape of the market demand curve?
Downward Sloping
True/False: Cash is an asset.
True
In a Microsoft Word document, which ribbon do you find “Page Break"?
Insert
True/False: Overt conflict occurs when people openly disagree and choose to confront or address the issue with the other person.
True
What is the act of promoting a product or service?
Marketing
What is GPDI short for?
Gross Private Domestic Investment
DOUBLE JEOPARDY
True/False: In the end, credits do not have to equal debits.
False
______ is a popular way to source free-to-use images on Microsoft applications.
Clip-art
Name three forms of communication.
(Hint: how do humans communicate?)
Acceptable answers
Spoken Word
Tonality (Written Word)
Body Language
What are the 4 P’s of marketing?
Price, Product, Promotion and Place
Consumption by one that does not reduce the utility of that good or service to others is known as ________ Consumption.
Nonrivalry
What is the name of the principle that states that revenue needs to be recorded ONLY when it is earned?
Revenue Recognition
What symbol do you use for absolute reference in Microsoft Excel?
Dollar Sign ($)
A _______‘s authority is derived from the manager’s formal position in the company.
Supervisor
What is the name of the quadrant in the Boston Consulting Group’s Matrix that has low market share and low market growth?
A Dog
According to profit maximization rule, marginal revenue must equal _______.
Marginal Cost
When is an expense recognized?
When It’s Incurred
True/False: In Microsoft Excel, the MATCH function searches for and returns the cell value or address.
False
Fill in the blank:
Six Categories of Critical Thinking
Knowledge
Comprehension
Application
___?___
Synthesis
Evaluation
Analysis
What is the term for the production of uniform products that can be sold all around the world?
Global Marketing Standardization
The demand for gasoline is relatively inelastic compared to the supply of gasoline.
How does the difference in elasticities affect the burden of a tax on gasoline?
The tax burden shifts to ________.
Consumers
The owner of a company invested $4000 cash into the company. What would be the journal entry?
Debit: Cash $4000
Credit: Common Stock $4000
_______ is volatile, temporary storage that holds the program and data the CPU is presently processing. It is called temporary storage because its contents will be lost if electrical power to the computer is disrupted or the computer is turned off.
RAM (Random Access Memory)
“Steven Covey wrote the book ‘The ______ of Highly Effective People”?
Seven Habits
Coca-Cola launches coke zero to reach the male audience. Which part of Ansoff’s Opportunity matrix is this?
Market Development