Employability Skills
Concepts I
Concepts II
Economics
Any Category
100

Can be defined as “working with a diverse  group of people to reach a common goal.

What is teamwork?

100

Marketing is .....

What is the process of developing, promoting and distributing products?

100

Marketing a product that appeals to everyone.

What is mass marketing?

100

A free enterprise system encourage individuals to ____________.

What is own and operate their own businesses?

100

The most common form of business  ownership and the easiest to start.

What is a sole proprietorship?

200

Meeting new and different people to make connections in your field of study.

What is networking?

200

This should be considered when identifying a market

Who are all potential customers that may purchase a product or service?

200

In order to market a product  successfully every company should ______________________.

What is understand what people want and need to buy.

200

The organized way a nation  provides for the needs and wants of its people.

What is the economy?

200

When developing new toys, Mattel Inc. creates a room for observing  children playing with toy prototypes. Which form of marketing research is this?

What is primary research?

300

This should change depending on the job one applies for.

What is a resume?

300

All potential customers who share common needs and wants and who have the ability and willingness to buy a product. 

What is a target market?

300

Nike has control of 55% of the athletic sports apparel market. Their percentage of the market called ________.

What is market share?

300

The difference between wants and needs and available resources.

What is scarcity?

300

Total value of the goods and services produced by a nation over a specific period.

What is GDP (gross domestic product)?

400

After an interview, you should ____________.

What is send a thank you letter?

400

Businesses must satisfy the customer’s needs and wants with the right goods at the right time, at the right price, and at the right place.

What is the marketing mix?

400

The process of subdividing the market according to customer needs and characteristics.

What is market segmentation?

400

Branch of the government that has the greatest influence on business.

Who is the judicial branch?

400

A business owned by two or more people. 

What is a partnership?

500

Before the job interview, you should research __________. 

What is the company history?

500

Communicating with potential customers to inform, persuade, or remind them about a business’s product.

What is promotion?

500

Segmenting the market according to where people live.

What is demographics?

500

Factor of production that includes tools, equipment, buildings, and money.

What is capital?

500

A creditor’s analysis of the  ability of an individual or business to repay a loan.

What is credit worthiness?

M
e
n
u