Not your Business
A person who owns and runs their own business.
Sole Proprietorship
The law of demand states that consumers typically tend to buy less when...
prices increase.
An analysis that helps businesses determine how successful they can be.
SWOT
Would you like to buy a drink with your hamburger?
Complimentary product.
This event makes at least $800 million every year just from advertisers.
Superbowl
A type of business that has a board of directors.
Corporation
Any place buyers and sellers exchange goods and services.
Market
What is the difference between Strengths and Opportunities?
Strengths - things you're already good at
Opportunities - the chance for your business to enhance itself.
The idea that human needs motivate behaviour.
Maslow's hierarchy of Needs
The moral principles, values, and standards that guide the conduct of individuals and organizations in the business world,.
Ethics
A business that employs over 500 people is considered what?
Large business
revenue-expenses =?
Profit
This analyzes the stages of a product from when it first enters the market all the way to its decline.
Product life Cycle
Preying on people by using their needs and wants against them.
Scam/scamming
This business was named after the Greek goddess of victory.
Nike
The kind of business Subway is.
Franchise
A good or service that business are willing to sell at a particular price.
Supply
Reaching this stage may mean it is time to reinvent, innovate and refresh your product/s.
Maturity
This part of Maslow's hierarchy focuses on wants.
Esteem, self-actualization
"Betcha' can't eat just one."
Lays chips
The definition for Loblaws, Sobeys, and banks because they control particular supplies of goods and services.
Oligopoly
Producers tend to produce MORE goods/services when prices rise.
Law of Supply
Smart watches, e-bikes, and smart home devices are in this stage of the product life cycle.
Growth
In Canada, this age group is the most valued consumer demographic for businesses.
a) 11-15
b) 16-21
c) 35-45
d) 55+
55+
This is Canada's richest and most valuable sports team according to Bloomberg research.
Toronto Raptors