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grade 10 business > Exam Review > Flashcards

Exam Review Flashcards

(31 cards)

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1
Q

What is the Law of Demand?

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2
Q

What is the Law of Supply?

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3
Q

How is price affected by supply and demand?

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4
Q

What are the types of businesses? Give 2 examples for each.

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5
Q

What are the types of partnerships?

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6
Q

Describe the three management styles discussed in class

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7
Q

How can a management style affect employee productivity?

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8
Q

Why is it important for a manager to develop teamwork?

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9
Q

What is the difference between a skill and a characteristic?

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10
Q

What are the three factors involved in the development of a product?

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11
Q

What is the Marketing Mix? Explain each of the elements involved

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12
Q

What is Advertising? What are the types of Advertising? Give one example for each

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13
Q

What is promotion? List some examples of the types of promotion

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14
Q

What is a channel of distribution? Explain the types and give an example for each

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15
Q

What is marketing research? Why is it so important to a business?

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16
Q

What is the accounting equation?

17
Q

What is a Balance Sheet and an income statement?

18
Q

What is accounting and why is it so important to a business?

19
Q

What is a franchise?

20
Q

What are the types of business ownerships?

21
Q

What is a free enterprise economic system?

22
Q

What are some types of investments available to Canadians?

23
Q

What is a mutual fund?

24
Q

What is the difference between Schedule I Bank and Schedule II Bank?

25
What roles do banks play in the Canadian economy?
26
What is an entrepreneur?
27
What is the difference between Gross Profit and Net Profit? How do you calculate each?
28
Why are the various functions of business (marketing, accounting, human resources, etc) important to how a business runs effectively?
29
Why is international business so important to Canadian businesses?
30
Why is the concept of needs and wants important to a business?
31
In your opinion, why is it important for all students to take a high school business class?

grade 10 business (5 decks)

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