Finance
Character, Capital and Capacity
What are the three C's of credit?
Things a person owns that have monetary value
What are assets?
The creation of products with new or improved designs
What is product development?
This is an online or paper form of market research
What is a survey?
The category on the hierarchy that allows for basic survival
What is Physical needs
What you OWN minus what you OWE
What is net worth?
When something is bought and you pay for it later
Designing a prototype which is a sample of what the product might look like
What is concept development?
This is the first thing you should see on an online store
What is a logo?
The category after physical on the hierarchy
What is safety?
The five major banks of Canada
What is TD, RBC, BMO, CIBC and Scotiabank?
The gain of cash through the sale of services and goods
What is profits?
Analyzing all costs to develop the product and making sure the product will be profitable
What is a feasibility study?
Price, Promotion, Product, Place, Consumers and Competition
What is the Marketing Mix?
Makeup is an example of ____ on the hierarchy
What is Belonging?
The two main types of bank accounts
What are chequing and savings accounts?
The equation to determine a person's net worth
What is assets minus liabilities?
A new thing never seen/made before
What is an invention?
This is usually something that will catch the viewers attention
What is a slogan?
An example of self fulfillment
The Canadian corporation that insures your deposits
What is the CDIC?
When a business buys supplies with cash, their cash ____ but their number of supplies ____
What is decrease and increase?
The beneficial addition to an existing product
What is an innovation?
Product identification, product protection, convenience, and product promotion
What are the functions of packaging?
The name of each category on the hierarchy in order
What is Physical, Safety, Belonging, Esteem, Self-Fulfillment