PBMF test Exam BUNDLE. VERIFIED/

Chapter 10 PBMF, Exam Questions and answers, rated A+ Marketing - -__________ consists of dynamic activities that identify, anticipate, and satisfy customer demand while making a profit. promotion - -The four Ps of marketing are product, price, place, and _______________. target market - -The...

PBMF Ch. 11, Exam Questions and answers, rated A+ Bait and Switch - the practice of advertising one product with the intent of persuading customers to buy a more expensive item when they arrive in the store break-even point - The point at which revenue from sales equals the costs. Bulk-breaki...

PBMF Ch. 6, Exam Questions and answers, rated A+ Angel investors - -private investors who fund start-up businesses Assets - -the property or items of value a business owns. Business plan - -a written statement of goals and objectives for a business with a strategy to achieve them Capital str...

PBMF Chapter 3 Exam Questions and answers, rated A+ The ______ the competition, the _______ the price - -Lower, Higher Higher, Lower Name the type of economy where both the government and individuals make decisions about economic resources. - -Mixed Economy Name the type of economy where the...

PBMF chapter 4 review, Questions and answers, rated A+ An S corporation is a form of business ownership that provides limited liability to its owners, but is taxed as a partnership. S corporations are restricted to no more than 100 shareholders and must be US citizens or residents. - Describe...

PBMF Chapter 9 exam, Questions and answers, rated A+ The employees who work for a business are called - Human resources ___________ is the process of hiring, training, and developing employees. - Human resources management A(n) _____________ defines the position and expectations of a job. - j...

PBMF Chapter 19 Questions and answers, rated A+ A legal document stating a person's wishes for his or her estate after death is a(n) ______________ - -Will An individual retirement account that allows individuals to contribute pre-tax income to investments that grow tax deferred is a(n)_____...

PBMF Chapter 20 Examinable Questions and answers Coinsurance - -a percentage of the service costs that patients pay. Exclusion - -a medical service that is not covered in an insurance plan. Preexisting condition - -an illness or an injury a person has before signing up for health insurance. Pr...

PBMF Chapter 23, Exam Review Questions and answers the exchange of information through electronic means. - -Digital communication someone who regularly and skillfully engages in the use of technology, such as the Internet, computers, and other digital devices. - -Digital citizen the ability t...

PBMF Fall Semester Review, Questions and answers, graded A+ Activities provided for the satisfaction of others and consumed at the time of purchase are - wants Activities provided for the satisfaction of others and consumed at the time of purchase are - services A risk taker who uses resources...

PBMF Final Exam Questions and answers, rated A+ Wise consumers always understand their needs & wants before they buy. - -true an example of fraud would be a salesperson telling a customer, "This is the best car on the market today." - -false class-action courts help consumers resolve cases ...

PBMF Mid Term Review Questions and answers, rated A+ Mismatch of unlimited wants and needs with limited economic resources - -Basic Economic Problem Items bought from other countries - -Import Things we must have to survive - -Needs The blending of four marketing elements-products, price, pl...

PBMF test Exam Questions and answers, Rated A+ _____ offer different products and services then your business but target the same customers. - - Indirect competitors A brand - -strategy is how you execute the main message you want to convey A marketing calendar is a method to help you plan and...

PBMF-Chapter 6 review Questions and answers, rated A+ _____ financing is the money needed to pay for the current operating activities of a business. - - Short-term Many small businesses have an advantage over larger businesses because they are better able to _____. - -provide unique services ...