Utility
Transporting products to the locations where consumers can buy them.
What is place utility
Business owned by two or more people
What is a partnership?
Specific group of consumers who have similar wants/needs
Analyzing information, settings goals, and making decisions about what needs to be done
What is planning?
How many offspring does Mr. Sands have?
What is 3?
Product must be processed into a form that the customer wants/needs
What is form utility?
Business owned by one person, easiest type of business to start
What is a sole proprietorship?
Statistical data relating to the population and particular groups within it
What is demographics?
Identifying/arranging the work/resources needed to achieve goals
What is organizing?
In what sports has Mr. Sands been part of coaching a regional championship?
What are baseball, girls basketball, and tennis.
Establishes legal ownership of a product
What is possession utility?
Separate legal entity owned by shareholders and managed by a board of directors
What is a corporation?
Assistance and advise provided by a company to those people who buy/use its products
What is customer service?
Activities involved in obtaining, preparing, and compensating employees
What is staffing?
What number is Mr. Sands thinking of right now?
What is 24?
Being in the right place at the right time when a customer is ready to purchase a product
The right to sell another business's products/services
What is a franchise?
Action of a business promoting and selling products/services
What is marketing?
Determines to what extent the business is accomplishing its goals
What is controlling?
Name one thing Mr. Sands did at his real world job before he was a teacher.
What is accounts payable, accounts receivable, payroll, and web design?
You're escaping a labyrinth, and there are three exits. Exit A leads to an inferno. Exit B leads to an assassin. Exit C leads to a lion that hasn't eaten in 3 years. Which exit do you pick?
What is exit C...the lion is dead.
They fill me up, and you empty me almost every day; if you raise my arm, I work the opposite way. What am I?
What is a mailbox?
He has married many women but has never been married. Who is he?
Who is a preacher?
What runs all around a backyard yet never moves?
What is a fence?
In what month does Mr. Sands get the least amount of sleep?
What is February?