business foundations final exam review chapters 7, 12, 13, 15, & 31 jeopardy

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Business Foundations Final Exam Review Chapters 7, 12, 13, 15, & 31 JEOPARDY

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Business Foundations

Final Exam ReviewChapters 7, 12, 13, 15, & 31

JEOPARDY

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Chapter 7Chapter 7OrganizationalOrganizational

StructuresStructures

Chapter 12 Chapter 12 Money &Money &

Financial Inst.Financial Inst.

Chapter 13Chapter 13Marketing inMarketing in

Today’s WorldToday’s WorldPotpourriPotpourri

Chapter 31Chapter 31Investing inInvesting in

StocksStocks

Chapter 15Chapter 15Human Resource Human Resource

ManagementManagement

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F i n a l J e o p a r d y

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Level of management that includes supervisors, office managers, and crew leaders.

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A: What are supervisory managers?

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\\

QuestionA: What is decentralization?

Gives authority to a number of different managers to run their own departments.

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A: What are top (senior) level, middle management, and supervisory management?

The three levels of management.

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A: What is decentralized?

Businesses organized with authority in a number of units.

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A: What are what they make, where they are, and what they do?

Three ways departments can be organized.

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Question

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A: What is the Federal Reserve System?

The central banking organization in the United States.

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Question

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A: What is a credit union?

Nonprofit banks set up by organizations for their members to use.

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A: What is the discount rate?

Rate of interest the Fed charges member banks.

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A: What is to buy or sell government securities?

One way the Fed increases or decreases the amount of money in the economy.

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A: What is medium of exchange, standard of value, and store of value?

The three functions of money.

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A: What is advertising?

Any paid sales message.

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A: What is a trade character?

A brand mark that has a human quality.

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A: What is the target market?

The customers a marketer can serve best.

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A: What is the marketing concept?

Idea of fulfilling the wants and needs of customers at a profit.

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A: What is Product, Price, Place, and Promotion?

The 4 P’s of Marketing.

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A: What is controlling?

Supervisory managers spend most of their time completing this management function.

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A: What is a trademark?

A name, symbol, design, or combination of these elements.

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A: What is supervisory?

The largest group (level) of management.

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A: What is the glass ceiling?

The invisible barrier faced by minorities and women when climbing the corporate ladder.

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A: What is line authority?

Managers at the top of the line are in charge of those directly below them.

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A: What is the stock market?

The place where most stocks are bought and sold.

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A: What is common stock?

The primary form of ownership in a corporation.

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A: What is day trading?

Buying and selling stock based on minute-by-minute changes in the price of a stock.

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A: What is investing?

Putting your money to use in order to make money.

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A: What is liquidity?

How easily an investment can be turned into cash.

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A: What is a performance appraisal?

Evaluation of how an employee is doing on the job.

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A: What is job rotation?

Prevents boredom, keeps moral high, and teaches many different work experiences in a company.

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A: What is compensation?

How much the job pays and benefits received.

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A: What is a transfer?

Moving to another job within a company at the same level and pay.

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A: What is human resources management?

Finding, selecting, training and evaluating employees.

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A: What are blue-chip stocks?

Stocks in large, well-established companies that have a good track record of profitability and success (EX: Apple, Sony, Coke, LG).

Final Jeopardy

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