Marketing
Management
Operations
Accounting
Finance
100
A product that can replace another product; a product that you would buy WITH another product.
What are substitute products and complementary products?
100
These people are top management in the company.
What are C-level executives? (CEO, COO, CFO, CMO, CTO...)
100
The way materials and products move from producers to consumers.
What is a supply chain?
100
The place where an accountant records transactions.
What is the journal/ledger?
100
When a portfolio invests in many different industries and financial securities.
What is diversification?
200
Advertising is only one section of this department within marketing.
What is product promotion?
200
The governing and advisory body for a company.
What is the board of directors?
200
A residual product of a production process that can be separately sold.
What is a byproduct?
200
The two main financial reports that must be reported to external stakeholders, regulators, and stockholders.
What are the Balance Sheet and Income Statement?
200
The largest market of tradable securities in the US.
What is the bond market?
300
The department responsible for new products and innovations.
What is research and development (R&D)?
300
Top leaders work mainly on this, rather than implementation of day-to-day operations.
What is strategy/vision?
300
A tool to help a business owner create all aspects of operations of a company.
What is a business plan?
300
The main board that oversees Accounting processes.
What is the Financial Accounting Standards Board (FASB)?
300
The study of how people act with their money and make decisions.
What is behavioral finance?
400
The four P's of Marketing (the four main functions).
What is product, price, place, and promotion?
400
The policy where an employee or employer can terminate the employment relationship at any time (without notice).
What is at-will employment?
400
The department responsible for obtaining raw materials.
What is procurement?
400
What are the domestic and international accounting standards?
What are GAAP (generally accepted accounting principles-US) and IFRS (international financial reporting standards)?
400
The formula for Expected Return.
What is risk free rate + Beta (market risk premium)?
500
This sector of marketing does a lot of research and is based in statistics.
What is buyer behavior?
500
The function responsible for hiring, firing, and other employee relationships.
What is human resource management?
500
The way suppliers react to changing forecasts on the retail side.
What is the bullwhip effect?
500
The basic accounting principles that govern accounting laws.
What are consistency, comparability, matching principle, and going concern?
500
The current Chairman of the Federal Reserve.
Who is Ben Bernanke?