Business Mgmt./Admin.
The last employee to leave the building for the day should set the security alarm and lock the ______________.
Door(s)
The second stage of a product's life cycle is the _____________ stage.
Growth
The yen, peso, and euro are types of ____________.
a. stock
b. dollars
c. bonds
d. currency
d. currency
Nodding your head is an example of ____________ communication.
Non-verbal
What is entrepreneurship?
A field where a person provides the necessary skills, time, and money to start a new business venture.
When Frank borrows money from the bank to buy a car, he is taking out a(n) _______.
Loan
Businesses must keep in mind that word-of-mouth promotion can be
a. negative
b. forgotten about
c. stolen
d. avoided
a. negative
Who is responsible for paying a loan when the borrower cannot make his/her loan payments?
The co-signer
When should sensitive questions be asked during an interview?
a. beginning
b. middle
c. end
d. never
c. end
A business owned by 2+ individuals.
Partnership
When a business hires new employees, it introduces them to the company through a process called ___________.
Orientation
The 4 P's of the Marketing Mix
Product, price, placement, and promotion
The difference between net sales and total cost of goods sold.
Gross profit
Staff communication from supervisors to employees moves in which direction?
Downward; vertical
A small-business owner might register for trademark protection for the company's _________________.
Logo
A style of leadership where managers leave employees to make their own decisions.
Laissez-faire
A five-letter word that refers to civil wrongdoings that cause harm or injury to another party (plural).
Torts
Stocks in which of the following industry sectors are least likely to be affected by changes in the business cycle:
a. technology
b. healthcare
c. energy
d. capital goods
b. healthcare
OSHA stands for... (hint: this relates to workplace safety!)
Occupational Safety and Health Administration
Which of the following is a global trend that might encourage an entrepreneur to consider international business opportunities:
a. lower tariffs
b. the Olympics
c. international conflict
d. fluctuating currency rates
a. lower tariffs