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Business Foundations Review
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Business Foundations Review
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25 Questions

1. Responsibilities of company to investors

2. Full unemployment is considered _____.

3. Functions of Money

4. 6 Factors of a Demand Curve

5. Internal Analysis

6. Characteristics of Money

7. Making an unfalsifiable claim about a product

8. Assumes that employees dislike and try to avoid work whenever necessary

9. Each entry must have an equal and offsetting entry

10. Sustained, long-term downturn in economic activity in one or more economies.

11. Ability of a firm to generate revenues in excess of operating costs and other expenses

12. People who do not work during a specific time of the year (snowblowers, college students, etc.)

13. Goods and Services Classification (B2C)

14. The amount that demand changes when the price of a product changes

15. When a company offers stock for sale to the general public for the first time

16. Measures the effectiveness of management's use of the firm's resources

17. Objectives of Promotions

18. Process of Motivation

19. A valuation ratio of a company's current share price compared to its per-share earnings

20. Marketing Mix (4 P's)

21. Compare efforts and rewards with coworkers

22. Systems at the Macro Level

23. 4 Types of Accountants

24. Personal right or wrong (does not change over time)

25. Types of Competition

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