Coach Gillen
Economics
Business Basics
Marketing
7 Years Ago...
1

What is my daughter's name?

Magnolia
1

What type of economy does the United States have?

command, market, traditional, or mixed

MIXED ECONOMY

1

What is a tariff?

a tax placed on imports

1
List the 4 P's 

price 

promotion

product

place

1

Cardi B became the first female solo rapper to reach #1 on the Billboard 100. What song got her there?

Bodak Yellow

2

Where did I go to high school?

Westmoreland High School

2

What word applies to the following definition? 


- under conditions of this economic indicator prices rise over timed  and your purchasing power decreases

inflation

2

What is one easy defining factor of a small business?

less than 100 employees

2

What is trial advertising?

encouraged consumers to make the initial purchase of a new product; test markets


2

Which pop artist made the long-awaited return with the summer single, "Praying"? 

Kesha

3

What school did I teach at before coming to Portland High School?

Greenbrier High School

3

What does opportunity cost mean?

the value of the next-best alternative that you did NOT choose

3

What part of the business plan should be IMMEDIATELY after the cover page to serve as the "hook" to an investor?

Executive Summary 

3

What is switchback advertising?

advertising designed to bring former customers back to a product

3

A solar eclipse happened this year. What month did it occur?

August

4

What does my husband do for a living?

Woodworker

4

What country (in 2020) had the highest debt per capita?

Japan

4

What accounting software was developed by Intuit and is most commonly used by small and medium sized businesses?

Quickbooks

4

What is the difference between inbound and outbound marketing?

inbound = attracting customers via tailored content; getting them "naturally" 

outbound = reaching out to contact new consumers 

4

What was the newest available iPhone available in this year?

Iphone X

6

Which grade did I skip?

FOURTH!

6

What does GDP actually mean? 

total dollar value of all final goods/services produced

6

What are the five stages of the business cycle?

1. Expansion

2. Peak

3. Contraction

4. Recession

5. Trough

6

What are the 7 pillars of marketing?

pricing

promotion

product/service management 

financing

selling

marketing and management 

distribution

6

Donald Trump was sworn in as the 45th president. Mike Pence was sworn in is as the _____ vice president.

48th

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