PSE
What is the PSE colors
purple and white
An account that is presented on the balance sheet and represents the cost of stock in trade purchased
Inventory
People that a business want to sell to
Target Audience
The resources used to make all goods and services
Factors of Production
On what side of Scars face is his scar on?
Left
What is our philanthropy event?
Hospice (lighting of the trees)
what is not a component of stockholders equity
Accounts Payable
When a customer purchases products from one brand over another
Brand Loyalty
The incentive for manufactures to sell their products
Profit
Which Disney character sings the song "Poor Unfortunate Souls'?
Ursula
Demonstrate PSE Handshake
Jake is it right?
In accounting terms, profits are the difference between revenues and...
Expenses
What are the 5 P's of Marketing?
Product, place, price, promotion, people
A Shift in the Demand Curve means this changes at every price level
Quantity demanded
What animal swallowed a clock in Peter Pan?
A crocodile
Where did we attend the regional conference last semester?
Baton Rouge
in merchandising business gross profit is equal to sales revenue minus
costs of goods sold
In which of the 4 P's do you consider the life cycle?
Product
This is illustrated when a demand curve slopes downward to the right because consumers will buy more of a good at a lower price
Law of Demand
What is Lightning McQueen's racing number?
95
What is the PSE mission statement?
The mission of Pi Sigma Epsilon is to develop the sales and marketing skills of its members through experiential learning and professional opportunities.
This ratio is 60% if the sales revenue is $1,000 and cost of goods sold is $400.
Gross Profit Ratio
Companies that sell similar products are all part of a
Market Share
The most desirable alternative given up in any decision
Opportunity cost
What does Dumbo hold in his trunk to help him fly?