Show:
Economics
Marketing
Accounting
Ethics & Law
Entrepreneurship, Hospitality, & Tourism
100

This type of person provides a service without receiving anything in return. 

What is a "volunteer"?

100

Product, place, price, and promotion are known as the 4 P's, but they also go by another name. 

What is "the marketing mix"?

100

The accounting equation (consists of 3 terms) 

What is "assets = liabilities + owner's equity"?

100

Assault and battery are examples of this type of tort. 

What is "intentional tort"?
100

A person who takes risks in creating, organizing, and owning a business. 

Who is an "entrepreneur"?

200

The point where supply and demand meet. 

What is "the equilibrium point"?
200

At least 4 is the number of demographics needed to form this vocab term.  

What is "target market"?

200

A statement that includes revenue and expenses. 

What is "income statement"?

200

Texting and driving is an example of this type of tort. 

What is "negligence tort"?

200
A company is this vocab term when they act ethically and morally to benefit society as a whole. 

What is "being socially responsible/social responsibility"?

300

The "boom" is the first step in this vocab term. 

What is "the business cycle"? 

300

Facts about a population or group. 

What is a "demographic"?

300

These are examples of 1 component of the accounting equation: 

accounts payable, loans payable, wages payable.

What is "liabilities"?

300

The type of tort where no evidence is needed. 

What is "strict liability"?

300

Travel, lodging, food service, & recreation are the 4 main parts of this vocab term. 

What is "hospitality"?

400

There are 4 steps in the business cycle. Name them in the correct order. 

What is "boom, recession, depression, and recovery"?

400

Surveys are an example of this step of product development. 

What is "market research"?

400

These are examples of 1 component of the accounting equation: 

stock, retained earnings. 

What is "owner's equity"?

400

Knowing the difference between right & wrong. 

What are "morals"?

400

TRUE OR FALSE: 

An entrepreneur is hardworking and driven. 

What is "true"?
500

GDP stands for...

What is "gross domestic product"?

500
The process of creating, promoting, and presenting a product or service. 

What is "marketing"?

500

These are examples of 1 component in the accounting equation: 

buildings, inventory, cash, land, machinery. 

What is "assets"?

500

These are the 4 groups of stakeholders a company is obligated towards. 

What are "employees, customers, suppliers & distributors, and communities"?
500

TRUE OR FALSE: 

A mission statement is kept within a company. 

What is "false"?