Sales
Which step in the sales process is also referred to as the customer service step?
Nurturing
What are the S&P 500 & Dow Jones Industrial Average examples of?
Index Funds
Expenses that change month-to-month (i.e. utilities, gasoline, groceries)
What does it mean for a social media post from a business to be "organic"?
To seem natural, funny, casual, and not sales-oriented
This document is a personal "essay" for you to introduce yourself using your own voice to an employer prior to them reviewing your application.
Cover letter
Which-close
Why do people such as Warren Buffet advise you put your money in the market and leave it there long-term?
Historically, the market is always growing
What is the golden budgeting rule referred to as?
50/30/20 Rule
Name ONE of the 3 goals of advertising
Inform, persuade, & remind
In a resume, you should be speaking in _____ person.
Third
What's wrong with this objection-handling method?
Customer: I'm not sure if this product is going to be a good fit for me-- it seems a bit pricey.
Seller: Well it's pricey because it's of the highest-quality in its class.
What does it mean to "diversify your portfolio"?
Be invested in stocks across multiple sectors
How much of your income should you devote to your "needs"?
50%
Which part of the promotional mix includes maintaining a positive reputation in the public eye?
Public Relations
Which of the following depicts the most appropriate way to write a job description for a restaurant job on a resume?
A. I serve tables and ensure customers are satisfied at all times
B. We provide exemplary service on a daily basis to ensure returning customers and guarantee satisfaction
C. Takes and serves orders for guests while working in collaboration with the kitchen staff to ensure a cohesive process during rush periods
D. My main duties include serving orders on time, greeting guests, and organizing the dining area
C
Handle this objection using the boomerang method:
That winter jacket seems too light
Anything taking the objection of the jacket being too light and putting a positive spin on it
What does the Price to Earnings ratio tell you?
How much investors spend per $1 earned on the stock
Give an example of a NEED that can be categorized as a fixed expense
Rent, car payment/transportation, daycare, etc.
Which part of the promotional mix includes generating "buzz" about your company/product?
HINT: Logan Paul/KSI generated this with their Prime drink
Publicity
What's the difference between a job and a career?
Job is short-term, career is long-term
What does SaaS stand for?
Software as a Service
Why might someone choose to invest in a bond over a stock?
More security in bonds since you're guaranteed to get your money back plus interest
What type of income is the same as "take-home pay"?
Net income