Management and Administration
Amount of Merchandise on hand at any given time.
A. Supplies
B. Inventory
C. Items
D. Products
What is Inventory
A person that puts money into a project or small business.
A. Entrepreneur
B. Shark
C. Investor
D. Owner
What is an Investor?
Refers to rising prices and is an indicator of the stability of an economy.
A. Surplus
B. Inflation
C. Price Riser
D. Bloating
What is Inflation?
An important factor in effective verbal communication is.
A. Eye Contact
B. Physical Touch
C. Speak Clearly
D. Have a Pleasant Voice
What is having a pleasant voice?
The process of gathering information, conducting analysis and presenting findings for a product or service to make marketing decisions.
A. Brainstorming
B. Experiment
C. Finding Facts
D. Market Research
What is Market Research?
Process of improving capabilities of staff through education and training?
A. Professional Development
B. Employment Class
C. Learning Conference
D. Business Promotion
What is Professional Development
Authorization or license granted to an inventor that prevents others from making, using, or selling their invention.
A. Patent
B. Trademark
C. Copyright
D. Watermark
What is a Patent?
A system that monitors an individual, business or other organizations financial standing. This includes recording and verifying financial information.
A. Cost Count
B. Accounting
C. Financing
D. Recorded Business Expenses
What is Accounting?
Consists of software or technology that allows one to develop, distribute and manage media.
A. Social Platforms
B. Word of Mouth Advertising
C. Pop Up and Banner Ads
D. Internet Websites
What are Social Platforms?
All marketing activities other than advertising, public relations, and personal selling that are directed at a customer to increase sales.
A. Advertisment
B. Sales Promotion
C. Increase Foot Traffic
D. Marketing Plan
What is a Sales Promotion?
The process of two or more seeking to find common ground and reach a agreement.
A. Arguing
B. Negotiation
C. Questioning
D. Talks
What is Negotiation?
A newly established business is called?
A. Enterprise
B. Partnership
C. Venture
D. Start-Up
What is a Start-Up?
The value, in terms of money, placed on a good or service.
A. Price
B. Account
C. Sale
D. Cost
What is the Price?
Promotional activities that are designed to create a good image with the public.
A. Public Relations
B. Postive Vibes
C. Multi Views
D. Image Creation
What are Public Relations?
A form of paid, non-personal promotion in which a company promotes an idea, good or service through a variety of media.
A. Advertising
B. Direct Marketing
C. Social Media Marketing
D. Sales Promotion
What is Advertising?
The order in which authority and power in an organization is delegated.
A. Dictator
B. Government
C. Chain of Command
D. Order of Operations
What is the Chain of Command?
A business owned and operated by one person.
A. Sole Proprietorship
B. Partnership
C. Corporation
D. Franchise
What is a Sole Proprietorship?
The money, credit, and other financial resources a person or business has, such as cash, property, stocks, and bonds. In business, is used to pay expenses, invest in new projects, and create and maintain goods and services.
A. Assets
B. Supplies
C. Reserves
D. Capital
What is Capital?
The way a business interacts with its customers in order to obtain new customers while maintaining the current customer base.
A. Customer Relations
B. Customer Follow-Up
C. Consumer Marketing
D. Target Markets
What is Customer Relations?
Identifies a target market and coordinated marketing mix selections to create sales.
A. Fixed Marketing
B. Marketing Strategies
C. Targeting
D. People Picking
What are Marketing Strategies?
The basic concepts and fundamentals principles of how decent people conduct business.
What are Ethics?
A symbol, words, or a phrase officially registered for a company?
What is a Trademark?
Evaluating an organization’s financial statements to determine the profitability of the organization, a division within the organization or a specific event or project
What is a Financial Analysis?
Alfreds business always puts the customer first. All of the company's decisions are made to satisfy customer wants and needs. The company is using the ____________ concept.
What is the Marketing Concept?
A formal document that specifies a company's activities for a determined amount of time
What is a Marketing Plan?