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Business Foundations Final Exam Review Chapters 7, 12, 13, 15, & 31 JEOPARDY
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100 Chapter 7 Organizational Structures Chapter 7 Organizational Structures Chapter 12 Money & Financial Inst. Chapter 12 Money & Financial Inst. Chapter 13 Marketing in Today’s World Chapter 13 Marketing in Today’s World Potpourri Chapter 31 Investing in Chapter 31 Investing in Stocks Chapter 15 Human Resource Management Chapter 15 Human Resource Management 100 200 300 400 500 200 300 400 500 100 200 300 400 500 200 300 400 500 F i n a l J e o p a r d y
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Question Level of management that includes supervisors, office managers, and crew leaders. Chapter 7 100 A: What are supervisory managers? 100 200 300 400 500
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\\ Question A: What is decentralization? Gives authority to a number of different managers to run their own departments. Chapter 7 200 100 200 300 400 500
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Question 100 200 300 400 500 A: What are top (senior) level, middle management, and supervisory management? The three levels of management. Chapter 7 300
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Question 100 200 300 400 500 A: What is decentralized? Businesses organized with authority in a number of units. Chapter 7 400
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Question 100 200 300 400 500 A: What are what they make, where they are, and what they do? Three ways departments can be organized. Chapter 7 500
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Question 100 200 300 400 500 A: What is the Federal Reserve System? The central banking organization in the United States. Chapter 12 100 200 300 400 500
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Question 100 200 300 400 500 A: What is a credit union? Nonprofit banks set up by organizations for their members to use. Chapter 12 200
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Question 100 200 300 400 500 A: What is the discount rate? Rate of interest the Fed charges member banks. Chapter 12 300
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Question 100 200 300 400 500 A: What is to buy or sell government securities? One way the Fed increases or decreases the amount of money in the economy. Chapter 12 400
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Question 100 200 300 400 500 A: What is medium of exchange, standard of value, and store of value? The three functions of money. Chapter 12 500
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Question 100 200 300 400 500 A: What is advertising? Any paid sales message. Chapter 13 100
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Question 100 200 300 400 500 A: What is a trade character? A brand mark that has a human quality. Chapter 13 200
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Question 100 200 300 400 500 A: What is the target market? The customers a marketer can serve best. Chapter 13 300
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Question 100 200 300 400 500 A: What is the marketing concept? Idea of fulfilling the wants and needs of customers at a profit. Chapter 13 400
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Question 100 200 300 400 500 A: What is Product, Price, Place, and Promotion? The 4 P’s of Marketing. Chapter 13 500
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Question 100 200 300 400 500 A: What is controlling? Supervisory managers spend most of their time completing this management function. Potpourri 100
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Question 100 200 300 400 500 A: What is a trademark? A name, symbol, design, or combination of these elements. Potpourri 200
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Question 100 200 300 400 500 A: What is supervisory? The largest group (level) of management. Potpourri 300
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Question 100 200 300 400 500 A: What is the glass ceiling? The invisible barrier faced by minorities and women when climbing the corporate ladder. Potpourri 400
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Question 100 200 300 400 500 A: What is line authority? Managers at the top of the line are in charge of those directly below them. Potpourri 500
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Question 100 200 300 400 500 A: What is the stock market? The place where most stocks are bought and sold. Chapter 31 100
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Question 100 200 300 400 500 A: What is common stock? The primary form of ownership in a corporation. Chapter 31 200
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Question 100 200 300 400 500 A: What is day trading? Buying and selling stock based on minute- by-minute changes in the price of a stock. Chapter 31 300
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Question 100 200 300 400 500 A: What is investing? Putting your money to use in order to make money. Chapter 31 400
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Question 100 200 300 400 500 A: What is liquidity? How easily an investment can be turned into cash. Chapter 31 500
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Question 100 200 300 400 500 A: What is a performance appraisal? Evaluation of how an employee is doing on the job. Chapter 15 100
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Question 100 200 300 400 500 A: What is job rotation? Prevents boredom, keeps moral high, and teaches many different work experiences in a company. Chapter 15 200
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Question 100 200 300 400 500 A: What is compensation? How much the job pays and benefits received. Chapter 15 300
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Question 100 200 300 400 500 A: What is a transfer? Moving to another job within a company at the same level and pay. Chapter 15 400
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Question 100 200 300 400 500 A: What is human resources management? Finding, selecting, training and evaluating employees. Chapter 15 500
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Question 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 100 200 300 400 500
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