Business Cycle/ Key Terms Review 2

At what step of the Business Cycle would a company need to update their products or expand their business?

• Step 1

• Step 2

• Step 3

• Step 4

At what step of the Business Cycle would you present your ideas to a group of investors

• Step 1

• Step 2

• Step 3

• Step 4

At what step of the Business Cycle would the competition be doing better than your business causing a decline in profit

• Step 1

• Step 2

• Step 3

• Step 4

At what step of the Business Cycle would you begin to create advertisements for your product?

• Step 1

• Step 2

• Step 3

• Step 4

At what step of the Business Cycle might you be forced to fire employees to save your company?

• Step 1

• Step 2

• Step 3

• Step 4

A business leader that uses questionable tactics

• Captain of Industry

• Robber Baron

• Philanthropist

• Stock

Facebook buying Instagram is an example of what?

• Vertical Integration

• Horizontal Integration

• Corporation

• Philanthropist

Someone that donates large sums of money to charity is called a what?

• Robber Baron

• Stock

• Philanthropist

• Communist

When your business controls every step in the process of making the product it is called what?

• Vertical Integration

• Horizontal Integration

• Stock

• Captain of Industry

Google is an example of a what?

• Monopoly

• Triopoly

• Capitalism

• Robber Baron