Which company will make a profit? Why? Company A: Cost of Production- 30 Euros Sale Price- 29.99 Euros Company B: Cost of Production- 100 Euros Sale Price- 129.99 Euros
Company B will make profit because their sale price is higher than the cost of production.
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25
Will the person be able to reach his goal given the following situation? Goal: To save 2000 Euros for vacation next month. Savings: 1500 Euros Income: 1000 Euros Expense: Rent- 450 Euros Groceries- 100 Euros
No because the person lacks 290 Euros to achieve their goal.
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baam
Lose 5 points!
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shark
Other team loses 5 points!
Okay!
rocket
Go to first place!
Okay!
lifesaver
Give 15 points!
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20
What are the six (6) departments in companies found in your book?
Production Department, Research and Development Department, Purchasing Department, Marketing Department, Human Resources Department, Accounting and Finance Depa
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seesaw
Swap points!
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rocket
Go to first place!
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shark
Other team loses 20 points!
Okay!
banana
Go to last place!
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trap
No points!
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gift
Win 25 points!
Okay!
rocket
Go to first place!
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banana
Go to last place!
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15
What do you call an organization that offers products or services in exchange for money?
A Company
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15
What is a Public Service or Informative Advertising?
Itâs an advertisement which helps people in many ways.
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15
What are the two ways to put advertisements?
Through print media and electronic media.
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15
Magazines are what type of medium for advertisements?
They are print media.
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15
What is the basis of the economy?
Consumption
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15
Banknotes and coins are considered as what type of payment?
They are cash payments.
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15
What are medium- sized companies?
They are companies that have between 50 and 250 employees.
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15
A company which has fewer than 50 employees is called?
A small company.
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15
How do companies make profit?
They make profit when the price of the product or service is more than the cost of production.
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15
This type of advert links products with famous people like celebrities.
