POB Unit 5 Test

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

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

Bus' net profit if it has $762,750 in income, $291,400 in op expenses, and $238,930 in COG?

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

One reason that has caused the government's role in business to expand is that:

1 resason why small biz dev organizational design that requires a BOD is b/c the board usually:

The formula that is generally used to measure productivity is:

3 primary factors that affect the org struct of a bus r interpersonal, relationstions, tasks &

Which is a problem associated with communist command economies?

A group of ppl want to open a museum & charge admission to pay expenses. Will it be a business?

The two main divisions of the trade industry are:

The gov can borrow money from the private sector in order to pay the costs of regulation by:

A small-bus owner whose bus is a sole prop is planning to “go global.” What method best to rec?

A business selects goods or services to sell. Which type of risk is this business using?

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

Cust need to present at the time of purchase to get $ taken off the purchase price of the item?

The productivity of an individual worker can be measured by:

Which is a factor that affects the business environment?

Manu give back part of the purchase price of an item to the customer, the manu are engaged in:

3 emp each work 35 hrs/wk & produce a total of 9,765 items, what's the total hrly prod level?

The basic role of the United States government is to:

Which is an example of an economic factor that affects the business environment?

Who decides how goods and services will be marketed in a private enterprise economic system?

Which provides government protection of business property?

Countries whose govs provide citizens free med care, ed, & other benefits are referred to as?

In business terms, what is profit?