Business Essentials Final Review

A letter that someone writes for you explaining how they know you and your skills is called what?

A mixed economy is a mixture of which two?

What is an example of personal selling?

A product being unique means it will be cheaper.

What is the most important thing you have front and center on your resume?

Which is NOT an example of a cultural factor when talking about international trade?

All are examples of intellectual property EXCEPT:

An effective budget needs to be:

What term refers to the duty of a business to contribute to the well-being of a community?

What is an example of a fixed expense?

What is an example of a direct channel distribution?

What type of job would be considered middle management?

What is a contingent worker?

What is the accounting equation?

Which level of management sets long-term direction and makes plans?

Which is NOT an example of a trade barrier?

Which is NOT a kind of communication we talked about?

Which is NOT a risk of entrepreneurship?

You should change your resume and cover letter depending on the job you are applying for.

Which is NOT included in marketing duties?

What is an example of visual merchandising?

What is the difference between banks and credit unions?

What is an example of environmental protection?

What term means a country imports more than they export?

What does channel of distribution mean?

What level of management is responsible for the day-to-day of a business?

What is an example of a franchise?

Which is NOT an example of a geographic factor when talking about international trade?

Which is NOT an example of a company that only does marketing?

What term means a country exports more than they import?

What is the amount of money available to the business after all costs and expenses have been taken out?

What is market research?

Which is an example of a service?

Which marketing function includes researching what customers like and dislike about your product?

A high school students resume should be one page.

What is an export?

What is needed to start a small business?

What is a kind of management style that looks into collaborating and involving employees?

A letter that explains your interest in a position and discusses your skillset is called what?

Which is NOT a type of resource we talked about?

Products should be marketed the same way, no matter what the product is.

What is not included in the functions of management?

Which is NOT a type of business ownership we talked about?

What is an example of a variable expense?

A product being complex means it will be cheaper.

What is NOT an example of a need?

What is an example of a liability?

What is an example of an intermediary business?

What agency insures customers of banks from losses?

How do you find a business's profit?

Which is NOT an example of a type of business?

Which term means the value of one currency compared to another?

What is an import?

Which term refers to how much something costs the manufacturer?

Who is someone you should NOT use as a reference?

What word means not having enough resources to satisfy every need?

Which pricing factor means products change price based on time of year?

Which is NOT a step in the budgeting process?

Which term means a country is better when they specialize in making a product?

White collar jobs involve a great deal of physical work.

What is an intermediary business?

America is which type of economic system?

A super sweet Batman poster would be classified as:

What country is the world's largest producer of goods and services?

All are ways to enter into a foreign market EXCEPT:

When talking about human resources, what does employee relations mean?

Which is NOT an example of an economic system?

What is NOT part of the budget process?