GENERAL BUSINESS - 99
Gospel Way Virtual Christian Center
Announcements:   Weeks 3 & 4 - book 3

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 25 - Page 37

Required Resources:
  • ACE Pace workbook 99
  • Calculator
Page 25
4.) c
5.) h
6.) b
7.) a
8.) e
9.) i
10.) d

CHECK UP

1.) true
2.) false
3.) false
4.) false
5.) true

6.) exclusive control

Page 26
7.) a.) locating the prospective customer
b.) arranging to see the customer under the most favorable
   conditions
c.) developing the customer's desire for the product
d.) closing the sale
8.) self-service
9.) a.) retail
b.) store
10.) (any order)
a.) wholesalers
b.) retailers
c.) manufacturers
d.) consumers
11.) price

12.) i
13.) h
14.) e
15.) b
16.) a
17.) g
18.) f

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1.) quality
2.) advertising
3.) (any order)
a.) customer
b.) repair
4.) maintenance
5.) warranties

Page 30
1.) protection
2.) (any order)
a.) safety and the recall of defective goods
b.) development of procedures for handling consumer grievances
c.) improvement and standardization of product warranties
d.) provision of more information to consumers about goods offered
   for sale and their performance
3.) Ninetieth
4.) (any order)
a.) safety
b.) information
c.) choice
d.) a voice
5.) seller
6.) user

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7.) true
8.) true
9.) (any order)
a.) Food and Drug Administration
b.) Department of Agriculture
c.) Federal Trade Commission
d.) Securities and Exchange Commission
10.) false
11.) (any order)
a.) How much protection do I want?
b.) How much am I willing to pay for protection?

CHECK UP

1.) a.) wants
b.) goods
c.) services
2.) (any order)
a.) new sales
b.) repeat business
Page 32
3.) (any order)
a.) customer service
b.) repair service
4.) (any order)
a.) safety and the recall of defective goods
b.) development of procedures for handling consumer grievances
c.) improvement and standardization of product warranties
d.) provision of more information to consumers about goods
   offered for sale and their performance
5.) (any order)
a.) safety
b.) information
c.) choice
d.) a voice
6.) (any order)
a.) Food and Drug Administration
b.) Department of Agriculture
c.) Federal Trade Commission
d.) Securities and Exchange Commission
7.) buyer

8.) false
9.) true
10.) false
11.) true

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12.) true

SELF TEST

1.) false
2.) false
3.) true
4.) true
5.) false
6.) true
7.) true
8.) true

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9.) false
10.) true

11.) manufacturing
12.) Civil War
13.) World War II
14.) transportation
15.) transportation
16.) contract
17.) wholesalers
18.) a.) locating the prospective customer
b.) arranging to see the customer under the most favorable
     conditions
c.) developing the customer's desire for the product
d.) closing the sale
19.) a.) safety and the recall of defective goods
b.) development of procedures for handling consumer grievances
c.) improvement and standardization of product warranties
d.) provision of more information to consumers about goods
     offered for sale and their performance

Page 35
20.) o            25.) d            30.) j            35.) b
21.) p            26.) l             31.) c           36.) a
22.) n            27.) a             32.) i
23.) f             28.) q            33.) h
24.) m           29.) b            34.) e

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37.) c            40.) c             43.) b
38.) b            41.) c
39.) a            42.) a

Page 37
44.) c





COMPLETE ALL WORKBOOK ASSIGNMENTS AND MAKE
CORRECTIONS WHERE NEEDED.

STUDY THE MATERIAL COVERED.

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