Book out 6600 Business Concepts Final Questions
and Answers | Guaranteed Pass
Product Placement - Correct Answer✔✔-Putting products into TV shows and
Movies where they will be seen
B2B - Correct Answer✔✔-All individuals and organizations that want goods
and services to use in producing other goods and services or to sell, rent, or
supply goods to others
Common Stock - Correct Answer✔✔-The most basic form of ownership in a
firm.
1.Voting rights
2.Right to share in profits through dividends
Commercial Paper - Correct Answer✔✔-Unsecured promissory notes of
$100,000and up that matures in 270 days or less
Corporate responsibility - Correct Answer✔✔-The dimension of social
responsibility that includes everything from hiring minorities to making safe
products "
Contingency Plan - Correct Answer✔✔-The process of preparing alternative
courses of action that may be used if the primary plans don't achieve the
organization's objectives
Dividend - Correct Answer✔✔-Part of a firm's profits that the firm may
distribute to stockholders as either cash payments or additional shares of stock
Equity financing - Correct Answer✔✔-Money raised from within the firm,
from operations or through the sale of ownership in the firm's stock or venture
capital
FDIC - Correct Answer✔✔-An independent organization agency of the US
Gov't that insures bank deposits
Greening - Correct Answer✔✔-The trend toward saving energy and producing
products that cause less harm to the environment
1
, Gross profit - Correct Answer✔✔-How much a firm earned by buying or
(making) and selling merchandise
Identity Theft - Correct Answer✔✔-Obtaining an individual’s personal
information, such as Social Security, and credit card numbers, for illegal
purposes
Insider Trading - Correct Answer✔✔-An unethical activity in which insiders
use private company information to further their own fortunes or those of their
family and friends
Junk Bonds - Correct Answer✔✔-high risk, high interest bonds
line of credit - Correct Answer✔✔-a given amount of unsecured short term
funds a bank will lend to a business, provided the funds are readily available
Long term financing - Correct Answer✔✔-Funds needed for more than a year
Marketing Mix - Correct Answer✔✔-Product, Price, Place and Promotion
Middle management - Correct Answer✔✔-General managers, division
managers, and branch and plant managers who are responsible for tactical
planning and controlling
Over the Counter Market - Correct Answer✔✔-Exchange that provides a
means to trade stocks not listed on the national exchange
Product line - Correct Answer✔✔-A group of products that are similar or are
intended for a similar market
Product mix - Correct Answer✔✔-The combination of product lines offered
by a manufacturer
Product screening - Correct Answer✔✔-A process designed to reduce the
number of new product ideas being worked on at one time
Short term financing - Correct Answer✔✔-Funds needed for a year or less
Standard of Living - Correct Answer✔✔-The amount of goods and services
people can buy with the money they have
2
and Answers | Guaranteed Pass
Product Placement - Correct Answer✔✔-Putting products into TV shows and
Movies where they will be seen
B2B - Correct Answer✔✔-All individuals and organizations that want goods
and services to use in producing other goods and services or to sell, rent, or
supply goods to others
Common Stock - Correct Answer✔✔-The most basic form of ownership in a
firm.
1.Voting rights
2.Right to share in profits through dividends
Commercial Paper - Correct Answer✔✔-Unsecured promissory notes of
$100,000and up that matures in 270 days or less
Corporate responsibility - Correct Answer✔✔-The dimension of social
responsibility that includes everything from hiring minorities to making safe
products "
Contingency Plan - Correct Answer✔✔-The process of preparing alternative
courses of action that may be used if the primary plans don't achieve the
organization's objectives
Dividend - Correct Answer✔✔-Part of a firm's profits that the firm may
distribute to stockholders as either cash payments or additional shares of stock
Equity financing - Correct Answer✔✔-Money raised from within the firm,
from operations or through the sale of ownership in the firm's stock or venture
capital
FDIC - Correct Answer✔✔-An independent organization agency of the US
Gov't that insures bank deposits
Greening - Correct Answer✔✔-The trend toward saving energy and producing
products that cause less harm to the environment
1
, Gross profit - Correct Answer✔✔-How much a firm earned by buying or
(making) and selling merchandise
Identity Theft - Correct Answer✔✔-Obtaining an individual’s personal
information, such as Social Security, and credit card numbers, for illegal
purposes
Insider Trading - Correct Answer✔✔-An unethical activity in which insiders
use private company information to further their own fortunes or those of their
family and friends
Junk Bonds - Correct Answer✔✔-high risk, high interest bonds
line of credit - Correct Answer✔✔-a given amount of unsecured short term
funds a bank will lend to a business, provided the funds are readily available
Long term financing - Correct Answer✔✔-Funds needed for more than a year
Marketing Mix - Correct Answer✔✔-Product, Price, Place and Promotion
Middle management - Correct Answer✔✔-General managers, division
managers, and branch and plant managers who are responsible for tactical
planning and controlling
Over the Counter Market - Correct Answer✔✔-Exchange that provides a
means to trade stocks not listed on the national exchange
Product line - Correct Answer✔✔-A group of products that are similar or are
intended for a similar market
Product mix - Correct Answer✔✔-The combination of product lines offered
by a manufacturer
Product screening - Correct Answer✔✔-A process designed to reduce the
number of new product ideas being worked on at one time
Short term financing - Correct Answer✔✔-Funds needed for a year or less
Standard of Living - Correct Answer✔✔-The amount of goods and services
people can buy with the money they have
2
