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Duplicate of Quiz Bowl #1 Flashcards | StudBud
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Duplicate of Quiz Bowl #1
Duplicate of Quiz Bowl #1
30 terms
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StudBud Administration
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33 plays
Review of marketing terms and learn new terms #marketing
Flashcards
30 cards
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Practice quiz
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Questions
30
Answers
1
To make good decisions, one must have
Kindness
Patience
Understanding
Good Judgment
2
An Association of Marketing Students
FCCLA
DECA
FBLA
PLTW
3
The owner of the parent company
that gives the rights to use their name and products
franchisee
franchisor
entrepreneur
franchise
4
hands, eyes, facial expressions
receiving info
sign language
non-verbal clues
details
5
What is the amount of value of goods and services produced from set amounts of resources
Law of Demand
Economics
Productivity
Gross Profit
6
A person who owns their own business with an intent of making a profit
franchisee
corporation
entrepreneur
general business
7
Way in which a country handles its economic decisions and solves its economic problems
Intervening
Incentives
Law of supply
Law of demand
8
Amount of money paid for goods, services, or resources
supply
demand
price
possession
9
To inform, persuade and to remind
Products
Promotion
Goods
Services
10
One of the ways your body reflects your feelings of interest/enthusiasm
Eye contact
Facial expressions
Gestures
Voice
11
Taking the next step to complete a task
Integrity
Initiative
Competition
Scarcity
12
Economic fluctuations are the rise and fall of economic activity
GDP
CPI
GNP
Business cycle
13
Principles by which one lives
life skills
values
recession
logical
14
Chief way of feedback, can be negative or positive, can also help you
Price
Intervening
Self-Improvement
Role-Model
15
When you are willing to give up one thing for another
Incentives
law of supply
demand
opportunity cost
16
A condition in which a market is controlled by one supplier and there are no substitute goods
Entrepreneurship
Economic Systems
Enterprise
Monopoly
17
Money left over after all expenses have been paid
profit
expenses
economic systems
money
18
Right to own and operate a business as long as it's legal
Entrepreneurship
Sole Proprietor
Profit
Private Enterprise
19
This style of behavior is often confused with assertiveness
aggressiveness
assertive
passive
apathy
20
What is one's general outlook on things, the way one looks at life
judgement
attitude
reference
life skills
21
Understanding your customers and trying to take care of them
Initiative
Customer Mindset
Mentor
Leadership
22
An agreement with a company to use their name and sell their products ina given area
sole-proprietor
franchise
partnership
Independent owner
23
Rivalry between tow or more business to attract customer dollars
Productivity
Monopoly
Enterprise
Competition
24
Process of effectively "fitting" yourself to a particular set of circumstances
adjusting/adapting
mentor
marketing
self-improvement
25
Using your hands, eyes, posture, facial expressions to convey a message
signage
mentor
customer service
body language
26
What is one way to get work experience
job shadow
get a job
Internships
volunteer
27
Location of business, high end, top quality merchandise
Price Competition
Sales
Overstock
Non-Price Competition
28
The owner of a franchise
retail
franchise
small business owner
franchisee
29
What is it called when you "walk in someone else's shoes
Sympathy
Empathy
Gather information
Job Shadow
30
Meeting between an employer and prospective employee to discuss job requirements
reference
cover letter
job skills
job interview