buying decisions
is a purchase made with no planning or research.
impulsive buying decision
debts owed to others
liabilities
A process used by individuals to manage limited income to meet personal unlimited needs and want
personal financial management
The individual entries on a balance sheet are referred to as debits and credits.
debits and credits
how many periods per day
8 a day
is a purchase made quickly and with little thought
A routine buying decision
the property or items of value a business owns
assets
income received from employment
earned income
accounts involve individuals, businesses, or entities and track transactions related to them.
personal account
whats your favorite class?
gym
is one that requires some amount of research and planning.
A limited buying decision
what is the accounting equation?
A=L+E
Income paid as a percentage of sales made by a salesperson
commision
he degree to which customers are pleased with a company’s goods or services.
customer satisfaction
how long is every period?
44 minutes
involves a great deal of research and planning.
An extensive buying decision
The money a company earns from the sale of its products and services
revenue
Money added to an employee’s base pay
bonus
Whats the 4 p's of marketing?
product,price,place and promotion
what teacher walks around with the tech basket?
Mr.cherry
what buying decision would you chose to buy a car?
extensive buying decision
What is a long-term asset?
anything of value that takes awhile to turn to cash
Payment for work and is usually calculated on an hourly, daily, or weekly basis
wages
Dividing the market of potential customers by their personal statistics is called?
demographic segmentation
which teacher on the 3rd floor drives a prius
Mr.Milgram