Show:
Economics
Forms of Business Ownership
Business Ethics
Marketing
Accounting
100

What does GDP measure?

The wealth of a country or region

100

Form of business ownership with one single owner.

Sole Proprietorship

100
Lying or misrepresenting information about something is considered this crime.

Fraud

100

The 4 Ps

Product, Place, Promotion, and Price

100

A debt a business has is called this

Liabilities

200
What is the formula for GDP per capita?

GDP/Population

200
Credit unions are this form of business ownership

Cooperative

200

Using private information about a public corporation to make trades on the stock exchange is considered this crime.

Insider trading

200
Social media falls under this "P"

Promotion

200

The accounting equation

A= L + OE

300

If the supply of a product increase what happens to the price

Decreases

300

The Parent of a franchise is called this.

Franchiser

300

A certification where products are produced where farmers are well-paid have good working conditions, and benefits

Fair trade

300

The market segment that focuses on age, ethnicity, and gender

Demographic

300

If a business has $4000 of liabilities and $1500 of Owner's Equity, what are the value of the assets?

$5500

400

The economic system that values privatization

Capitalism

400

McDonald's is these two forms of business ownership

Corporation and franchise

400
A special accountant who looks over the financial statements of businesses to ensure that information is accurate

Auditor

400

The Market Segment that focuses on interests, hobbies, and lifestyle

Psychographic
400

The gradual decrease in the value of an asset

Depreciation

500

Another term used for "Socialism"

Mixed

500

How do you know if a business is a public corporation?

It trades on the stock exchange.

500

Companies that choose to follow ethical practices will have one of these

Code of Ethics 
500

A particular group of consumers at which a product or service is aimed.

Target Market

500

If a business has more expenses that revenue they will experience a 

Net Loss