POB Objective 5

Business ethics involve considering issues about what is:

When prices increases, producers usually:

Businesses that successfully adapt to current market situations often realize that:

Which is a factor that affects the business environment?

The two main divisions of the trade industry are:

A vendor gives credit to Sams in return to use Sam as a supplier. What Federal Act is violating

Which group of words best describes wants?

Which is an example of an economic service?

If a business is not concerned about social responsibility, it is likely to:

Which would customers need to present at the time of purchase to get money taken off the price?

A U.S. company would decide to offer its product in other countries as a reason to:

Which occurs when the supply of individuals who are able to and willing to work diminishes?

A local dry cleaner that also launders and presses shirts is selling:

Which represents a natural risk for the owner of a delivery service?

In business terms, what is profit?

Which is an example of a speculative business risk?

One reason small businesses develop an organizational board of directors is usually because:

Equilibrium price of a good or service is determined by trial and error and exists when:

When a manufacturers give back part of the purchase price of an item to the customer, they are:

Which factor has aided the most in creating a global business environment?

Which is an example of ethical business behavior?

The formula that is generally used to measure productivity is:

Which is a reason that natural resources are considered limited?

The basic role of the United States government is to:

Which affects the business environment because it provides the most options for consumers?

Which situation would cause prices to rise?

Factors affecting the structure of a business include interpersonal relationships, task and

Which provides government protection of business property?

For a business, income remaining after payment of expenses is:

Countries who give free medical care, education and other benefits are referred as which state