Show:
The Industry
Your Business and You
Big Wigs
Product
Ka-Ching
100
To make a business smaller by eliminating staff positions.
What is downsize?
100
The work you provide for people is called this.
What are services?
100
Volkswagen v.s. Honda v.s. Ford
What is global competition?
100
The economic model of price determination.
What is supply and demand?
100
When you manage large amounts of money, it is called this.
What is finance?
200
An authorization granted by a government or company to an individual or group enabling them to carry out specified activities.
What is a franchise?
200
A privately owned and operated business with few employees
What is a small business?
200
A business that makes its facilities available to others for a fee, calls itself this.
What is a service firm?
200
A program under which employees regularly accumulate shares and may ultimately assume control of the company.
What is an employee stock ownership plan? (ESOP)
300
Underdeveloped and producing countries.
What is a third world nation?
300
A manager within a company who promotes innovative product development and marketing.
What is an intrapreneur?
300
The total value of goods produced and services provided in a country during one year
What is gross domestic product? (GDP)
300
The end result of the "assembly line".
What is mass production?
400
Goods produced or manufactures in the country with national or nationalized raw materials.
What are domestic goods?
400
A place in which you can give or receive goods or services.
What is a business?
400
A temporary decline in trade, thus making industrial activity reduced.
What is a recession?
400
Goods that are used in producing other goods, rather than being bought by consumers.
What are capital goods?
400
A general increase in prices and fall in the purchasing value of money.
What is inflation?
500
Goods or raw materials that come from abroad.
What are foreign goods?
500
The action of making or manufacturing from components or raw materials.
What is production?
500
An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.
What is a market economy?
500
Goods bought and used by consumers, rather than by manufacturers for producing other goods.
What are consumer goods?
500
The difference between the amount earned and the amount spent in buying, operating, or producing something.
What is profit?