* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Chapter 13 Review
Survey
Document related concepts
Marketing strategy wikipedia , lookup
Youth marketing wikipedia , lookup
Marketing plan wikipedia , lookup
Consumer behaviour wikipedia , lookup
Multi-level marketing wikipedia , lookup
Marketing mix modeling wikipedia , lookup
Multicultural marketing wikipedia , lookup
Integrated marketing communications wikipedia , lookup
Direct marketing wikipedia , lookup
Advertising campaign wikipedia , lookup
Street marketing wikipedia , lookup
Global marketing wikipedia , lookup
Green marketing wikipedia , lookup
Sensory branding wikipedia , lookup
Transcript
Chapter 13 Review Business 7 Term Definition You will have a section of term matching. You will need to match each definition with the correct term listed below. Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the study of how people produce, distribute and use goods and services? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the study of how people produce, distribute and use goods and services? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the amount of money a business has after it pays its expenses? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the amount of money a business has after it pays its expenses? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the delivering and selling goods and services? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the delivering and selling goods and services? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the process of letting consumers know about goods and services? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition What is the process of letting consumers know about goods and services? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition Someone who organizes and runs a business is an? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition Someone who organizes and runs a business is an? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The amount of a good or service available for sale is? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The amount of a good or service available for sale is? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The creating of goods or services is? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The creating of goods or services is? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition A country’s way of making choices about how to use its resources to produce and distribute goods and services is? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition A country’s way of making choices about how to use its resources to produce and distribute goods and services is? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition A person who buys and uses goods and/or services for their own personal use is a? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition A person who buys and uses goods and/or services for their own personal use is a? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The amount of a good or service people want to buy is called? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The amount of a good or service people want to buy is called? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition To look ahead and plan for future needs is to? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition To look ahead and plan for future needs is to? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The value of the next best alternative when making a buying decision is the? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Term Definition The value of the next best alternative when making a buying decision is the? Economic System Opportunity Cost Supply Economics Foresee Distributing Consumer Demand Producing Profit Entrepreneur Marketing Misc Questions If the supply of a product is higher than the demand, the price will __________. Misc Questions If the supply of a product is higher than the demand, the price will __________. Misc Questions The United States’ free enterprise economic system is also known as __________. Misc Questions The United States’ free enterprise economic system is also known as __________. Misc Questions A business __________ is the document that identifies the goods or services a business will offer, outlines the business’s goals, and gives a timetable for meeting those goals. Misc Questions A business __________ is the document that identifies the goods or services a business will offer, outlines the business’s goals, and gives a timetable for meeting those goals. Misc Questions Gina owns a bakery and is the head baker. Her customers know that her products are excellent, and her employees appreciate her respect for their opinions and needs. As an entrepreneur, which quality does Gina clearly exhibit? Misc Questions Gina owns a bakery and is the head baker. Her customers know that her products are excellent, and her employees appreciate her respect for their opinions and needs. As an entrepreneur, which quality does Gina clearly exhibit? Misc Questions In a free enterprise system, who sets minimum standards for workplace safety and product quality? Misc Questions In a free enterprise system, who sets minimum standards for workplace safety and product quality? Misc Questions The businesses that sell rugs – Rugs R Us and We’ve Got You Covered – open stores within 1 mile of one another. Because of the competition between the stores, what will probably happen to rug prices? Misc Questions The businesses that sell rugs – Rugs R Us and We’ve Got You Covered – open stores within 1 mile of one another. Because of the competition between the stores, what will probably happen to rug prices? Misc Questions If the demand for a product is higher than the supply, the price will __________. Misc Questions If the demand for a product is higher than the supply, the price will __________. Misc Questions According to the textbook, what is the main goal of a producer? Misc Questions According to the textbook, what is the main goal of a producer? Misc Questions What do nearly 66% (2 out of 3) of all new businesses face in their first four years? Misc Questions What do nearly 66% (2 out of 3) of all new businesses face in their first four years? Misc Questions What is the main purpose of a non-profit organization? Misc Questions What is the main purpose of a non-profit organization? Misc Questions What percentage of U.S. workers work for small businesses? Misc Questions What percentage of U.S. workers work for small businesses? Lists You will need to be able to list the following: Examples of a Good Examples of a Service Factors that Cause Prices to Go Up and Down 4 P’s of Marketing Advantages of Owning Your Own Business Disadvantages of Owning Your Own Business