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PBMF Exam Questions and answers, Rated A+/LATEST UPDATES, 2024/25/ EXAMS PREDICTION PAPER/
[Show more]PBMF Exam Questions and answers, Rated A+/LATEST UPDATES, 2024/25/ EXAMS PREDICTION PAPER/
[Show more]Chapter 4 PBMF, Exam Review 
Questions and answers. 
for-profit business - -A _______ business is an organization that generates revenue. 
not for profit organization - -A _________ exists to serve some public purpose. 
manufacturers - -_______ are businesses that use supplies from other producers ...
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Add to cartChapter 4 PBMF, Exam Review 
Questions and answers. 
for-profit business - -A _______ business is an organization that generates revenue. 
not for profit organization - -A _________ exists to serve some public purpose. 
manufacturers - -_______ are businesses that use supplies from other producers ...
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...
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Add to cartChapter 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...
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Add to cartPBMF 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...
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Add to cartPBMF 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...
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Add to cartPBMF 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...
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Add to cartPBMF 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...
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Add to cartPBMF 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)_____...
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Add to cartPBMF 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...
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Add to cartPBMF 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...
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Add to cartPBMF 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...
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Add to cartPBMF 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 ...
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Add to cartPBMF 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...
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Add to cartPBMF 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...
Preview 1 out of 3 pages
Add to cartPBMF 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 ...
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Add to cartPBMF-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 ...
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