* You can not shout out answers! We will go around the room in alphabetical order. If you are asked...

Preview:

Citation preview

* You can not shout out answers!•We will go around the room in alphabetical order. •If you are asked to answer and you cannot answer you will not be allowed to have your reference sheet during the final.•If your classmate does not answer and you raise your hand and I call on you, at which time you answer correctly, you will be able to use your reference sheet. • If you already answered for a classmate you will still be requested to be called on but if you do not answer correctly you will not be penalized. •You will be penalized IF you shout out answers. You will not use your

reference sheet for the morning of the final.

Click to begin.Click here for other

questions that will be on the final

Click here for Final Jeopardy

Category B Category D Category E

10 Point

20 Points

30 Points

40 Points

50 Points

10 Point 10 Point 10 Point 10 Point

20 Points 20 Points 20 Points 20 Points

30 Points

40 Points

50 Points

30 Points 30 Points 30 Points

40 Points 40 Points 40 Points

50 Points 50 Points 50 Points

Category CCategory A

Answer 1a

Of or pertaining to those commonly engaged in dealing with money and credit.

Answer 2a

Marketing activates among sellers and buyers in different

countries.

Answer 3a

A financial tool that estimates a company’s fund or personal funds and its plan for spending those funds.

Answer 4a

The profit made from the resale of investments such as stocks, bonds, or real estate.

Answer 5a

Real estate is a legal term that encompasses land along with improvements to the land, such as buildings, fences, wells and other site improvements that are fixed in short it is REAL ESTATE.

Answer 1b

The owners of the corporations.

Answer 2b

The limited resources available to satisfy the unlimited needs and wants of the people.

Answer 3b

Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money, or, money earned by deposited funds.When money is borrowed, interest is typically paid to the lender as a percentage of the principal, the amount owed.

Answer 4b

In economics, a mechanism that allows people to buy and sell (trade) financial securities (such as stocks and bonds), and commodities (such as corn and oranges)

Answer 5b

An increase in the average prices of

goods and services in a country.

Answer 1c

An agreement between two or more companies

to share a business project

Answer 2c

The amount a country owes to other country.

Answer 3c

A situation that exists when a country can produce a good or service at a lower cost than other countries.

Answer 4c

A guide used to start and operate a business.

Answer 5c

The business activities necessary to get foods and services from the producer to the consumer

Answer 1d

This economic statement is often viewed as involving the contracting out of a business function that was previous in that country or state. Or is the ability of businesses to outsource to suppliers outside the nation.

A business owned by one person.

2d

These are restrictions that

reduce free trade among nations.

A sanction imposed by a country against another country that stops all import and export trade with that country.

In financial accounting, ____ are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an ______. Simply stated, _______ represent ownership of value that can be converted into cash (although cash itself is

also considered an _____ ).

In common usage, an _____ or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of

costs.

A board legal term referring to almost

every kind of responsibility, duty,

or obligations.

A document that reports a

company’s assets, liabilities and

owners equity.

The term economic cycle refers to economy-wide fluctuations in production or economic activity over several months or years. These fluctuations occur around a long-term growth trend, and typically involve shifts over time between periods of relatively rapid economic growth (an expansion or boom), and periods of relative stagnation or decline (a contraction or recession)

_______ is a term adapted from the Latin phrase pro capite meaning "per (each) head"

with pro meaning "per" or "for each", and capite (caput

ablative) meaning "head." Both words together equate to the phrase "for each head", i.e.

per individual or per person.

Make your wager

_______ is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most

commonly the price paid for the use of borrowed money, or, money earned by deposited

funds.

Question 1a

What is a bank?

Question 2a

What is International Marketing?

Question 3a

What is a budget?

Question 4a

What is capital gain?

Question 5a

What is the housing market?

Question 1b

What is a shareholder?

Question 2b

What is meant by scarcity?

Question 3b

What is the rate of interest?

Question 4b

What is a financial market?

Question 5b

What is inflation?

Question 1c

What is a joint venture?

Question 2c

What is meant by foreign debt?

Question 3c

What is meant by absolute advantage?

Question 4c

What is a business plan?

Question 5c

What is marketing?

What is outsourcing?

What is sole proprietorship?

What is a trade barrier?

What is trade embargos?

What is an asset?

What is an expense?

What is a liability?

What is a balance?

What is a business cycle?

What is meant by Per capita?

What is interest?

Additional information for final!

• Please know what PIR and AIR. • Be ready to do a short EXCEL spread sheet.

Example:• Lenny brought a dog for $250. He can only

pay $20 per month. The AIR which he pays yearly is 19.50%. The PIR is 1.70 per month. How long will it take Lenny to pay off his poodle? (- Next page)

Please also know!

• GNP- Gross national product is a measurement of the total value of all the foods and services proceed by the resources of a country.

• GDP – Gross Domestic product is the measurement of the output of a country within it’s borders, inclosing items produced with foreign resources. -(next page)

Please know!

• OPEC – The organization of the Petroleum Exporting countries. Who are these people?

• WTO – The World Trade Organization – who are these people and what do they do?

• IAEA – Who are these people and what do they do?

• Next page – essay debate you may have to answer.

Possible Debate Essay

• A company should not worry if a baby chokes on a small piece of metal that broke off of a toy, things happen VS Companies should be responsible for their products safety.

• A multinational company should follow only rules that make sure they are making money VS A multinational company should follow all existing economic, social and legal constraints of a host country.