What is any commercial activity that seeks profit by providing good and services in exchange for money.
100
What is Budget Deficit
when the Governement spends more on programs than it collects in taxes
100
What is a Business Venture?
What is a New Business that involves risk.
100
What is a market?
What is a group of customers who have common wants and needs.
100
what is the main idea of a financial plan?
What is outlines the financial information of the new business
200
what are natural resources?
What is Raw materials from nature that are used to produce goods.
200
What is Gross domestic product (GDP)
The total value of goods and services produced in a country in a given year
200
What is a Franchise?
a contractual agreement to use the name and sell the products or services of a company in a designated geographic area
200
What are the 4 elements of the marketing mix.
What is Product, Place, Price, and Promotion
200
What is accounting?
What is the process of recording and reporting the financial position of a person or an organization.
300
What is marketing research?
What is the act of gathering and analyzing information about the wants, needs and preferences of consumers in a certain market.
300
What is the business cycle?
Prosperity
Recession
Depression
Recovery
300
What are the 3 main types of business organizations?
Sole Propeitorship
Partnerships
Corporations
300
Explain Advertising
What is getting people in general to know about your product and remember who you are
300
how do you get your total assets?
What is you add your liabilities to your owner's equity
400
What is an Entrepreneurship?
What is the process of recognizing a business opportunity, testing it in the market, and gathering the resources necessary to start and run a business.
400
What is the first step in the ethical decision making process.
What is identify the ethical dilemma
400
What are the Functions of business?
Production and Procurement
Marketing
Management
Finance and Accounting
400
the number of times an audience sees or hears is called?
What is a frequency
400
What is the internet? and give an example of what the internet holds
What is a global computer network.
World Wide Web
Web browser
search engine
intranet
extranet
hacker
cookies
virus
500
What are the 5 steps of the decsision-making process?
What is identify the situtation, identify possible courses of action, determine pros and cons, make the decision, evaluate the decision.
500
What is the 4 social responsibilities.
Responsibility to Customers
Responsibility to Employees
Responsibility to society
Responsibility to Creditors and Owners
500
Name 5 the 15 parts of business plan.
Any 5 is acceptable
Executive summary
Management Team plan
Company Description
Product and Service plan
Vision statement
Mission Statement
Industry Overview
Market Analysis
Competitive Analysis
Marketing plan
Operational Plan
Organizational Plan
Financial Plan
Growth Plan
Contingency Plan
500
when do pop ups appear?
What is when a person veiws a website
500
How can you protect your computer?
What is install a firewall to prevent hackers from getting to the information.