POBF Vocabulary Review 1.01 - 4.03

How products/services reach final customers and the businesses involved:

Presenting 2 carefully controlled alternatives to subjects:

Owners of a business are liable only up to the amount of investment in the business:

Changing and improving the form of another product:

Federal agency that monitors and enforces standards for air & water:

Process of producing a specific and exclusive product for a customer:

Obtaining products from nature or-using natural resources to grow:

Employment rewards for service in addition to salary (Company car):

Computer program designed to cause damage to computer files:

Virus that is disguised as a useful piece of software

Rise/fall of economic activity over time; includes prosperity, recession, depression, recovery:

To obtain, train, and compensate employees to accomplish the goals of the business:

Protection giving the owner the exclusive right to reproduce or distribute copies of their work

Designed to create consumer awareness of a product/service and use it.

Company’s unique identification for a product or service

Rules by which a corporation runs business:

A person who selects, purchases, uses or disposes of goods or services:

A written statement listing duties and responsibilities of a specific job:

A small number of consumers take part in a group discussion:

Items that can be physically weighted and measured:

Identifies how work will be done, who will do it, and what resources will be needed:

A legal agreement that gives an individual the right to market a company’s products:

Software that is not copyrighted and is free to copy and distribute:

When the government spends more on programs than it collects in taxes this happens:

To analyze information/set goals based on information/make decisions to accomplish the goals:

Moral guidelines that govern use of computers and information systems:

A business owned and operated by one person:

Managing the receiving, moving, and storing of supplies, materials, and finished products:

Limits working hours/types of jobs minors can do, and sets minimum wage, maximum hours, etc...

Agreement between two parties to exchange goods/services for something of value:

Type of ownership issued by all corporations, have voting rights:

Set of rules for guiding actions of employees/ members of an organization

Protects creative work of artists, authors & composers for lifetimes + 70 years:

Executives who are responsible for the overall direction of the business:

The reasons consumers decide what products and services to purchase: