UNDERSTANDING BUSINESS 12TH EDITION BY
NICKELS COMPREHENSIVE SOLVED
QUESTIONS AND COMPLETE ANSWERS
◉ productivity.
Answer: The amount of output you generate given the amount of
input (e.g. hours worked).
◉ e-commerce.
Answer: The buying and selling of goods over the Internet.
◉ database.
Answer: An electronic storage file for information.
◉ identity theft.
Answer: The obtaining of individuals' personal information, such as
Social Security and credit card numbers, for illegal purposes.
◉ empowerment.
Answer: Giving front-line workers the responsibility, authority,
freedom, training, and equipment they need to respond quickly to
customer requests.
, ◉ demography.
Answer: The statistical study of the human population with regard
to its size, density, and other characteristics such as age, race,
gender, and income.
◉ climate change.
Answer: The movement of the temperature of the planet up or down
over time.
◉ greening.
Answer: The trend of saving energy and producing products that
cause less harm to the environment.
◉ Chapter 2.
Answer: Chapter 2
◉ economics.
Answer: The study of how society chooses to employ resources to
produce goods and services and distribute them for consumption
among various competing groups and individuals.
◉ macroeconomics.
NICKELS COMPREHENSIVE SOLVED
QUESTIONS AND COMPLETE ANSWERS
◉ productivity.
Answer: The amount of output you generate given the amount of
input (e.g. hours worked).
◉ e-commerce.
Answer: The buying and selling of goods over the Internet.
◉ database.
Answer: An electronic storage file for information.
◉ identity theft.
Answer: The obtaining of individuals' personal information, such as
Social Security and credit card numbers, for illegal purposes.
◉ empowerment.
Answer: Giving front-line workers the responsibility, authority,
freedom, training, and equipment they need to respond quickly to
customer requests.
, ◉ demography.
Answer: The statistical study of the human population with regard
to its size, density, and other characteristics such as age, race,
gender, and income.
◉ climate change.
Answer: The movement of the temperature of the planet up or down
over time.
◉ greening.
Answer: The trend of saving energy and producing products that
cause less harm to the environment.
◉ Chapter 2.
Answer: Chapter 2
◉ economics.
Answer: The study of how society chooses to employ resources to
produce goods and services and distribute them for consumption
among various competing groups and individuals.
◉ macroeconomics.
