BUS/110.
BUSINESS
wiseman 2026/2027 BUSINESS
, BUS 101 Ch.1 Exam questions with
correct answers 2026/2027 Edition
Graded A+
business to consumer commerce - ✅✅A business that sells goods
and services over the internet to business, but not to the consumer is
engaged in
goods; services - ✅✅A business tries to earn a profit by providing
___ and ___ that satisfy people's needs and wants
Revenue - ✅✅The monetary value of what a firm received for
goods sold, services rendered, and other payments is termed
risk - ✅✅Although entrepreneurs expect to succeed, they must be
realistic and recognize that they are taking a(n) ___ because many
small businesses also fail every year
providing needed goods and services; providing jobs for workers;
paying taxes - ✅✅Businesses improve the quality of life in their
communities by