TEST BANK FOR CHEMISTRY 8TH EDITION BY ZUMDAHL

Chapter 1—Exploring the World of Business and Economics ESSAY 1. In your own words, describe what you “bring to the table” as a potential employee of a company that you desire to work for. ANS: Answer not provided. PTS: 1 REF: p. 5-7 OBJ: 1-1 NAT: AACSB: Communication TOP: Your Future in the Changing World of Business 2. How can online networking improve your chances of success in the business world? ANS: Answer not provided. PTS: 1 REF: p. 6 OBJ: 1-1 NAT: AACSB: Communication TOP: Your Future in the Changing World of Business 3. An entrepreneur combines four kinds of resources into a business. What would be the effect on the business if any one were left out? ANS: Answer not provided. PTS: 1 REF: p. 10 OBJ: 1-2 NAT: AACSB: Communication TOP: Business: A Definition 4. What is profit, and why is it important to a business? ANS: Answer not provided. PTS: 1 REF: p. 11 OBJ: 1-2 NAT: AACSB: Reflective Thinking TOP: Business: A Definition 5. What three activities must a business perform in order to be successful? Briefly describe each of these and why each is essential to business success. ANS: Answer not provided. PTS: 1 REF: p. 9 OBJ: 1-2 NAT: AACSB: Analytic TOP: Business: A Definition 6. Explain how the notion of scarcity is related to personal as well as business decision making.