What is recession, trough, expansion and peak apart of?
What is Business Cycle
100
What are the 3 C's of credit?
What is character, capacity and capital
100
What specific market segment is tractor found under?
What is Geographic location
100
Accounts Payable are just inventory and supplies bought on credit? (T/F)
What is False
100
Protecting ideas would be a challenge of ___?
What is inventors
200
What is the first tier of Maslow's Hierarchy of Needs?
What is Physiological
200
Car insurance is an example is an example of a fixed expense (T/F)
What is true
200
"Marketing" is the term used to describe all the activities involved in getting goods and services from the businesses who produce them to the consumers who purchase them. (T/F)
What is True
200
Liabilities are debts or amounts owed to the owner. (T/F)
What is False
200
Scotch tape is an example of ___?
What is innovation
300
Increase in price results in an increase in ___?
What is Amount Supplied
300
Saving for retirement is an example of ___?
What is long-term goal
300
Age, gender and income are all apart of ___?
What is Market segmentation
300
Which financial statement shows the financial position of a business on a single specific date?
What is balance sheet
300
What are the 3 main skills an entrepreneur require?
What is relationship, research and management
400
What is the relation between golf clubs and golf balls?
What is Compliments
400
What does capital refer to?
What is refers to the applicants financial worth
400
Most new technology in the electronics market follow the __ pricing strategy?
What is Market skimming
400
Land would be considered under the category ___?
What is Fixed Asset
400
The chance of possible loss of money is ___?
What is Risk
500
What are the 3 attributes of love and belonging in Maslow's Hierarchy of Needs?
What is friendship, family and intimacy
500
Demand for and price of stocks is considered ___?
What is Bull Market
500
What colour is used to represent royalty?
What is purple
500
What is the equation for gross profit?
What is Revenue - Cost of Goods Sold = Gross Profit
500
What is an entrepreneur?
What is a person who takes risks and starts a venture to solve a problem or to take advantage of an opportunity.