unit 1 review
TRANSCRIPT
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Jeopardy
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KraftKraftAppleApple RIMRIM GoogleGoogle BombardierBombardier SonySony
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Final Jeopardy
Category
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Hmmnn,.question of the dayHmmnn,.question of the day
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Name the types of business ownership.
Name the types of business ownership.
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•Sole prop.
•Partnership
•Corporation
•Franchises
•Co-operatives
•Sole prop.
•Partnership
•Corporation
•Franchises
•Co-operatives
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What is a pro and a con of sole proprietorship?
What is a pro and a con of sole proprietorship?
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Answers varyAnswers vary
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What is the difference between a co-op and a corporation?
What is the difference between a co-op and a corporation?
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A.V.A.V.
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Who manages a corporation?Who manages a corporation?
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Board of directorsBoard of directors
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What happens if I’m a shareholder of google and I
want to vote, but cannot attend.
What happens if I’m a shareholder of google and I
want to vote, but cannot attend.
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proxyproxy
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What is a partnership agreement? Do you have to
have one?
What is a partnership agreement? Do you have to
have one?
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No.No.
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What is a dividend?What is a dividend?
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governancegovernance
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What is unlimited liability?What is unlimited liability?
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Personal assets can pay for debts if business assets don’t
cover them.
Personal assets can pay for debts if business assets don’t
cover them.
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What is a disadvantage of a franchise?
What is a disadvantage of a franchise?
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a.v.a.v.
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A ‘member’ is a part of which business structure?
A ‘member’ is a part of which business structure?
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Co-opCo-op
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Name one problem with this classroom!
Name one problem with this classroom!
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•Take your pick!•Take your pick!
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What are some of the perks we learned about at google?
What are some of the perks we learned about at google?
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Gym, cafeteria, hair cuts….Gym, cafeteria, hair cuts….
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What is the difference between a need and a want? Give an
example.
What is the difference between a need and a want? Give an
example.
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a.v.a.v.
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What is a luxury good (in your opinion).
What is a luxury good (in your opinion).
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Answers varyAnswers vary
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What is the law of supply?What is the law of supply?
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As price goes down, supply demanded goes down.
As price goes down, supply demanded goes down.
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What is the law of demand?What is the law of demand?
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•As price goes up, quantity demanded goes down.
•As price goes up, quantity demanded goes down.
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What is a factor that would affect the demand curve for
chocolate milk?
What is a factor that would affect the demand curve for
chocolate milk?
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•Answers vary•Answers vary
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Come to the board and label the supply and demand curve. Mark
market equilibrium.
Come to the board and label the supply and demand curve. Mark
market equilibrium.
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a.v.a.v.
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Explain the concept of owning a ‘share’.
Explain the concept of owning a ‘share’.
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a.v.a.v.
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How many times can you vote if you have one share of google? How many times can you vote if you have one share of google?
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onceonce