Business Fundamentals
the production and sale of goods and/or services
What is A Business?
when using this business letter format, the entire letter is left justified and single-spaced except for a double space between paragraphs.
What is a Block Style(Business Letter/format)?
The free website builder we used for our websites
What is google sites?
Defined as all the business activities to plan, price, promote, and distribute goods and/or services to satisfy consumer need and wants
What is Marketing
an advertising film which promotes a product in an informative and supposedly objective style:
What is an Infomercial?
A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease and vice versa.
What is the Law of Demand?
This spreadsheet is defined as an electronic worksheet that allows the user to make calculations in columns and rows
What is an Excel Spreadsheet?
It can be changed to make your website more vibrant
what is a Colours/Fonts?
The managing of money
What is Finance?
The division of the total market into specific groups relating to consumer needs and characteristics
What is an Market Segmentation?
As prices rise, the quantity supplied by producers tends to increase and As prices fall, the quantity supplied by producers tends to decrease
what is the Law of Supply?
They are very useful for showing the contribution of each value to the total.
What is a Pie Chart?
Allows you to look at many different parts of the website on one page
What is the main page/navigation?
Is the process of recording and analyzing information about the financial position of an organization
What is Financial Accounting?
a Video Usually 15-60 Seconds long the Promotes/advertises a product
What is a Commercial?
Economy is doing well Employment levels are high Workers are well paid
what is a Period of Prosperity?
These are ideal for showing the trend of data over time.
What is a line graph?
You are able to put images slideshows into your site
What is the Inserting tool?
Type of accounting used within a company to help make decisions about the company
What is Managerial Accounting?
a group of consumers the business wants to reach
What is an Target Market?
Occurs when economic activity is very low and unemployment is very high Few people are able to purchase goods and services Need for welfare and social services increase Because of increase needs, some social services often have to be reduced
What is a Depression?
This is used to select certain data from a database and show it to you
What is a Queries?
a link from a hypertext document to another location, activated by clicking on a highlighted word or image.
What is an Hyperlink?
the financial statement that reports a business’s income and expenses for a fiscal period
What is an Income Statement?
a memorable motto or phrase used in marketing and other contexts as a representative expression of an idea or purpose.
What is an Slogan?