When beginning a presentation, utilizing this will grab the audience's attention.
What is a hook?
This type of economy focuses on the consumer and is not ran by the government.
The way a nation makes choices in regards to its resources is referred to as this.
What is the economy?
This tangible product is a physical item that can be purchased with monetary value.
What is a good?
Engaging and reflecting on learning, as well as demonstrating academic integrity, is part of which portion of the professionalism rubric?
What is the personal responsibility portion of the rubric?
The type of economy is determined by the following three elements: what to make, who to make it for, and this.
What is how to make it?
A group of individuals or business that are capable and willing to buy a product are referred to as this.
What is a market?
This basic economic problem occurs when there is an unlimited want or need for a product but a limited supply exists.
What is scarcity?
An organization where products are exchanged is known as a ...
What is a business?
When presenting, it is important to face the audience and make what?
What is eye contact?
The functions of marketing add value to a product. This added value is called what?
What is utility?
The basic elements of marketing, or the 4 P's, include price, place, production, and this element.
When looking at the strength of an economy, looking at GDP, GNP, and this 'norm' for people are all indicators of economic prosperity.
What is standard of living?
In terms of business ownership, when more than one individual runs the business, this is called what?
What is a partnership?
What is the purpose of the professionalism rubric?
What is to prepare students to enter the professional business world following the completion of their education?
This market condition occurs when a large number of businesses are offering a very similar product.
What is pure competition?
To succeed in business, marketers follow the marketing concept. The main focus of this concept is to focus on this group of individuals.
What is the consumers?
In regards to the economic cycle, an economic decline lasting less than 6 months is called this.
What is a recession?
In a non-profit business, as opposed to most businesses which prioritize profit, the main purpose is to what?
When following the rule of 7x7, this means the creator of the presentation will not what?
What is put more than 7 lines or 7 words per line on a slide?
This type of utility deals with having a product available at a certain or convenient time.
What is time utility?
This era which is identified as the golden age of marketing, focused on new marketing activities and allowed businesses to offer customers credit.
What is the 1950's-1960's?
In regards to supply and demand, when the supply curve intersects the demand curve, this is referred to as the market price or this term.
Which of the 5 functions of business deals with developing, implementing, and evaluating plans and activities of a business?
What is management and administration?