E-Bay is an online store, where buyers and sellers can get together and interact.
100
What is the equation to calculate the owners equity?
Assets-Liabilities=Owners Equity
100
What is short selling?
Short selling is when you sell shares that you don't own, then you sell them at a high price and when the price goes down, you buy them.
100
Diamond Necklace, ipod, snowboard, television. These are all examples of _______.
Wants.
200
What Does A.I.D.A stand for?
A-Attention
I-Intrest
D-Desire
A-Action
200
What are the 3 ways to list an item, on E-Bay?
1.Auction Style
2.Buy it now
3.Reserve Price
200
What is Accounting?
Keeping Records on the financial activities of a business or individual.
200
How many stock exchanges are there in the U.S?
There are 7 stock exchanges in the U.S
200
After you use up your one free photo, how much does it cost to post additional photos?
It costs 0.10c to post additional photos.
300
What do the 4 P's of marketing stand for?
P-Product
P-Price
P-Place
P-Promotion
300
What is the last thing you do if you paid for an item on ebay, and 45 days later, it still has not shown up?
If this happens, you contact the credit card company, if you paid this way, and tell them what happend.
300
What is a Balance Sheet?
A financial statement which shows the net worth of a business at a specified time.
300
What are some features for the secondary market?
The secondary market is that the money made does not go to the company, but money from stocks traded goes to the seller minus a commision for the broker.
300
What does C.O.G.S stand for?
C-Cost
O-Of
G-Goods
S-Sold
400
What does a Wholesaler do in the marketing business?
A Wholesaler buys from producers, and sells to retailers.
400
What is shill bidding?
Shill bidding is when someone bids on an item, with the intention not to win, but to bring up the price.
400
If a business has $50,000 in assets and $30,000 in liabilities, what would the owners equity be?
The owners equity would be $20,000.
400
How is holding stocks privately more secure?
Holding stocks privately is more secure, because it makes it so that the public will not be able to buy the secured stocks.
400
What would happen if a company could not pay back a loan?
The company could go bankrupt.
500
What is a pull strategy?
It is when businesses use advertisements and promotion to pull consumers in, to buy that product.
500
When listing an item on E-Bay, what do you have to think about when writing the title for the item?
You have to think about what the buyers will search for, because search results are based on the title.
500
The worth of a business calculated on a certain date is called the company's _______?
Financial Position
500
What is the risk of owning a stock?
You never know if the company of the stock is going to do well or not. You could make a profit, or lose money.
500
On Maslow's Hierachy of Needs, what is the category on the top of the chart?
Self Actualization Needs/Wants (Things that make yourself better).