BBI2O Unit 1

A person or business that lies to the public is guilty of __________.

The ______________________ is the agreement reached by countries worldwide to reduce greenhouse gases in the atmosphere.

If supply is high, prices will go down.

A person using confidential info about a company to buy and sell shares is involved in ________________

Lower production costs decrease profits.

Parent company often advertises on behalf of all its operators

A(n) ______________ combines the skills and expertise of two different businesses so that both benefit.

A(n) ______________ occurs when two or more companies join together to become a single organization.

Knowing demand helps a business to decide how much of a good to produce

Unemployment affects demand.

________________ is the type of accounting fraud where accountants or senior executives divert funds for their own gain.

Allowing employees to work flexible hours is an example of:

An accountant who fradulently records assets and liabilities is committing ____________________

With ________________, owner's responsibility for business debts is restricted to the amount invested.

____________________ take advantage of the best resources of several countries.

The alliance between CBC and the Toronto Star is an example of a(n) ______________________.

If demand is high, prices will go down.

Paying a woman less than a man to do work of a similar nature is an example of:

Consumer decisions do not affect the economy.

The relationship of increasing the quantity supplied as prices increase is called the ______________________.

Operated by two or more people who share costs and responsibilities.

A(n) ________________ considers how goods and services will be produced, distributed and consumed

Competition keeps prices high

One vote per owner regardless of the number of shares owned.

Owner receives all of the profits and is responsible for all debts