1. Intro to Business Final Jeopardy!!!!
Matching Review
Mixture of Matching, Mini Matching, and Short Answer

2. Final Jeopardy
Right Side of Room
Center
Center Back
Left Side of Room
Unit 1
Unit 2
Unit 3
Unit 3 x2
Hodgepodge
100
200
300
400
500

3. Question: Unit Points
Restrictions to Trade

4. Know the different ones; quota, embargo, tariff
Answer: Unit Points
What is a
Trade Barrier
Know the different ones; quota, embargo, tariff

5. Goods and services sold to other countries
Question: Unit Points
Goods and services sold to other countries

6. Import: Goods and services bought from other countries
Answer: Unit Points
What are
Exports
Import: Goods and services bought from other countries

7. Question: Unit Points
Situation in which a country specializes in the production of a good or service at which it is relatively more efficient

8. Comparative Advantage
Answer: Unit Points
What is
Comparative Advantage
Absolute Advantage: Situation where a country can produce a good or service at a lower cost than other countries

9. Protection of the creative work of authors, composers, and artists
Question: Unit Points
Protection of the creative work of authors, composers, and artists

10. Also know patent and trademark
Answer: Unit Points
What is
Copyright
Also know patent and trademark

11. Value of the next-best alternative that you were not able to choose
Question: Unit Points
Value of the next-best alternative that you were not able to choose

12. What is Opportunity Cost
Answer: Unit Points
What is Opportunity Cost

13. Question: Unit Points
Written description of the business idea and how it will be carried out

14. Answer: Unit Points
What is a Business Plan

15. Power based on a leader’s position within the formal structure
Question: Unit Points
Power based on a leader’s position within the formal structure

16. What is Formal Influence Answer: Unit 2 200 Points
Know Informal Influence: Power resulting from the personal characteristics of a leader

17. Question: Unit Points
Precise statement of results the business or individual expects to achieve

18. Answer: Unit Points
What is Goals

19. Question: Unit Points
Written contract granting permission to operate a business to sell products and services in a set way

20. Answer: Unit Points
What is a Franchise

21. Question: Unit Points
Environment in which people work , made up of the atmosphere, behaviors, beliefs, and relationships

22. What is Organizational Culture
Answer: Unit Points
What is Organizational Culture

23. Question: Unit Points
Amount of money available to the business after all costs and expenses have been paid

24. Answer: Unit Points
What is Profit

25. Any form of communication used to inform, persuade, or remind
Question: Unit Points
Any form of communication used to inform, persuade, or remind

26. Answer: Unit Points
What is
Promotion

27. Question: Unit Points
The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners and society at large

28. Answer: Unit Points
What is Marketing

29. Question: Unit Points
Name 2 advertisement strategies a company can use to hit their target market

30. Answer: Unit 3 400 Points Are you cool? Amazing toys Weasel words
Put downs
Heartstrings
Celebrities / Star Power
Family fun
Facts & Figures
Bandwagon
Excitement
Scale
Role model

31. Question: Unit Points
Managing the acquisition, movement, and storage of supplies, materials, and finished products in a business

32. Answer: Unit Points
What is Logistics

33. Question: Unit 3 x2 100 Points
Detailed plans for the financial needs of individuals, families, and businesses

34. Answer: Unit 3 x2 100 Points
What is a Budget

35. Question: Unit 3 x2 200 Points
What are the 4 Ps of marketing

36. What is Place, Price, Product, Promotion
Answer: Unit 3 x2 200 Points
What is Place, Price, Product, Promotion

37. Question: Unit 3 x2 300 Points
Financial documents that are used to record and analyze the financial performance of a business

38. What are Financial Records
Answer: Unit 3 x2 300 Points
What are Financial Records

39. Question: Unit 3 x2 400 Points
There are many promotion strategies, name one

40. What is Personal selling, Advertising & donating, Merchandising
Answer: Unit 3 x2 400 Points
What is Personal selling, Advertising & donating, Merchandising

41. Question: Unit 3 x2 500 Points
Company’s plan that identifies how it will use marketing to achieve its goals

42. Answer: Unit 3 x2 500 Points
What is
Marketing Strategy

43. Question: Hodgepodge 100 Points
Things necessary to live

44. Answer: Hodgepodge 100 Points
What are Needs Know Wants

45. Question: Hodgepodge 200 Points
Set of promotional activities designed to obtain sales in the retail setting

46. Answer: Hodgepodge 200 Points
What is Merchandising

47. Question: Hodgepodge 300 Points
Specific study of a job to identify in detail the job duties and skill requirements

48. Answer: Hodgepodge 300 Points
What is Job Analysis

49. Question: Hodgepodge 400 Points
Physical conditions and the psychological atmosphere in which employees work

50. Answer: Hodgepodge 400 Points
What is Work Environment

51. Question: Hodgepodge 500 Points
Ability to motivate individuals and groups to accomplish important goals

52. Answer: Hodgepodge 500 Points
What is Leadership