BBI 2O1 - Exam Review

A dishwasher is considered __________ because little training is required.

Producers will increase the supply of a product if

___ is an invisible barrier that denies an employee based being a women, minority, or disabled.

The action of an employee reporting a co-worker to management.

____ is a product that is extremely popular for a short period of time.

____ is the income that one uses to pay for basic necessities, such as food, clothing, shelter.

___ refers to highly trained people with specific occupations, such as accountants and doctors.

There are 6 types of __, everything is from farming, fishing, mining, water, fuel and forestry.

Debt financing is money

______________ are minted or manufactured by the Royal Canadian Mint headquartered in Ottawa.

The 4 P’s of Marketing are:

The acronym “AIDA” stands for.....

______ is the income that one uses after they have purchased basic necessities.

Because there are so many owners, a corporation is run by

Rec centers are operated by....

The 2 C’s of Marketing include

Which of the following is NOT an Economic Resource?

_________________ are risk takers, perceptive, curious and imaginative.

_______ refers to items that are difficult to convert into cash such as buildings, equipment.

____ encourages consumers to buy a product using coupons, contests, samples and special events.

____ is the number of people who are exposed to a message. Television describes it as ratings.

Products that experience a __________ have a section of the market that they dominate.

A product is said to be obsolete when

___________ is information that others have collected.

The amount of money you will receive from the sale of the product is called

____________ is when a business owner uses his/her own money and resources to run the business.

The ______________ leaves employees alone to do their job.

An item necessary for survival such as food, clothing, and shelter is called _____________.

The two fundamental roles of marketing are:

Sole proprietorship, the owner is responsible for all losses. This is called:

A ___________ is a short catchy phrase that is usually attached to the company’s name and logo.