Food, shelter, clothing, and water are examples of what?
What are needs?
100
Trees, oil, coffee crops.
What are natural resources?
100
When you currently don't have a job.
What is unemployment?
100
You're a car salesman. What is your kind of pay?
What is commission?
100
When you business is on a down fall. What is that called?
What is recession?
200
Highways, police, fire fighter, and education are exapmles of what?
What are public wants?
200
Machines, tractors, factories, robots.
What are capital resources?
200
The U.S. government has trillions of this.
What is national debt?
200
You're a teacher and you are on a salary pay. You get paid on average $40,000 a year. You have worked for 8 years. About how much money have you made so far?
What is $320,000?
200
Steve Jobs is an example of this.
What is and entrepreneurial resource?
300
When your business runs out of your basic needs.
What is scarcity?
300
China's government is this.
What is communism?
300
Bill Clinton was the most recent president to spend less than what he made. This is an example of what?
What is Budget Surplus?
300
James Hardin is making $80 million for 5 years. How much money would he make in a year?
What is $16 million?
300
You are an employee and another worker is bothering you. You need to figure out what you should do first to handle the situation. Which step of the business cycle would you do first?
What is list alternatives?
400
Bryce works 44 hours and he gets paid $10 per hour. What is his overtime pay?
What is $60? 1.5x10=15; 15x4=60.
400
You're the owner of Nike and you need to know how many shoes to have in stock.
What is supply?
400
In 1929, your business is failing, and it was extremely bad. What part of the business cycle is this?
What is depression?
400
You work 50 hours in a week and you make $10 per hour. How much money would you make overall including overtime pay that week?
What is $650?
400
You own a business and you spent $400 for a day of work, but you made $700. What the the positive change called? Not a number, a vocabulary word.
What is profit?
500
Bryce and Katie are having friendship problems. Katie thinks Bryce is lying to her. What should Katie do? Use the five steps of the decision-making process.
What is Identify the problem
List alternatives
Determine pros and cons
Make best decision
Evaluate your decision
500
You're the manufacture of a big company and you need to find ________.
What is What should be produced, how should it be produced, who should share in what is produced.
500
You own a business and your at your all time high. What part of the business cycle is this?
What is prosperity?
500
You work 53 hours a week and you're making $15 per hour. What is your pay excluding overtime?
What is $600?
500
You are a business owner and you need to find out a way how you will use you resources. What is this called?