Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Business and Marketing > State Exam > Flashcards

State Exam Flashcards

1
Q

Ownership in a corporation

A

Stocks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Ticker symbol

A

Abbreviation used to identify stocks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

How many companies in the Dow Jones Industrial Average Index

A

30 Companies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is an ETF

A

Exchange Traded Fund

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What does IPO mean

A

Initial Public Offering (of stock)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

P/E ratio stand for

A

Price of stock divided by earnings

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How often do shareholders get their “earnings”

A

Quarterly

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

AAPL, and GOOG are examples of what

A

Ticker symbols

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Dividends

A

Profits paid to shareholders

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Disadvantage of company issuing stock

A

The Company give away part of their Equity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is a stock market exchange

A

marketplace for stocks, bonds, etc. to trade

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Company has no P/E ratio

A

The Company has no earnings

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Innovation

A

Making improvements to a product or process

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Language of business

A

Accounting

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Study of how a society chooses to use their limited resources for production

A

Economics

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Activities of producing, buying and selling goods/services in exchange for money

A

Business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Resources in limited supply

A

Scarcity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

is money a resource

A

no

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Study of the economy as a whole

A

Macroeconomics

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Smaller parts of the economy, such as a single community

A

Microeconomics

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Moral principles that govern a person behavior

A

Ethics

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Patents protect

A

inventions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

intellectual property

A

copyrights, trademarks, Patents

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

2 or more people own a business

A

partnership

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Who owns a corporation

A

shareholders

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Social Responsibility

A

giving back to the community by doing a service project

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

Can you buy stock in private companys?

A

no

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

Dividend

A

corporation pays stockholders on a regular basis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

Portfolio is made of

A

stocks, bonds, and other investments

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

Assets=Liabilities + ?

A

Owners equity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

Investor loans money to a company for a defined period of time and is paid interest

A

bond

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

Mutual fund

A

pool of funds from many investors to purchase bonds, stocks, ect.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

money regularly paid to shareholders from a company’s profits

A

dividend

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

Bull market

A

rising

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
35
Q

bear market

A

declining

36
Q

money regularly paid for the use of other money

A

interest

37
Q

comparing an unexpected return on an investment to the risk taken to capture the return

A

risk/reward rule

38
Q

time value of money

A

the idea that money available now is worth more than future money

39
Q

interest calculated on the initial amount PLUS the perviouly earned interest

A

compound interest

40
Q

scarcity

A

when something is in short supply

41
Q

demand

A

the amount of a good/service that consumers are willing to buy

42
Q

supply

A

the amount of a good/service that producers are willing to provide

43
Q

opportunity cost

A

the thing you lose when you choose something else

44
Q

the people that do, create or work

A

human resources

45
Q

Natural resources

A

materials/substances used for economic gain

46
Q

what does copyright cover

A

a work of art,music, literature

47
Q

trademark

A

symbol/word(s) registered to represent a company/product

48
Q

patent

A

legal protection for an invention for a set period of time

49
Q

sole proprietorship

A

business owned and operated by one person

50
Q

partnership

A

business owned and operated by two or more people, co owners

51
Q

corporation

A

legally recognized as its own entity; can outlive its shareholders

52
Q

non-profit organization

A

business where success is measured by achieving goals, not the earning on money

53
Q

planned before sending, this statement projects income and expenses

A

budget

54
Q

statement looking at income and expenses after the fact

A

income statement

55
Q

liquidity

A

how quickly an asset can be converted to cash

56
Q

Balance Sheet

A

A statement showing assets and liabilities at a given time, it always balances

57
Q

income a company generates

A

revenue

58
Q

expense

A

Money a company spends

59
Q

Asset

A

economic resource used to make money

60
Q

amount owed to lenders and suppliers, obligations to pay that the company has

A

liability

61
Q

product

A

intem offered for sale, a good/service/idea

62
Q

Value of a product, reflected in the amount charged for the product

A

price

63
Q

place

A

the route goods/services take to get to the final user

64
Q

promotion

A

raising awareness of a product,generating sales, creating brand loyalty

65
Q

geographical segmentation

A

segmenting a market based on where people live/work/worship

66
Q

demographical segmentation

A

based on observable traits, age,religion, race, income, ect

67
Q

psychographic segmentation

A

segmenting a market based on how consumers think

68
Q

behavioral segmentation

A

segmenting a market based on how consumers act

69
Q

promoting a product thought face-to-face meeting, to encourage customers to buy

A

personal selling

70
Q

building mutally beneficial relationships between organizations and their publics

A

public relations

71
Q

the group of consumers a product/service is aimed at

A

target market

72
Q

actions/tactics of an organization uses to offer its brand or products in the marketplace

A

marketing mix

73
Q

emotional buying

A

purchased based on emotion

74
Q

rational buying

A

purchases based on logic and research

75
Q

patronage

A

purchases based on loyalty to a brand/product

76
Q

goods/services for sale

A

supply

77
Q

business buy or hire ______

A

resources

78
Q

what do governments buy to produce certain goods/services

A

goods,services, and resources

79
Q

how long does a copyright last after an authors death

A

70 years

80
Q

unlimited human needs/wants, with limited resources

A

scarcity

81
Q

is water a capital resource

A

no

82
Q

What is the X axis on the supply and demand graph

A

quantity

83
Q

what is the y axis on the supply and demand graph

A

price

84
Q

can an idea be copyrighted

A

no

85
Q

Why is it important to evaluate the commercial potential of your invention?

A

To see if it is worth the cost of a patent

Business and Marketing (1 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions