Jeopardy Ch 3Ch 4Culture Customer Service Random Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 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 business situation when cultural sensitivity or language 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 for situations that might put a strain on customer service

$200 Answer from H4 Managers

$300 Question from H4 These businesses share common traits They are customer focused Take advantage of technology Are 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-relationship management 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 productivity 2.Decrease unemployment 3.Maintain stable prices

Final Jeopardy Answer A Healthy Economy