$200 SELLING CONCEPTS LET’S TRADE POTPORRI $400 $1000 $800 $600 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 ECONOMICS TYPES OF OWNERSHIP

SELLING CONCEPTS $200 Matching features to customer needs and wants is called _________.

SELLING CONCEPTS $400 A feature that can be seen, touched, heard, etc., is called a ________ feature.

SELLING CONCEPTS $600 Good sales people try to satisfy a customer’s ________ and _________.

SELLING CONCEPTS DAILY DOUBLE In order for a customer to buy a product, the perceived value must be ______ or ______ in relation to the price.

SELLING CONCEPTS $1000 Megabytes, gigabytes, DSL lines, ethernet, NAV protocols, and LAN Gear, are examples of ___________ used in the computer industry.

LETS TRADE $200 A tax on imports.

LETS TRADE $400 This situation exists when a country imports more than it exports.

LETS TRADE $600 Specialists who are licensed by the U.S. Treasury Department and handle over 90% of all imports are called ___________.

LETS TRADE $800 Products that a country sells to other countries.

LETS TRADE DAILY DOUBLE The difference between a country’s imports and exports.

ECONOMICS $200 All the things used to produce goods and services

ECONOMICS $400 The concept that recognizes that people have unlimited wants and needs, but only limited resources.

ECONOMICS $600 An economy in which the means of production, distribution,and exchange of goods and services is done chiefly by private individuals and corporations.

ECONOMICS $800 Money paid to the government to help it provide services to its citizens.

ECONOMICS $1000 List the four factors of production.

POTPORRI $200 A combination of decisions about product, place, price, and promotion used to reach a target market and make a profit.

POTPORRI $400 The inside sales technique of selling over the phone.

POTPORRI $600 A concern, hesitation, doubt, or other honest reason a customer has for not making a purchase.

POTPORRI $800 Guidelines for good behavior and knowing the difference between right and wrong.

POTPORRI $1000 A raise in prices that occurs over time. At or above 10% is very unhealthy to an economy.

TYPES OF OWNERSHIP $200 A legal agreement between two or more people to jointly be responsible for the success of failure of a business.

TYPES OF OWNERSHIP $400 A legal agreement to begin a new business in the name of an established, recognized company.

TYPES OF OWNERSHIP $600 A business owned and operated by one person.

TYPES OF OWNERSHIP $800 This type of business has the advantage of limited liability.

TYPES OF OWNERSHIP $1000 Shares of ownership in a corporation are called ___________.

DAILY DOUBLE

What would you like to WAGER?

$200 “Identify the Problem” $400 “$10.00” $600 “Voucher Check” $800 “Flextime” $1000 “Optical Character Recognition” $200 “Trade Barriers” $400 “Absolute Advantage” $600 “Oligopoly” $800 “Bow” $1000 “Reengineering” $200 “$20” $400 “$768” $600 “$1840” $800 “$219.45” $1000 “$2160” $200 “3” $400 “Leader” $600 “Blue and Gold” $800 “Secretary” $1000 “Service, Education, Progress” $200 “30 Days” $400 “Common Stock” $600 “Mail Fraud” $800 “Authorized Shares” $1000 “40” BUSINESS LAW BUSINESS PROCEDURES BUSINESS CALCULATIONS INTERNATIONAL BUSINESS FBLA KNOWLEDGE