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JeopardyCh 3 Ch 4 Culture
CustomerService Random
Q $100
Q $200
Q $300
Q $400
Q $500
Q $100 Q $100Q $100 Q $100
Q $200 Q $200 Q $200 Q $200
Q $300 Q $300 Q $300 Q $300
Q $400 Q $400 Q $400 Q $400
Q $500 Q $500 Q $500 Q $500
Final Jeopardy
$100 Question from H1
The organized way a nation provides for the needs and wants of its people.
$100 Answer from H1
What is: an Economy
$200 Question from H1
All the things used in producing goods and services
$200 Answer from H1
Resources
$300 Question from H1
Land, Labor, Capital, and Entrepreneurship
$300 Answer from H1
4 Factors of Production
$400 Question from H1
The physical development of a country. Which includes roads, ports, sanitation, facilities, and utilities, especially telecommunications
$400 Answer from H1
Infrastructure
$500 Question from H1
The difference between wants and needs and available resources
$500 Answer from H1
Scarcity
$100 Question from H2
Makes people all around the world potential customers and employees
$100 Answer from H2
Global Marketplace
$200 Question from H2
The exchange of goods and services among nations
$200 Answer from H2
International Trade
$300 Question from H2
The difference in value between exports and imports of a nation
$300 Answer from H2
Balance of Trade
$400 Question from H2
Letting another company use a trademark, patent, formula, company name, for a fee or royalty
$400 Answer from H2
Licensing
$500 Question from H2
A company’s use of an existing product and/or promotion to which changes are made to better suit the characteristics of a country or region
$500 Answer from H2
Adaptation
$100 Question from H3
______________ revolves around two things
1.Thoughtful consideration of the interests and feelings of others
2.Minimizing misunderstandings
$100 Answer from H3
Business Etiquette
$200 Question from H3
Knowing when to be passionate and not emotional or self-confident without being arrogant
$200 Answer from H3
Character
$300 Question from H3
It includes areas such as politics, history, faith, mentality, behavior and lifestyle.
$300 Answer from H3
Culture
$400 Question from H3
Key to success in international business
$400 Answer from H3
Cultural Sensitivity
$500 Question from H3
What is an example of a businesssituation when cultural sensitivity orlanguage created a problem?
$500 Answer from H3
Answer will vary
$100 Question from H4
Creates goodwill and customer satisfaction
$100 Answer from H4
Customer Service
$200 Question from H4
It is critical for them to plan forsituations that might put a strain on customer service
$200 Answer from H4
Managers
$300 Question from H4
These businesses share common traitsThey are customer focusedTake advantage of technologyAre forward thinkers
$300 Answer from H4
Service Oriented Businesses
$400 Question from H4
Businesses spend _____ to create an image that they care about their customers
$400 Answer from H4
Money or $
$500 Question from H4
Large businesses use _____________________•Track who buys the most products = who makes them the most $$•Who makes the most returns•Establish better relationships
$500 Answer from H4
Customer-relationshipmanagement software
$100 Question from H5
Natural resources are used as raw material for making goods and creating services that are marketed to customers.Climate and geography can also be an example
$100 Answer from H5
Land
$200 Question from H5
Refers to all the people who work.It includes:•Full/part time•Managers•Professionals in both private and public sectors
$200 Answer from H5
Labor
$300 Question from H5
Includes money to start and operate a business.Also includes the goods in the production process
$300 Answer from H5
Capital
$400 Question from H5
Refers to the skills of people who are willing to invest their time and money to run a business
$400 Answer from H5
Entrepreneurship
$500 Question from H5
When Honda entered China’s consumer market, it recognized that most Chinese people could not afford cars. The company targeted the motorcycle market instead.The people had a lower ___________?
$500 Answer from H5
Standard of Living
Final Jeopardy
This type of economy has three goals:1. Increase productivity2. Decrease unemployment3. Maintain stable prices
Final Jeopardy Answer
A Healthy Economy
