Question 1
pts
An electronic storage file where firms keep customer information is known as a(n)
database.
Question 2
pts
What is an advantage of utilizing technology in business?
Productivity increases.
Question 3
pts
A common characteristic of most entrepreneurs is that they
accept the risks involved in starting and managing a business.
Question 4
pts
As a factor of production, the term capital includes
tools, machinery, and buildings.
Question 5
pts
A nation progresses socially when it has good schools, clean air and water, and more. Which
statement accurately addresses conditions for social progress?
A city, state, or nation's social progress needs the right business environment.
Question 6
pts
Which statement about the competitive environment is most accurate?
Companies now have to offer both high-quality products and outstanding service at
competitive prices.
Question 7
pts
The standard of living for a nation's people depends mainly on
their income and the prices of the goods and services they can buy.
This study source was downloaded by 100000900412927 from CourseHero.com on 01-21-2026 11:57:53 GMT -06:00
https://www.coursehero.com/file/251549328/M1-Quiz-Survey-of-Business-Concepts-BUS-6600-XTIA-25T1-Bookoutdocx/
pts
An electronic storage file where firms keep customer information is known as a(n)
database.
Question 2
pts
What is an advantage of utilizing technology in business?
Productivity increases.
Question 3
pts
A common characteristic of most entrepreneurs is that they
accept the risks involved in starting and managing a business.
Question 4
pts
As a factor of production, the term capital includes
tools, machinery, and buildings.
Question 5
pts
A nation progresses socially when it has good schools, clean air and water, and more. Which
statement accurately addresses conditions for social progress?
A city, state, or nation's social progress needs the right business environment.
Question 6
pts
Which statement about the competitive environment is most accurate?
Companies now have to offer both high-quality products and outstanding service at
competitive prices.
Question 7
pts
The standard of living for a nation's people depends mainly on
their income and the prices of the goods and services they can buy.
This study source was downloaded by 100000900412927 from CourseHero.com on 01-21-2026 11:57:53 GMT -06:00
https://www.coursehero.com/file/251549328/M1-Quiz-Survey-of-Business-Concepts-BUS-6600-XTIA-25T1-Bookoutdocx/
