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Quiz by Jeanette Clark

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22 questions
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  • Q1
    identifying
    defining
    30s
  • Q2
    a response style listeners use when they want to show that they identify with a speaker
    empathizing
    30s
  • Q3
    imagining, visioning
    ideating
    30s
  • Q4
    the process of building a model that demonstrates the features of a proposed product, service, or system
    prototyping
    30s
  • Q5
    the systematic comparison of different product designs
    testing
    30s
  • Q6
    Income remaining for a person/company to spend or save after all taxes have been paid
    disposable income
    30s
  • Q7
    Government policy that attempts to manage the economy by controlling taxing and spending.
    fiscal policy
    30s
  • Q8
    selling the right to use some process, trademark, patent, or other right for a fee or royalty
    licensing
    30s
  • Q9
    the business practice of selling the same good at different prices to different customers
    price discrimination
    30s
  • Q10
    the part of the economy that involves the transactions of individuals and businesses
    private sector
    30s
  • Q11
    the part of the economy that involves the transactions of the government
    public sector
    30s
  • Q12
    government payment to encourage or protect a certain economic activity
    subsidy
    30s
  • Q13
    A tax on imported goods
    tariff
    30s
  • Q14
    collection and interpretation of information about forces, events, and relationships in the external environment that may affect the future of the organization or the implementation of the marketing plan
    environmental scanning
    30s
  • Q15
    a formal written document that describes the nature of a business and how it will operate
    business plan
    30s

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