2. Chapter 10Chapter 11Chapter 12Chapter 13Potpourri 100 200 300 400 500 Final Jeopardy Score: Player 1 Player 2 Player 3

3. Specific group of consumers who have similar wants and needs

4. What is a Target Market Be able to identify similarities of a Target Market if given a product

5. 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.

6. What is Marketing

7. Set of promotional activates designed to generate sales in the retail setting

8. Who is Merchandising

9. Any form of communication used to inform, persuade or remind

10. What is Promotion Be able to explain some different types of promotions as well as pricing promotions and when and where companies can promote and advertise.

11. What are the 4 Ps of marketing

12. What is Place Price Product Promotion

13. Several computers linked into a single system

14. What is a Network

15. Instructions that run a computer system

16. What is Software

17. Computer programs that perform a specific task; such as word processing or database management

18. What is Application Software

19. An organized system of processing and reporting information in an organization

20. What is Management information systems

21. What are 2 input devices and what are 2 output devices

22. What are: Input – Keyboard, mouse, finger, camera, scanner, bar code reader, etc. Output: Monitor, speaker, printer, projector, etc.

23. Costs of operating a business

24. What are Expenses

25. What a company owns

26. What are Assets Liabilities: What a company owes

27. Also known as gross income

28. What is Revenue

29. Value of an owners’ investment in a business

30. What is Owners Equity

31. What is shown on an income statement?

32. What is: All income a business receives over a period of time (also known as Gross Income, Sales, Revenue) The cost of operating business (expenses) The difference between the two (Net Income, Earnings, Profit or Loss)

33. Studies existing products to develop design improvements or new product uses

34. What is Applied Research Know what Pure Research is

35. An assembly process that produces a large number of identical products using a continuous, efficient procedure

36. What is Mass Production Know what custom manufacturing is

37. Products are obtained from nature or grown using natural resources

38. What is Extraction and Cultivation

39. Goods arrive when needed for production, use, or sale rather than sitting in storage

40. What is Just-in-time

41. Changing and improving the form of another product

42. What is Processing

43. Building computers would be an example of Extraction and cultivation, processing, or manufacturing

44. What is Manufacturing

45. Managing the acquisition, movement, and storage of supplies, materials, and finished products in a business

46. What is Logistics

47. What are two issues businesses have to deal with involving new technology

48. What are Injuries, security, safety, management, collecting data, storing data, using data, etc.

49. What is the accounting equation

50. What is Assets = Liabilities + Owner’s Equity

51. Used to record and analyze the financial performance of a business

52. What is Financial Records

53. Make Your Wager

54. What are the two steps to the marketing strategy

55. Player 1Player 2Player 3 Who won? What is 1.Identify target market 2.Create a marketing mix

56. Congratulations Player 1 You Win !!!!!!!

57. Congratulations Player 2 You Win !!!!!!!

58. Congratulations Player 3 You Win !!!!!!!