Accounting
Product Life Cycle
Marketing 1
Marketing 2
Random
100
What are the 3 pieces of information that are required on the heading of a financial statement?
Company Name, Statement Type, Date
100
high sales volumes are a sign that you are in this stage of the product life cycle.
the growth stage
100
What is the symbol associated with a product?
logo
100
What is a short, catchy phrase attached to a company's name/product?
slogan
100
This is an amount owed to you on the balance sheet.
Account Receivable
200
This must go at the bottom of all financial statements
double underline
200
A product with high market share and steady profits is known as this type of animal.
cash cow
200
This is a word of group of words that a business uses to distinguish its products from competitors.
Brand name
200
A logo that uses the company's initials
Monogram
200
The money that a business generates.
Revenue
300
What is solvency?
This is the ability to pay your debts/financial obligations.
300
These types of customers may buy a product during the introduction stage of the product life cycle.
early adopters.
300
This type of logo is a drawing of people, animals or things.
visual logo/symbol
300
This logo is a shape that carries a visual message but is not representative of an actual thing.
Abstract symbol/logo
300
This happens when something of value is exchanged for something else of value.
transaction
400
When an asset loses value over time, it is called this.
Depreciation
400
This stage of the PLC may happen when a product becomes obsolete.
decline/decision point
400
What are the 4 p's?
Price, Product, Promotion, Place
400
What are the 2 C's of marketing?
Competitive Market, Consumer Market
400
Who are the 4 users of financial statements?
investors, owners, creditors, government
500
What are the 2 forms of the fundamental equation?
A-L=OE OR A=L+OE
500
A product that is popular for a very short amount of time.
A fad.
500
What are the 2 types of marketing research?
Primary data & Secondary data
500
What are 3 of the 7 types of marketing research?
consumer market motivation pricing competitive product advertising
500
This government organization deals with all Canadian tax issues.
The Canada Revenue Agency