GENERAL BUSINESS - 98
Gospel Way Virtual Christian Center
Announcements:   Weeks 3 & 4 - book 2

Course Description:   
A study introducing upper-level high school students to the world of business. This course includes markets, consumer studies, advertising,
corporations and industries, careers in business, production, labor, federal control, international business, banking, and finance.

Instructors Notes:   Check your answers and make corrections.
Page 21 - Page 34

Required Resources:
  • ACE Pace workbook 98
  • Calculator
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Page 21
  1.) rational
  2.) emotional
  3.) patronage
  4.) rational
  5.) emotional
  6.) false
  7.) false
  8.) true
  9.) true
  10.) false

Page 22
  11.) c
  12.) e
  13.) d
  14.) f
  15.) b

  16.) b - emotional
  17.) a - rational
  18.) c - rational
  19.) a - rational
  20.) c - patronage

Page 24
  1.) advertising
  2.) a.) product or commodity
       b.) institutional
  3.) institutional
  4.) product

  1.) false
  2.) specialties
  3.) Gourmet food   (answer may vary)

Page 26
  1.) g
  2.) i
  3.) b
  4.) c
  5.) a
  6.) e
  7.) d

Page 27
  1.) jobs
  2.) competitive

Page 28
  3.) true
  4.) true

Page 29
  1.) ethics
  2.) b - truthfulness
  3.) a.) the advertising industry itself
       b.) specific advertising media
       c.) business
       d.) federal agencies
  4.) a.) Christian influence
       b.) Biblical principles
Student Note:
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1.) product
2.) specialties

Page 30
3.) production
4.) buy goods they do not need or cannot afford
5.) ethics

6.) c - outdoor and transit
7.) b - magazine
8.) a - newspaper
9.) c - radio
10.) b - direct mail

11.) a.) Christian influence
      b.) Biblical principles

SELF TEST

Page 31
1.) a.) statistics
   b.) behavior
2.) encouraged
3.) customer
4.) a.) seller   
    b.) buyer
5.) a.) level  
    b.) income
6.) a.) consumer  
    b.) industrial

Page 32
7.) false
8.) false
9.) true
10.) false
11.) true
12.) true
13.) true
14.) false
15.) false
16.) true

17.) d
18.) b
19.) c

Page 33
20.) g
21.) i
22.) b
23.) c
24.) a
25.) e
26.) d

27.) b - emotional
28.) a - rational
29.) c - patronage
30.) a - rational
31.) c - patronage

Page 34
32.) quality control or assurance
33.) ethics
34.) Biblical