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Business
30 terms
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StudBud Administration
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182 plays
intro to business
Flashcards
30 cards
F
Practice quiz
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Host live
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Questions
30
Answers
1
Whats another term for " Quick Recover"
Money Recover
Fast Recover
Helicopter View
High View
2
Whats "Overhead"
Profit
Stocks
The amount of money it takes to run the business
Advertisement
3
What are " Quick Wins "
The easiest thing to achieve
Fast wins
Easy wins
4
What is a opportunity cost of forgone alternatives
Investment
Employment
Opportunity Cost
Cost of terms
5
Who made the concept of "Supply and Demand"
The Rockafellers
Mark Cuban
Allfred Marshall
6
What is a type of business
Trust
Corporation
LLC
Partnership
7
What is downsizing
Adding more employees
Moving to another location
None of the above
A reduction in employment and business size
8
Whats the difference between Business to Business and Business to Consumer
One sells to other business's
Both wrong
One sells to customers
9
What would you call someone who has skill in a certain field
Best Practice
Annual Leave
Skill Set
Setting
10
Whats a " CEO "
The owner of the business or president
A structure of business
Someone who runs the floor
No such thing
11
What would be considered a "Small Business"
Not very popular
Must have annual business receipts of 1,000$
Have a small building
A business with less than 500 employees
12
Whats the "Basic Sales Call"
Directing your products to the people make your meaning clea
Taking phone calls
No such thing
13
Whats another term of " Pricing "
There is no other term
Touch Base
Drill Down
Price Point
14
Whats a "corporation "
A company that acts as a single entity legally
A LLC
A person who runs the business
15
Define "business"
A store
A person regular occupation or trade
16
Whats " Debt "
You owe money to a person or business
A person who handles money
A private bank
None of the above
17
What is the law of supply and demand
Its the best way to locate the supplies
There is no such thing
The law determine prices and communicate to business's
18
What is a category of business
Industry
Profit
Contract
19
In the US how long does it to start a business
10 days
7 days
2 days
5 days
20
What is "finance"
Money
The management of money and other assets
A category of business
21
Whats a "buy in"
A term in Poker
Gaining acceptance of something
Buying into something
None of the above
22
What is an asset
Your networth
Anything of value that is owned
The making of something
Your profit
23
Whats the average revenue for a small business
44,000$
40,000$
50,000$
30,000$
24
Whats a "Deadline"
When a employee is suppose to be payed
The point and time when something must be completed
A type of business
A meeting
25
What is a " LLC "
A specail contract
None of the above
A type of business agreement
A private limited company
26
Whats a "net worth"
A net
How much you are worth
How much your business is worth
27
What does the term "start up" mean
When your computer starts
A start of a new business
A brand
28
What is it called when you take a break from your job on (a) holidays
Annual Leave
Pay Day
Regular Leave
Holiday Pay
29
Which one of these is a partnership
A contract between two people who agree to operate a busines
A combination of two business into a firm
Two business coming into a meeting
30
Whats a "Cold Call"
A phone call
A cold phone
When someone calls in sick
Someone from the certain business calling a client unexpecte
