Chapter 1 - BUS 6600 QUESTIONS
WITH ANSWERS
Business - CORRECT ANSWERS ✔✔any activity that seeks
to provide goods and services to others while operating
at a profit
Business Environment - CORRECT ANSWERS ✔✔the
surrounding factors that either help or hinder the
development of businesses
Climate Change - CORRECT ANSWERS ✔✔the movement
of the temperature of the planet up or down over time
Database - CORRECT ANSWERS ✔✔an electronic storage
file for information
Demography - CORRECT ANSWERS ✔✔the statistical
study of the human population with regard to its size,
density, and other characteristics such as age, race,
gender, and income
E-Commerce - CORRECT ANSWERS ✔✔the buying and
selling of goods over the internet
, Empowerment - CORRECT ANSWERS ✔✔giving frontline
workers the responsibility, authority, freedom, training,
and equipment they need to respond quickly to customer
requests
Entrepreneur - CORRECT ANSWERS ✔✔a person who risks
time and money to start and manage a business
Factors of Production - CORRECT ANSWERS ✔✔The
resources used to create wealth: land, labor, capital,
entrepreneurship, and knowledge.
Goods - CORRECT ANSWERS ✔✔Tangible products such as
computers, food, clothing, cars, and appliances.
Greening - CORRECT ANSWERS ✔✔the trend toward
saving energy and producing products that cause less
harm to the environment
identity theft - CORRECT ANSWERS ✔✔the obtaining of
individual's personal information such as social security
number and credit card numbers for illegal purposes
WITH ANSWERS
Business - CORRECT ANSWERS ✔✔any activity that seeks
to provide goods and services to others while operating
at a profit
Business Environment - CORRECT ANSWERS ✔✔the
surrounding factors that either help or hinder the
development of businesses
Climate Change - CORRECT ANSWERS ✔✔the movement
of the temperature of the planet up or down over time
Database - CORRECT ANSWERS ✔✔an electronic storage
file for information
Demography - CORRECT ANSWERS ✔✔the statistical
study of the human population with regard to its size,
density, and other characteristics such as age, race,
gender, and income
E-Commerce - CORRECT ANSWERS ✔✔the buying and
selling of goods over the internet
, Empowerment - CORRECT ANSWERS ✔✔giving frontline
workers the responsibility, authority, freedom, training,
and equipment they need to respond quickly to customer
requests
Entrepreneur - CORRECT ANSWERS ✔✔a person who risks
time and money to start and manage a business
Factors of Production - CORRECT ANSWERS ✔✔The
resources used to create wealth: land, labor, capital,
entrepreneurship, and knowledge.
Goods - CORRECT ANSWERS ✔✔Tangible products such as
computers, food, clothing, cars, and appliances.
Greening - CORRECT ANSWERS ✔✔the trend toward
saving energy and producing products that cause less
harm to the environment
identity theft - CORRECT ANSWERS ✔✔the obtaining of
individual's personal information such as social security
number and credit card numbers for illegal purposes
