Introduction to Business
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- THE WEEKLY QUIZZES ON ONE PAGE FOR PRACTICE -
Week 1
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What is most important about a Formal style in Business?
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Because it is professional and serious
It will help me get a promotion
I will earn more money
Business Communications are
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made by good writing, reading, and listening skills
only necessary to communicate with customers
used to solve problems
Why is "A Good First Impression" Important?
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So I can show off my skills
It shows that I care and understand Business matters
it can help me hide my weaknesses.
What is Most Important about Problem Solving?
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To understand the issue and be able to help resolve it
It will be handled by a supervisor
Ignoring it and "sweeping it under the carpet" will make it go away!
Setting Clear, Realistic Targets will help
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make me more focused.
to succesfully achieve and accomplish important personal and professional Goals.
Make the best use of my time
All of the Above.
what is the best way to communicate at work and in business?
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By Email
Text message
On Facebook
The Internet and Computer software
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Are very useful tools to communicate with and learn from
Are fun and great to play games on.
is good for only smart people.
In a meeting you should
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Stay quiet, not say anything
If asked a question, I should answer clearly and ask questions
Talk to my friends and look at my phone
Name
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First
Last
Email
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Submit
Week 2
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Why do I need a Business Plan
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I do not need one, I know what to do.
It will be a "Blueprint" for my success
Only to get me a Loan
Customers...
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Have Needs, Wants and Desires
No Idea what their Looking for
Do not Matter, I Decide everything
What is a Sole Proprietor
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A individual owner, set up in Business who takes all responsabilties
A partnership with many people
A corporation
What is Most Important about doing Market Research
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It will help me understand valuable information about "The Market"
To learn how to use the Internet
So I will be more clever than other people
What is the Best way to do Research and Study about Business
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Use the Internet
Read books, magazines and ask people
A combination of using the internet, asking people questions, reading books and magazines and take classes
Take Classes in Business
What does LLC stand for
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Limited Liability Company
Limited Loan and Credit
Liability Limit Corporation
Supply and Demand is
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Important to set prices of products and services
is for people to get the best deals
is used by banks to set interest rates
In a meeting you should
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Stay quiet, not say anything
If asked a question, I should answer clearly and ask questions
Talk to my friends and look at my phone
Name
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First
Last
Email
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Submit
Week 3
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When deciding what Business structure is best for your new company what is most important
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Location. Where I do Business. Home, office or Factory
Tax. How the business is taxed on profits
Whatever is the easiest to set up
Great Customer service provides a
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a great experience doing business and good comments or reviews
an easy way to get their money back
to help people make freinds
What is a LLC
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A individual owner, set up in Business who takes sole responsibility
A company with Limited Liability for the Owners with tax and legal issues
A corporation run by its shareholders
Who is, Head of the Company?
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Manager
CEO, or President
Employee
What is The Economy
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How Money exchanges hands in the country
How much money I have in the bank
What the bank owes me
The interest rate
In a meeting with your supervisor
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remind them that you are going to leave if you dont get a promotion
Speak clearly and listen. Be to the point in a polite and respectful manner
ignore them and talk to the higher managers only
Why does a good employee structure matter
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So everyone who is employed understands the company hierarchy and knows who's who and makes for a great place to work.
For Managers to push around employees
For a CEO to stay home or go play golf
Internal and External Customers
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are equally important and great customer service must be given always
Only external customers who pay me get good service.
Internal customers are not customers
The best way to communicate in a company is by
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Text Message
Email or Phone Call
Only in meetings
Name
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First
Last
Email
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Submit
Week 4
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What are the 4 p's of Marketing
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Location. Where I do Business. Home, office or Factory
Tax. How the business is taxed on profits
Whatever is the easiest to set up
Is Sales the same as Marketing
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a great experience doing business and good comments or reviews
an easy way to get their money back
to help people make freinds
What is Most Important in Sales
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A individual owner, set up in Business who takes sole responsibility
A company with Limited Liability for the Owners with tax and legal issues
A corporation run by its shareholders
Infographics Help with
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Company news
Nice looking posters to cover walls
Understanding important information
Marketing Strategies include
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Manager
CEO, or President
Employee
In Marketing, what methods are used?
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How Money exchanges hands in the country
How much money I have in the bank
What the bank owes me
The interest rate
What is most Important in Brand Development
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remind them that you are going to leave if you dont get a promotion
Speak clearly and listen. Be to the point in a polite and respectful manner
ignore them and talk to the higher managers only
Demographics are
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Give a detailed number of metrics which can be used for marketing to the right customers
Email or Phone Call
Only in meetings
What is most Important in Brand Development
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Consistency and Integrity to build a Powerful image
For Managers to push around employees
For a CEO to stay home or go play golf
Internal and External Customers
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are equally important and great customer service must be given always
Only external customers who pay me get good service.
Internal customers are not customers
Social Media is
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Used by people and business to share information
When used correctly this is a powerful tool for spreading a message
A digital platform that is permanently in place.
all the above
Name
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First
Last
Email
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Submit
Week 5
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Liabilities can be
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obligations
promises
responsibilities
all the above
Exit Strategy include
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thinking about the possibility of closing the business
I could sell, merge or expand the business
Good long term planning.
All the above
What is Most Important in Agreements
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That all parties understand what is agreed
That I get the best deal
I can do what I want to
Liabilities Obligations are usually
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Mandantory
not enforceable by law
words used by lawyers
Agreements
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Should be fair
Conditional
Clear, concise and understandable
all the above
Financial statements are
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Balance sheets of companies net worth
Profit and Loss statements
Cash Flow statements
All the above
Contracts are
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enforceable by law
only agreements on paper
handshake agreements
When You're the Boss
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Self Evaluation is good practice
I get to "call all the shots"
I can set my own schedule whenever I want
All the Above
Infographics Help with
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Reading Information or notices in a visual way
Making good looking posters
Showing the Goods for Sale
Employment Law
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Protects the workers from work related issues
Protects the employer from paying higher wages
Is not enforceable by law
Name
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First
Last
Email
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Submit
Week 6
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Why staying Motivated is Important
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Focus and purpose are powerful forces to help you accomplish goals
Helps to build confidence and a positive attitude
There are always ups and downs, however being motivated helps others also
all the above
Leadership it needed because
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It helps everyone "Do the right thing"
It inspires, organizes, and excites an orginization
Sets a direction
all of the above
Exit Strategy include
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thinking about the possibility of closing the business
I could sell, merge or expand the business
Good long term planning.
All the above
My first considerations in starting a Business
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Must include a self evaluation
Goals are laid out
Quality research has been done
All the above
When You're the Boss
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Self Evaluation is good practice
I get to "call all the shots"
I can set my own schedule whenever I want
All the Above
The Culture of My Business is
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My Vision, Ethics and Style is very important
what the customers want
automatically understood
Agreements
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Should be fair
Conditional
Clear, concise and understandable
all the above
Infographics Help with
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Reading Information or notices in a visual way
Making good looking posters
Showing the Goods for Sale
In Win-Win situations
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Everyone walks away happy.
ME winning is all I care about
Nobody likes them
Financial statements are
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Balance sheets of companies net worth
Profit and Loss statements
Cash Flow statements
All the above
Name
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First
Last
Email
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Submit
Home
About
Study Weeks
week 1
week 2
week 3
week 4
week 5
week 6
week 7
Whats next?
resources
For Educators
Blog
Community
Student work
grammar