Exam Review - Gr 10 Business

In business, SOHO stands for:

McDonald's and Disney working together to help each other is known as:

Franchisees pay many fees to franchisers, such as

Market Research falls under which of the 4 P's of the Marketing Mix?

Definition: Whenbusinesses rely on G&S from other businesses in order to operate.

Definition: promoting a G&S without personal contact & without spending money.

Definition:  In advertising, the number of times each Target Market is exposed to ad

Which of the following is an example of Primary Data?

Which of the following is an example of discretionary income?

Which of the following is an example of Sales Promotions:

Definition: Informs, reminds and persuades targetmarket to purchase G&S

There are reports that paint may cause cancer. What happens to the world supply of paint?

Starbucks' sales were $40 million and its net loss was $10 million. What were its expenses?

Which of the following are NOT part of CSR (Corporate Social Responsibility)?

Definition: A product that is extremelypopular for a very short period of time

The amount of cash available to paycurrent debt is known as:

The lowest level of economic activity in the Business Cycle is known as:

Definition: Businessowned by workers or customers of the G&S 

The biggest disadvantage of equity financing is:

Definition: In functions of management, managing the company's financial resources is known as:

Selling a can of coke in a vending machine is this type of distribution channel:

Which of the following is NOT part of AIDA?

Definition: Studyof obvious characteristics that categorize people

Most products do not get beyond this stage of the Product Life Cycle

Which of these components help create a BRAND?

Which of the following countries best defines a Command Economy?

The best leadership style is:

Biggest disadvantage of a sole proprietorship.

Definition: When more than one company tries to sella similar G&S to the same customer. 

Definition: Items that consumers no longer want orneed, and thus are no longer purchased.

Definition: resources needed to create a G&S

Definition: žAllthe activities involved in getting the G&S from the producer to consumer.

For small businesses, the most powerful way to promote is to use:

Which factor does NOT affect demand?

When designing a product to sell, one must consider its: