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Marketing and Financial Concepts

Marketing and Financial Concepts

Assessment

Flashcard

Business

9th Grade

Practice Problem

Hard

Created by

Denis Tarpey

FREE Resource

Student preview

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20 questions

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1.

FLASHCARD QUESTION

Front

The primary purpose of marketing according to Theodore Levitt

Back

To find and keep customers.

2.

FLASHCARD QUESTION

Front

In the marketing mix, the "P" that refers to the locations where products or services are sold

Back

Place.

3.

FLASHCARD QUESTION

Front

The reason for the increase in product placement in recent years

Back

Growth in streaming services.

4.

FLASHCARD QUESTION

Front

Disposable income

Back

Money available after paying all expenses.

5.

FLASHCARD QUESTION

Front

The budget rule that suggests allocating 50% to needs, 30% to wants, and 20% to savings

Back

50/30/20 rule.

6.

FLASHCARD QUESTION

Front

What FICA is used to fund

Back

Social Security and Medicare.

7.

FLASHCARD QUESTION

Front

An example of a fixed expense

Back

Monthly rent.

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