(What is the Vocab word for the following definition?)
The process of planning, promoting, selling, and distributing ideas, goods, or services to create exchange
What is marketing?
100
Infer what the Vocab word is.
An organized way the nation provide the needs and wants of people.
What is economy?
100
Name the correct vocab word.
This is sometimes called a duty.
It is a tax on imports.
What is a tariff?
100
What is the missing word?
________________ is the amount of good producers are willing to make and sale.
What is supply?
100
______________ allows workers to choose work hours.
What is flextime?
200
This refers to where a person lives.
What is geographics?
200
Their are 3 types of economy.
Read the following statement.
The goverment has no involvement in the economical decisions.
What is a Market economy?
200
Complete the sentence.
Hershey Co. And other companies that manufacture candy use a
__________________ marketing strategy by offering the same versions of advertizement around the world.
What is globilization?
200
What is the missing word?
Supply and ___________ interacts throughout the marketplace.
What is demand?
200
This is putting products unreasonably high when the need is great or when consumers don't have other choices.
What is price gouging?
300
Complete the following sentence.
When Apple Co. Film commercials they are attracting young people therefore; they're using a
(_____________ market)
What is target market?
300
Fill in the blank.
____________________ is when there is a difference between wants and needs and available resources.
What is scarcity?
300
Fill in the blank:
______________________ is when a ban has been placed on a certain good that has been brought in and out of the country.
What is Embargo?
300
Multiple choice:
___________ is the money earned after expenses has been paid.
A) profit
B) supply
C) demand
D) monopoly
What is A) profit?
300
Labeling safety of food drugs and cosmetics sold through the U.S.
What is Federal Drug Administration (F.D.A)?
400
Read the statment and infer what the Vocab word it is.
This includes charatheristics such as age, gender, income, marital status, ethnic background and education.
What is demographics?
400
Land , Labor, Capital, and entreperneurship are a part of the
________________________ of _____________________.
What is Factors of production?
400
What Vocab word best fits this statement?
A company use an existing product to which changes made to better suit the charatheristics of a country.
What is Adaption?
400
This is something similar to an invention.
What is patent?
400
Fill in the blank.
________________ trade _____________ enforces the the principles of free enterprice system and protects consumers from deceptive practices.
What is federal trade commision?
500
Money used to buy necessities.
What is discretionary income?
500
The things used in producing goods and services are known as
____________________________.
What is resources?
500
Which Vocab word does this refer to?
This involves a use of trademark, patent, a company's name or a symbol
What is Licensing?
500
The following statement is missing what Vocab word.
________________ is the potential loss or failure.
What is business risk?
500
A non- profit organization that helps public service advertizing campaigns for goverment agencies and other qualifying groups.