Airplanes Peek Copy Cheat (in Business) 5th Grade Prices 5th Grade Micro 5th Grade Monopoly 4th Grade Marketing 4th Grade Risk 4th Grade Market Price 3rd Grade Inflation. 3rd Grade Customers 3rd Grade Exchange 2nd Grade Foreign exchange 2nd Grade Social 2nd Grade Culture 1st Grade Money 1st Grade Shapes 1st Grade Culture What is meant by price? 1. Price is the actual amount that customers pay and the methods of increasing he value of the product to the customers. Or is it.. 2. Price includes the methods and information communicated to customers to encourage purchases and increase their satisfaction. Did you say 1. that price is the actual amount that customers pay and the methods of increasing the value of the product to the customers? You are smarter than a 5th grader friends! Go back to main slide What is a market? 1. A market is the blending of four marketing elements, product, distribution, price and promotion by the business. Or is it 2. Market is the refers too the description of the prospective customers a business wants to serve and the location of those customers. Go back to main slide . Did you say a market refers to the description of the prospective customers a business wants to serve and the location of those customer Go back to main slide What is inflation? 1. Is when an increase in the average prices of goods and services in a country or is it……… 2. Creates or obtains products or services for sale. Do you say 1. Is when an increase in the average prices of goods and services in a country If you did your are smarter than a 5th grader? Go back to main slide. What is by foreign exchange? 1. The process of converting the currency of one country into the currency of another country. 2. A person who will be obtaining, managing and using market information to improve decision making and the performance of marketing activities. Did you say that foreign exchange is 1. The process of converting the currency of one country into the currency of another country. Go back to main slide. What is meant by money? 1. Establishing and communicating the value of products and service in perspective customers. Or 2. This is anything people will accept for the exchange of goods and services Did you say “2”? Money is anything people will accept for the exchange of goods and services. Go back to main slide. What is Microeconomics? 1. The studies of the economic behavior and relationships of the entire society. Or is it…. 2. The study of relationships between individual consumers and producers. Did you answer 2. Microeconomics is the study of relationships between individual consumers and producers Go back to main slide. What is meant by risk 1. Self regulation is decisions and behavior based on honest and fair standards. Or is it…. 2. The uncertainty of an event or outcome. Did you say - 2. The uncertainty of an event or outcome. Go back to main slide. Do you know what consumerism is? 1. Consumerism is the organized actions of group of consumers seeking to increase their influence on business practices. Or it it….. 2. A group of consumers is dissatisfied with the actions or products of a business they can organize a customer boycott. Consumerism is the organized actions of group of consumers seeking to increase their influence on business practices Go back to main slide. What is the definition of social responsibility? 1. Social responsibility is the organized actions of groups of consumers seeking to increase their influence on business practices. Or is it… 2. Social responsibility is the trend today to be greater in expectation for business to be socially responsible and to aid in solving he problems facing society? Did you say – 2.Social responsibility is the trend today to be greater in expectation for business to be socially responsible and to aid in solving the problems facing society? Go back to main slide. What is the most descriptive name for the shape below. Did you say Trapezoid? You “dun” graduated the 3rd grade! Go back to main slide What is a monopoly? 1. Customers have so many choices of suppliers and the products of all suppliers are similar. . Or is it… 2. A type of economy that the market in which there is one supplier offering a unique product. A monopoly is a type of market in which there is one supplier offering a unique product. Go back to main slide Do you know what market price is? 1. The point where supply and demand for a product are equal. Or is it…. 2. To determine the number of computers that will actually be produced. The point where supply and demand for a product are equal. Go back to main slide What is the Foreign excnange market? 1. When the network of banks and other financial institutions that buy and sell different currencies.. Or is it… 2. As the price goes down fewer will be manufactured in a market. Brilliant! 1. When the network of banks and other financial institutions that buy and sell different currencies.. . Go back to main slide What is a class sytem? 1. The graph of the relationship between price and quantity supplied is known as this. Or is it…. 2. It is a means of dividing the members of a cultural group into various levels. Once again you graduated the 3rd grade! 2. It is a means of dividing the members of a cultural group into various levels.! Go back to main slide What is a Culture? 1. the accepted behavior, customs, and values of a society or a system of learned, shared, unifying, and interrelated beliefs, values and assumptions. Or is it… 2. The way business use the resources available to develop products and services. Ya.. you are smart! 1. the accepted behavior, customs, and values of a society or a system of learned, shared, unifying, and interrelated beliefs, values and assumptions.. Go back to main slide
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