RHS Econ Unit 4

The stock market in general may be defined as which of the following?

Liability is when you take responsibility for yourself. Which business organization has the most per individual?

What is the first step in union-management negotiations?

Sadie and Taylor go to lunch and get the student discount. This is an example of:

A type of investment which confers ownership to the investors, and a chance to profit via dividends and capital gains is

The advertising technique that uses a famous person to endorse a product is

Which of the following is a horizontal merger?

The two ways to earn money from stock ownership are:

When a “real life” situation is used to sell a product, the advertising technique is called

What is the market structure for the automobile industry?

Mergers might result in

What is an example of a natural monopoly?

Which is easiest to start?

In a market economy, what keeps the prices low?

Adam & Brenden have an invention. They need $33 Mill. to get the factory & the start up supplies. They should start a:

Which of the following is an important disadvantage of a corporation?

Sole proprietorships and partnerships share the disadvantage of

An entrepreneur is someone who:

Corporations can raise capitol by:

A bus. org. which furnishes limited liability for owners, unlimited life for the firm, & ability to raise capital

A franchise can be described as

In pure competition