Show:
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapters 5 &
6
100
When the government owns the businesses and controls the economy
What is a Command Economy?
100
The easiest form of business to start and end
What is a Sole Proprietorship?
100
The person with the responsibility of developing and making the major decisions for a business plan
Who is the business owner?
100
The limit on the quantity of a product that can be imported or exported.
What is a Quota?
100
A rating given to food that indicates the quality or size of the product
What is a Grade?
200
Tools, equipment, supplies, and buildings that are used to supply goods and services
What are Capital Resources?
200
The process of determining what work has to be done and who is to do it.
What is Organizing?
200
The max number of employees that a small business can have
What is 500?
200
The creative work of authors, composers, and artists is protected by this.
What is a Copyright?
200
This type of sale most often occurs when a new store is opening
What is a Promotional Sale?
300
The most important step in the economic decision-making process is this
What is to Define the Problem?
300
The process of informing the general public about goods and services that are available for sale
What is Marketing?
300
Includes compensation in forms other than direct payment to the employee
What are Benefits?
300
The US export that is very popular in other countries. Most popular US export.
What is Farm Machinery?
300
Consumer information about nutrition, food quality and meal planning is published here.
What is the United States Department of Agriculture? (USDA)
400
The type of business that sells the products of a manufacturer to a retailer
What is a Wholesaler?
400
A form of business that has the advantage of the elimination of double taxation
What is an S Corporation?
400
A type of budget that is an estimate of the money a business expects to receive and pay out over specific amount of time
What is a Cash Budget?
400
The first step in creating and effectively using a budget.
What is to determine the type of revenue and expenses to be included in the budget?
400
The federal agency that regulates and supervises the safety of pharmaceuticals, medical devices and cosmetics.
What is the Food and Drug Administration? (FDA)
500
In the economy, the role where you are a part of the process that supplies goods and services
What is your Worker Role?
500
The marketing function that sets and communicates the value of products and services
What is Pricing?
500
The financial statement that shows revenues, expenses and net income or loss for a period of time.
What is an Income Statement?
500
A set of rules for guiding the actions of employees or members of an organization
What is a Code of Ethics?
500
An act (law) that requires lenders to tell you the cost of credit before you sign a credit agreement.
What is the Truth in Lending Act?