A product that certain customers will actively seek to purchase because of unique characteristics.
What is a specialty product?
100
The customer group upon which a company focuses its marketing efforts toward is called the:
What is target market
100
An expense that does NOT change from month to month?
What is a fixed expense?
100
A common deduction on a person's check
What is Federal income tax?
100
What goes on the line "Pay to the order of"
What is the name of the person or business in which the check is being written?
200
Includes products used to make other products.
What is raw materials?
200
The marketing and selling of a product directly to consumers away from a fixed retail location.
What is direct selling?
200
An expense that DOES change from month to month.
What is a variable expense?
200
An informal cost associated with having a job. Example: uniform fees
What is a hidden cost?
200
The third number that appears at the bottom of the check on the right side AND in the upper right hand corner
What is a check number?
300
Uno's Pizzeria is a pizza place and Pure Magic is a luxury beauty salon that sells beauty products. What do Uno's Pizzeria and Pure Magic have in common?
Their products are a mix of goods and services.
300
Charging prices just below even dollars and cents
What is odd pricing?
300
The form you fill out when you first get hired at a job which tells your employer how much to deduct from your paycheck for Federal Income Tax
What is W-4?
300
The first phase of the career planning process
What is assess personal interests and abilities?
300
The first number written on the bottom of a check on the left side
What is a routing number?
400
Requires that the product be not only different from other similar products, but better.
What is product differentiation?
400
A document that lists goals and objectives, and a strategy to achieve those?
What is a marketing plan?
400
The form sent to you by your employer in January that details how much you made and how much was deducted from your paycheck.
What is W-2?
400
The feeling of remorse that a buyer experiences after a large purchase
What is cognitive dissonance
400
The second number on the bottom of the check that appears closer to the middle
What is an account number?
500
Pricing based on what people are willing to pay
What is demand-based pricing?
500
Dividing potential customers into groups of similar people
What is market segmentation?
500
Someone who can file "head of household"
What is a single person with at least one dependent?
500
The take home pay after taxes have been deducted.
What is net pay?
500
How would you write the amount $16.75 on the line below the "Pay to the order of"?