Business Fundamentals and management
Supply and Demand and marketing
Ethics and CSR and accounting
Entrepreneurship and human resources
100

What are three things you must include in an email?


What is Include a subject line, Use bullet points / numbered points where possible, Emphasize a call to action, Keep it short (if possible), Don’t mix up content, Be collegial, Watch your tone, Always proofread your emails, Never send an email when angry or frustrated, Be professional.

100

What does an Equilibrium line represent?


What is It is when the supply and demand meet in the graph.

100

What does CSR stand for?


What is Corporate social responsibility.

100

What are three key entrepreneurial characteristics?


What is Risk, Taker, Perceptive, Curious, Imaginative, Persistent, Hard Working, Confident, Flexible, Independent.

200

What is Maslow's Hierarchy of needs, and list it in the correct order?



What is Physiological Needs, Safety and Security, Love and Belongingness, Self Esteem, Self Actualization.

200

If there was an increase in population how would it affect the supply and demand of products?


What is, There would be an increase in demand and decrease in supply.

200

How do we measure success in a business?


What is Profit, customer satisfaction, Employee Satisfaction, and Corporate social responsibility.

200

What is the difference between inventions and innovations?


What is Inventions are NEW devices, methods, or processes developed from study and experimentation, Innovations are products or services that use new technology, items or processes to CHANGE EXISTING products/services.

300

What are the three leadership styles that we have learned about, and briefly explain one?


What is Autocratic, Democratic, Laissez-faire. Takes control of the situation, Input and creativity are valued, Leave employees alone to do the job.

300

What are the 4P’s and 2C’s?


What is Product, Price, Place, Promotion. Competition, Consumer.

300

Which one of these terms is NOT a term used in accounting? A)Liability    b) Equity    c) Revenue d)Reducing


What is d)Reducing.

300

What are the four types of labour?



What is Unskilled, Semiskilled, Skilled, and professional Labour.

400

What are the four functions of management?


What is Planning, Organizing, Leading, and controlling.

400

What are the 7 types of advertisements?


What is Direct-to-home. Out-of-home. Radio. Television - commercials. Newspapers. Magazines. Internet.

400

Accounting is …

a) The process of recording, analyzing, interpreting the economic activities of a business

b) The process of finding profit

c) The process of finding total number of assets and liabilities

d) Writing Income and Balance Sheets


What is a) The process of recording, analyzing, interpreting the economic activities of a business

400

What are six of the eight responsibilities for HR?


What is Staffing, Training and development, Compensation, Assess Employee performance, Policies and procedures, Health and safety, Labour relations, and departures.

500

Name Two out of the four CSR programs?


What is response to charitable organizations, response to social issues, environmental awareness, quality of work life for employees.

500

In what accounting paper is Owners Equity and is it good or bad?


What is Owners equity is in a Balance sheet and is good, it shows a growing company.

500

A financial statement used in business and prepared by accountants to show the financial position of that business on a particular date.


What is True

500

What does Laissez-Faire Mean?


What is Let It Be.