Economics
Law
Ownership
Marketing
Technology
100
The man responsible for the idea of the "Invisible Hand" and author of the Wealth of Nations.
Who is Adam Smith?
100
When competition is lacking for a product or service, or producers are in a position to control the supply and price of goods or services.
What is a monopoly?
100
A business owned and managed by one person.
What is sole-proprietorship?
100
The 4 P's and target market.
What is the marketing mix?
100
Original facts and figures that businesses generate.
What is data?
200
The number of goods that will be purchased at a given time and price.
What is demand?
200
Agreement with the federal government that gives an inventor the sole right to make, use, and sell an invention.
What is a patent?
200
Business owned by two or more people.
What is a partnership?
200
The 4 P's are...
What is Price, Product, Place and Promotion.
200
Data that have been processed in some useful way.
What is information?
300
Consumer, Business, and Government.
What are the 3 kinds of spending?
300
Organization that regulates the safe production and sale of food, drugs, and cosmetics.
What is the FDA or Food and Drug Administration?
300
Business owned by a group of people and authorized by the state in which it is located to act as though it were a single person.
What is a corporation?
300
Odd-even and prestige are two examples of this kind of marketing strategy.
What is a pricing strategy?
300
Responsibility for physical or economic injury arising from incorrect data or wrongful use of data.
What is information liability?
400
The intersection between supply and demand, or the price that a product or service would best sell at.
What is the market price?
400
Organization created as a result of many businesses demanding protection from unfair methods of competition.
What is the FTC or Federal Trade Commission?
400
Owners of a corporation are called ...
What is stockholders or shareholders?
400
The 5 kinds of promotion.
What is advertising, personal selling, sales promotion, public relations and direct marketing.
400
Science of adapting equipment to the work and health needs of people.
What is an ergonomics?
500
The skills and knowledge of a human being.
What is human capital?
500
Act that made unfair or deceptive acts, such as false advertising, illegal.
What is Wheeler-Lea Act?
500
Official document given by a state giving power to run a corporation.
What is a charter?
500
Two kinds of public relations and an example of each.
What is proactive and reactive.
500
The numerical relationship between entities in a database.
What is cardinality?
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