Business Midterm Chapter 1,2,5

Whichof the following is the leading cause of today's small business failures?

Apartnership is ________.

IfSmith Steel buys Kennedy Iron Ore to assure itself of a constant flow of ore,this is a

Feedback from customers is an example of a(n) ________ that requires organizational change.

Consumer Rights include all of the following EXCEPTthe right to ________.

Whena business employs an outside company to handle a task it would otherwise do internally =

Which of the following statements is correct?

If Microsoft decides to invest by acquiring fellowSeattle-based Starbucks Coffee. This is a

Diverseemployee teams tend to perform _____ and develop ____ than do homogenousemployee groups.

A situation where a business decision may beinfluenced by the potential for personal gain is a_

Business ethics begins with ________.

Ifbusiness owners in a partnership wish to limit liability, they have the optionto ________.

TimberTrails, a Northwest lumber company, utilizes ________ as its primary productionfactor.

The factors of production in an economic system are

Blogsand social networking use __________ to manage relationships.

Greg buys a McDonald's franchise. Greg is the ________ and ________ for McDonald's.

Technology has ________ ethical issues.

The main federal regulatory agency in settingworkplace safety and health standards is the_____

AppleiPods sold on Amazon's Web site signify the formation of a ________ to increaseprofits.

 _is essential because it is a primary incentive for people to startcompanies and expand them.

Corporationshave all of the following advantages EXCEPT ________.

Thetwo principal parties in a franchising agreement are the ________.

Embellishing your résumé shows a lack of ______ and______.

Sole proprietorships have all of the following advantages EXCEPT ________.