4th Grade

1
Airplanes
Peek
Copy
Cheat
(in Business)
5th Grade Monopoly
5th Grade Micro
5th Grade Prices
4th Grade Marketing
4th Grade Self
4th Grade Market Price
3rd Grade Marketing information.
3rd Grade Customers
3rd Grade Law
2nd Grade Production
2nd Grade Social
2nd Grade Econ
1st Grade Selling
1st Grade Shapes
1st Grade Demand
2
What is meant by price?1. Price is the actual
amount that customers pay and the methods of
increasing he value of the product to the
customers.Or is it..2. Price includes the
methods and information communicated to customers
to encourage purchases and increase their
satisfaction.
3
Did you say that price is the actual amount that
customers pay and the methods of increasing the
value of the product to the customers? You are
smarter than a 5th grader friends!
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4
What is a market?1. A market is the blending of
four marketing elements, product, distribution,
price and promotion by the business.Or is it2.
Market is the refers too the description of the
prospective customers a business wants to serve
and the location of those customers. .
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5
Did you say a market refers to the description of
the prospective customers a business wants to
serve and the location of those customer
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6
What is a production function?1. It is a
location where people bring products to be
conveniently exchanged or2. Creates or obtains
products or services for sale.
7
Do you say it creates or obtains products or
services for sale? If you did your are smarter
than a 5th grader?
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8

• What is a marketing information management
  person?
• Establishing and communicating the value of
  products and service to prospective customers.
• A person who will be obtaining, managing and
  using market information to improve decision
  making and the performance of marketing
  activities.

9
Did you say the Marketing information management
person was the person who would be obtaining,
managing, and using market information to improve
decision making and the performance of marketing
activities.
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10
What is meant by selling?1. Establishing and
communicating the value of products and service
in perspective customers.Or 2. Direct, personal
communications with prospective customers in
order to assess needs and satisfy those needs
with appropriate products and services
11
Did you say 2?

• Selling is direct, personal communication with
  prospective customers n order to assess needs and
  satisfy those needs with appropriate products and
  services

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12
What is Microeconomics?1. The studies of the
economic behavior and relationships of the entire
society. Or is it.2. The study of
relationships between individual consumers and
producers.
13
Did you answerMicroeconomics is the study of
relationships between individual consumers and
producers
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14
What is meant by Self regulation?1. Self
regulation is decisions and behavior based on
honest and fair standards.Or is it.2. Taking
personal responsibilities for actions is know as
self regulations.
15
Did you say - Taking personal responsibilities
for actions is know as self regulations. You are
so smart..
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16
Do you know what consumerism is?1. Consumerism
is the organized actions of group of consumers
seeking to increase their influence on business
practices. Or it it..2. A group of consumers
is dissatisfied with the actions or products of a
business they can organize a customer boycott.
17
Consumerism is the organized actions of group of
consumers seeking to increase their influence on
business practices
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18
What is the definition of social
responsibility?1. Social responsibility is the
organized actions of groups of consumers seeking
to increase their influence on business
practices. Or is it2. Social responsibility
is the trend today to be greater in expectation
for business to be socially responsible and to
aid in solving he problems facing society?
19
Did you say - Social responsibility is the trend
today to be greater in expectation for business
to be socially responsible and to aid in solving
the problems facing society?
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20
What is the most descriptive name for the shape
below.
21
Did you say Trapezoid? You dun graduated the
3rd grade!
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22
What is a monopoly?1. Customers have so
many choices of suppliers and the products of all
suppliers are similar. .Or is it2. A type of
economy that the market in which there is one
supplier offering a unique product.
23
A monopoly is a type of market in which there
is one supplier offering a unique product.
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24
Do you know what market price is?1. The point
where supply and demand for a product are
equal.Or is it.2. To determine the number of
computers that will actually be produced.
25
The point where supply and demand for a product
are equal.
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26
What is the law of Supply?1. When the price
of a product is increased more will be
produced..Or is it2. As the price goes down
fewer will be manufactured.
27
Brilliant! Did you say As the price goes down,
fewer will be manufactured because this is the
relationship that is known as the law of supply.
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28
What is economic resources?1. The graph of
the relationship between price and quantity
supplied is known as this.Or is it.2. Economic
resources are classified as natural resources,
capital , equipment, and labor.
29
Once again you graduated the 3rd grade!Economic
resources are classified as natural resources,
capital, equipment, and labor!
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30
What is a demand curve?1. The relationship
between price and the quantity demanded is often
illustrated in a graph. Or is it2. The way
business use the resources available to develop
products and services.
31
Ya.. you are smart! Demand curve is the
relationship between price and the quantity
demanded is often illustrated as a demand curve.
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