27 May Question · A business’s core goal is to generate long term profits while delivering _____ to its customer
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A business’s core goal is to generate long term profits while delivering _____ to its customers.
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· Question 2
3 out of 3 points
As a factor of production, capital would include
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· Question 3
3 out of 3 points
Nonprofit organizations are not in the business of
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· Question 4
3 out of 3 points
In order to compete effectively, many companies have taken proactive steps to hire and nurture people from a broad range of backgrounds. This is an example of which business environment?
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· Question 5
3 out of 3 points
Business transactions that occur online are examples of
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· Question 6
0 out of 3 points
Doing business today without harming the ability of future generations to meet their needs is referred to as
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· Question 7
3 out of 3 points
The five key dimensions of the broader business environment include
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· Question 8
3 out of 3 points
_____ refers to the quality and quantity of products and goods available to a population at a given time.
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· Question 9
3 out of 3 points
Entrepreneurs
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· Question 10
3 out of 3 points
Business will incur a _____ when expenses are higher than revenue.
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quiz 2
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Types of corporations include
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· Question 2
3 out of 3 points
A(n) _____ occurs when two companies agree to combine operations to form a new company.
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· Question 3
3 out of 3 points
The _____ is the business entity in a franchise relationship that allows others to operate a business using resources it supplies in exchange for money and other considerations.
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· Question 4
3 out of 3 points
In most states, the document that owners must file in order to form a corporation is referred to as the
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· Question 5
3 out of 3 points
A _____ is a voluntary agreement between two or more people to jointly own a business.
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· Question 6
0 out of 3 points
Based on data gathered from the U.S. Census Bureau, _____ are less common than _____ but they tend to be larger and more profitable than _____.
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· Question 7
3 out of 3 points
A nonprofit corporation enjoys the benefit of
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· Question 8
3 out of 3 points
The _____is a relatively new and increasingly popular form of business ownership that is like a corporation in some ways and like a partnership in others.
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· Question 9
3 out of 3 points
A _____ merger is the combination of firms in the same industry.
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· Question 10
3 out of 3 points
Stockholders are _____ of a corporation. They have the right to vote on issues affecting the operation of the business.
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quiz 3
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A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.
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· Question 2
3 out of 3 points
Today the economies of virtually all nations would be classified as
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· Question 3
0 out of 3 points
The Consumer Price Index (CPI) measures the
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· Question 4
3 out of 3 points
The _____ shows the quantity of products that producers will offer at various market prices.
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· Question 5
3 out of 3 points
In the business cycle, a transition period of rising economic growth and increasing employment is a
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· Question 6
3 out of 3 points
Two key phases of the business cycle are
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· Question 7
3 out of 3 points
A basic characteristic of _____ is that both producers and consumers are free to make their own economic decisions on many basic issues.
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· Question 8
3 out of 3 points
The Federal Reserve is the _____ of the United States.
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· Question 9
3 out of 3 points
In the business cycle, a period in which GDP declines for at least two consecutive quarters is known as a(n)
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· Question 10
3 out of 3 points
The M2 money supply includes
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