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Vocabulary #1
Vocabulary #2
Business or Marketing??
Stocks, Business, Marketing
Surprise ??
100
A person that buys something.
What is a Buyer
100
A person that sells something.
What is seller
100
This piece of paper that you use for a job application that will tell the employer all your qualifications and what you have done in the past.
What is Resume
100
Product, Place, Promotion and Price are:
What are the 4 P's of marketing
100

What are two competing businesses?

McDonald's and Burger King, Pepsi and Coca-Cola, Walmart and Target, Etc.


200
Buying the same brand over and over again.
What is a Buying habit
200
An incentive that is above and beyond your normal pay.
What is a Bonus
200

What is market research?

Helps to answer questions about who and what to sell.

200
This guides a business along a path to reach its goals.
What is a business plan
200

What is monopolistic competition?

Businesses find their own niche.

300
The way society views a company
What is Corporate image
300
This job function is responsible for a businesses payroll records, sales records, profit records, inventory and all other records and paperwork.
What is bookkeeping
300

What is the definition of a consumer good and of a capital good?

Consumer- For your own use. Capital- For business use.

300
These are an item that you can hand to someone that will have your information and business on them.
What is a business card
300
The most valuable BRAND in the world.
What is Apple
400
A company does this to sell more products.
What is Advertise
400

What is the definition of supply and demand?

An economic model of price determination in a market.


400


What are the two parts of the marketing concept?



Satisfying wants and needs of the customer and making a profit.

400
Most companies create and have this item that will immediately identify your company when someone sees it.
What is a logo
400

What is warehousing?

Storage of goods for future sale to customers


500
This person takes care of a businesses financial documents.
What is an Accountant.
500
The four basic marketing strategies, known as the four P's.
What is Marketing Mix
500
The three main types of business structures.
What is a sole proprietorship, a partnership and a corporation.
500
This interpersonal skill allows you to get your work completed in a designated period of time.
What is time management
500

What is the direct competition?

Two similar businesses competing