Marketing
This is a short, catchy phrase used in advertising.
What is a slogan?
The difference between revenue and expenses is called this.
What is profit?
A person who starts and runs their own business.
What is an entrepreneur?
The moral principles that guide a business’s behavior.
What is ethics?
The four functions of management are planning, organizing, leading, and this.
What is controlling?
The four P’s of marketing are product, price, place, and this.
What is promotion?
A financial plan that estimates income and expenses.
What is a budget?
This famous entrepreneur founded Amazon.
Who is Jeff Bezos?
The practice of businesses being socially responsible and giving back to the community.
What is corporate social responsibility?
A manager’s ability to influence and guide employees.
What is leadership?
This type of marketing relies on customers promoting a product through word of mouth.
What is viral marketing?
This document summarizes a company’s assets, liabilities, and equity.
What is a balance sheet?
A business owned by one person is called this.
What is a sole proprietorship?
The act of reporting illegal or unethical behavior within a company.
What is whistleblowing?
The process of setting goals and deciding how to achieve them.
What is strategic planning?
A recognizable symbol or design that represents a brand.
What is a logo?
The total value of all goods and services produced by a country in a year.
What is GDP?
A detailed plan that outlines a company’s goals and how it will achieve them.
What is a business plan?
A situation where a person’s personal interest conflicts with their job duties.
What is a conflict of interest?
A type of leader who makes decisions based on group input.
What is a democratic leader?
The process of dividing a market into smaller groups based on characteristics.
What is market segmentation?
A type of investment where individuals own a portion of a company.
What are stocks?
The process of developing a new product and bringing it to market.
What is product development?
A business strategy that considers environmental sustainability.
What is green business?
The concept of assigning tasks to employees to increase efficiency.
What is delegation?