Entrepreneurship Semester Review Part 1

A business that takes inventory and keeps track of sales as they occur with an

Odd/Even pricing is an example of which type of pricing strategy

Jewelry store employee forgets to set a alarm one night, & the store is burglarized is an examp

The following are purchasing decisions that entrepreneurs must consider when buying except

 A  Organizational chart  listing  the highest position should be found where on the chart?

Many companies communicate policies to staff by 

Contests, coupons, samples and rebates are examples of

A brandname, mark, or trade character protected by law is called a

All of the following are leadership styles except

The sweetner used in diet soda is declared unsafe by the FDA. The affected soda manufact. are 

The paid, nonpersonal promotion of ideas and products by an identified sponsor is called

Famous Entrepreneur who built the first personal computer in 1976

Short term goals can be stated in terms of

 A market may be segmented by all of the following categories except

Publicity is different from advertising because publicity is

Famous Entrepreneur who built the airplane

The combination of decisions about product, place, price and promotion results in the

Owners equity is 

The difference between the price of an item and its cost is the

Famous Entrepreneur who built the cotton gin and impacted the textile industry

If nvoice terms are dated 2/10, net 30, you would take advantof discount by paying in

Famous Entrepreneur who is the founder of Facebook

Natural gas is most often delivered by

Local laws that govern the location of a business are

Famous Entrepreneur who eliminated competitors in the oil industry & steel industry

Famous entrepreneur who built the Model T car

Determining and satisfying the needs and wants of consumers through the exchange  process?

The company President, VP and CEO are all considered a part of

All of the following are skills required of entrepreneurs EXCEPT

Sold in businesses today and they are tangible

For businesses, the California earthquake was a source of

When sheduling interviews it is best for the interviewee to

Ethics is the study of

Businesses that sell small amounts of an item to the final consumer are called

A legal agreement to start a business in the name of a recognized company is called a:

A legal agreement to start a business in the name of a recognized company is called

Leadership style in which the leader assumes full responsibility for the action of others

The sum of 3.75 and 13.2 are

All of the following are advantages of being a sole proprietorship except:

By comparing its % of a market with other companies , the company can determine its

Goods sold to other countries are known as

A document that explains your education, work experience, and references is called

All of the following are pricing policies used by Entrepreneurs except

The antitrust legistation that makes its illegal for competitors to set prices is the

The location of a service business is

 A set f customs, beliefs, and social attitudes that characterize a group of people is 

The economic term meaning added value is

CD's which  are rapidly being replaced by Itunes are victims of

The form to order supplies and products for your business is called

Marketers look for new products during which stage of the product life cycle?

The law that bans false or misleading advertising is the

To market a product to small groups within a large market, a company will choose to use:

A correct format for a business plan is

You should create a code of ethics :

Mr. Clean is a

Products that do not carry a brand name are called

The difference between the things your business owns and the money you owe in loans is called:

Optical scanners are a part of an inventory control system that can best be described as

To be sure U have enough $ to cover your expenses you should

Listening to customers and detemining needs is a part of

All below  are strategic things that a business owner could use to calculate prices except

All of the following are steps to primary market research except

Type of advertising designed to increase sales is

Famous Entrepreneur who designed the steamboat in the early 1880's.

The two functions of business are: