RHS Econ Unit 4

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

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

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

What is the market structure for the automobile industry?

What is the first step in union-management negotiations?

In a market economy, what keeps the prices low?

Which of the following is a horizontal merger?

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

Mergers might result in

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

What is an example of a natural monopoly?

Sole proprietorships and partnerships share the disadvantage of

A franchise can be described as

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

Which is easiest to start?

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

An entrepreneur is someone who:

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

Corporations can raise capitol by:

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

In pure competition