Economics 1
Economics 2
Finance
Marketing and Business
Marketing research
100
Land, Labor, Capital and Entrepreneurship.
What are the 4 factors of production
100
Indication of how changes in price will affect changes in amounts demanded and supplied
What is elasticity?
100
Seed money.
What are start up costs also known as?
100
Planning.
Which function of management sets goals and determine how to reach those goals?
100
Quantitative.
What is research that deals with how much or how many?
200
Infrastructure
What is the physical development of a country?
200
1. Which goods and services should be produced? 2. How should the goods and services be produced? 3. For whom should the goods and services be produced?
What are the three questions traditional economies answer?
200
Writing a business plan.
What is the first step to creating a business?
200
No.
A company decides to participate in price gouging. Is this ethical?
200
Product Research
What is research that is test product features or packaging?
300
Supply of a good or service will increase when the demand is great, and will fall when demand is low
What is the law of supply and demand?
300
Market economy
Free enterprise and capitalism are a part of what economy?
300
Line of credit.
What is a loan that allows the borrower to take advances, or withdrawals of cash, over a period of time.
300
One.
76% of all businesses are owned by how many people?
300
Level of Agreement
Which type of question is a statement?
400
Increase productivity Decrease unemployment Maintain stable prices
What are the three goals of an economy?
400
Socialist.
A country has decided to increase it's government involvement in the economy. It is now a ______ country.
400
No
Is 415 a good credit score?
400
Production and procurement, Management, Finance, and Marketing
What are the four main functions of business
400
First
Where does the demographic section go?
500
Demand: Quantity and price are inversely proportionate. Supply: Quantity and price are directly proportionate.
What is the difference between the law of demand and the law of supply?
500
Depression.
What is a period of prolonged recession?
500
Cars are not accepted as collateral
Which is not accepted as collateral? Cars or Houses?
500
To provide goods and services that we can't make, grow or do on our own.
What is the role of a business?
500
In-house department.
Do large companies perform research from an outside company or in-house research department?
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