Our Business+others
Name the four different simulations or stores
Sports Store, Technology, Entertainment Venue and Grocery Store
the action of making or manufacturing from components or raw materials, or the process of being so manufactured
Production
Name of the simulation
Knowledge Matters
An action-based statement that declares the purpose of an organization and how they serve their customers
Mission Statement
Name of the videos we watched about companies doing well or bad
The Rise and Fall
Two different types of colas Grocery Store simulation
Primo Colo and regular cola
economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food
International Trading
Name of the rock radio station in Our Business
KLRK Rock
a function you serve at a company. It includes the daily tasks and projects you complete. Every employee has a (Insert here) that includes specific duties and responsibilities that help the company reach its goals.
Job Position
Breakfast place that decided to build their restaurants on highways and long stretches of roads.
Denny's
income, especially when of a company or organization and of a substantial nature
Revenue
process in which businesses, organizations, and countries begin operating on an international scale.
globalization
When your mom says that you can either go to play at John's house or clean your room. You choose to go to John's house. Opportunity cost or no opportunity cost?
Opportunity cost
A person you interviewed for your business
Bill Wisenhour, Cindy Newville and Elijah Jewels
A company that
Looking cool
a person whose job is to sell a product or service in a given territory, in a store, or by telephone
Salesperson
a word, phrase, or name formed by rearranging the letters of another
Anagram
when a business does not deliver on its commitment and does not meet customer expectations in terms of the product or services
Customer Complaints
the rate of increase in prices over a given period of time.
Inflation
a list of a company's employees and the amount of money they are to be paid
Payroll
money received, especially on a regular basis, for work or through investments.
Income
Name 3 advertisements we used for Our Business
Radio, Billboard and Email
A specific group of consumers at which a company aims its products and services is called a target market. Your target customers are those who are most likely to buy from you.
Target Market