Business Activities
Business Ownership
Business Ownership
Effective Marketing
Misc.
100
Businesses that create products used by individuals and other businesses.
What are producers?
100
Jewelry Store
What is a sole proprietorship?
100
YMCA, American Red Cross
What are nonprofit corporations?
100
The process of informing the general public about goods and services that are available for sale at a convenient location or online.
What is marketing?
100
A kind of corporation that is worldwide, but relatively new in the United States.
What is a limited liability corporation?
200
Businesses that offer something intangible.
What are service businesses?
200
Smith, Barney, and Jones Accounting Firm
What is a partnership?
200
Another type of business, gets its name from a section of the IRS code. Many small businesses favor this type of corporation.
What is a S Corporation?
200
Product, distribution, price, and promotion.
What is the marketing mix?
200
McDonald's, KFC, Subway
What are franchises?
300
Research and Development would be an example of what business activity?
What is generating ideas?
300
Ford Motors, Kraft Foods
What is a corporation?
300
Plan, Organize, Staff, Lead, and Control
What are management responsibilities?
300
A group of individuals or businesses that has similar product needs.
What is a target market?
300
Share the profit with another person. Have unlimited liability. Hard to breakup
What are partnerships?
400
Human resources in a business would fall under what category of business activity?
What is employ and train personnel?
400
A written contract granting permission to a businessperson to sell someone else's product or service.
What is a franchise?
400
Least amount of capital
What are sole proprietorships?
400
Direct and Indirect
What are channels of distribution?
400
An agreement between two or more companies to share a business project.
What is a joint venture?
500
Designing a commercial for your product would be an example of what business activity?
What are market goods and services?
500
Officers of the company who have the responsibility for directing the business of the company.
What is the board of directors?
500
Partners who are not active in the business, but still usually contribute financially.
What are silent partners?
500
Consider the needs of customers when developing products and services.
What is a marketing orientation?
500
It is important that employees are directed in their work so that they perform their tasks correctly and in a timely manner.
What is leading?