Intro. to Business Final Exam Review

The four major communication skills are listening, verbal, visual, and written.

A broker is someone who trades stocks for a fee. 

The most used communication skill is: 

Private corporations trade stock on the markets

An autocratic boss has almost no say in what is done in the department. 

Preferred stock has voting rights and pays dividends after common stock

If you "bounce" a check it means 

Buying stocks on margin is buying them on credit.

Consumers pay for the item, and customers use the item. 

Bull markets are when the stock market is rising. 

Public law covers crimes and Private law covers torts.

Income stocks are less stable and have higher rewards than growth stocks. 

The four functions of management, in order are: 

When stock first becomes available on the market, it is referred to as: 

In a civil case the person complaining is called the 

Highest court in the United States is called _______________________.

Something owned by a person or business is a(n)

Money coming into the business is called  

What are two ways to make money on stocks? 

The form that tells us how much money was made in a given month is the 

Headline, Copy, Illustration, Logo and slogan are the five parts of a print advertisement. 

A new employee with no experience will do best in a lassiez-faire management environment.

Three stock indexes are: 

Interest earned upon interest over time is called:

Money used to keep the business running is called  

The burden of proof in a civil case is based on 

Choosing the right management style to fit the moment is called: 

The three levels of management are:

The New York Stock Exchange and NASDAQ both trade stocks face-to-face. 

A specific group of people you intend to sell to is called: 

A declining stock market is called 

There are three types of endorsements for checks. They are 

A set of rules to govern a civilized society is called _____________.

The basic time limit for most radio ads is ____________________.

The least used communication skill is: 

Three types of businesses discussed are: 

A jingle is the simplest and most widely used type of a radio script. 

After this review Quiz, I am confident of getting a good grade on the final. 

Limited liability protects the owners/stockholders from legal responsibilities of the company

The 3 types of economic systems are: 

Product, Price, Place, Promotion make up the four Ps of Marketing. 

If a check has not been cashed yet, it is considered 

Smaller subsidiaries are owned/overseen by the 

Personal ethics is your own beliefs/values while professional is a standard for the work place

What is the owner worth? This is called

A democratic boss lets employees have input into department decisions. 

A stock is loaning funds to a company.

Using private information from inside the company for personal gains in trading stocks is: 

Something that is owed by a person or business is called a(n) 

The Accounting equations are A=L+OE and R-E=I

A defined group of the population that is intended to be targeted is market segmentation.  

A general increase in average price levels over time is: 

The first ten amendments are called 

Capital gains is buying low and selling high. 

High risk and maybe high reward stocks are referred to as growth stocks. 

The burden of proof in a criminal case is 

Balancing your checking account each month is called 

If you own a stock, dividends are a guarantee.