1|Page
BUS 6600 FINAL EXAM UPDATED 2025 2026
WITH ALL NEW QUESTIONS AND EXACTLY
RIGHT ANSWERS | A+ QUALITY GUARANTEE
Entrepreneurs weigh the differences between the benefits of starting a business and
those things that they are likely to forego because they choose to work for
themselves. Such things they are likely to pass up on are
employer-paid benefits such as paid vacation and health insurance.
Businesses collect __________ information on where people live, what they buy,
and how they spend their time.
demographic
Today's businesses attempt to meet the needs of
all stakeholders.
__________ is the amount a business earns after deducting what it spends for
salaries and other expenses.
Profit
In today's competitive environment, successful businesses are keenly focused on
their
Customers
,2|Page
For-profit businesses and nonprofit organizations are similar in that they both
contribute to the welfare of society
The total amount of money that businesses take in by selling goods and services is
called
revenue
As a factor of production, the term capital includes
tools, machinery, and buildings.
A(n) __________ is a person who assumes the risk of starting a business.
entrepreneur
Health care, insurance, recreation, and other intangible products are provided by
the
service industry
,3|Page
Often in business the greater the risk, the
greater the potential reward.
The series of lines on a product packaging that the cashier scans when you check
out at a grocery store or discount store is called a
b
The resources that contribute to the creation of wealth are known as
factors of production.
Which business policy would most likely help a single-parent family?
allowing family leave and flextime
As you consider the factors of production, what did management theorist Peter
Drucker believe to be one of the most important contributing factors to increasing
our nation's wealth?
knowledge
, 4|Page
It is most accurate to say that globalization
has greatly improved living standards around the world.
__________ is a measure of the general well-being and satisfaction derived from a
variety of factors including political freedom, safety, education, and a clean
environment.
quality of life
An electronic storage file where firms keep customer information is known as a(n)
Database
When we compare the factors of production in wealthy versus poor nations, we
find
wealthy nations have knowledge and entrepreneurial opportunities, while poor
nations are often lacking in these areas.
__________ studies the operation of a nation's economy as a whole.
BUS 6600 FINAL EXAM UPDATED 2025 2026
WITH ALL NEW QUESTIONS AND EXACTLY
RIGHT ANSWERS | A+ QUALITY GUARANTEE
Entrepreneurs weigh the differences between the benefits of starting a business and
those things that they are likely to forego because they choose to work for
themselves. Such things they are likely to pass up on are
employer-paid benefits such as paid vacation and health insurance.
Businesses collect __________ information on where people live, what they buy,
and how they spend their time.
demographic
Today's businesses attempt to meet the needs of
all stakeholders.
__________ is the amount a business earns after deducting what it spends for
salaries and other expenses.
Profit
In today's competitive environment, successful businesses are keenly focused on
their
Customers
,2|Page
For-profit businesses and nonprofit organizations are similar in that they both
contribute to the welfare of society
The total amount of money that businesses take in by selling goods and services is
called
revenue
As a factor of production, the term capital includes
tools, machinery, and buildings.
A(n) __________ is a person who assumes the risk of starting a business.
entrepreneur
Health care, insurance, recreation, and other intangible products are provided by
the
service industry
,3|Page
Often in business the greater the risk, the
greater the potential reward.
The series of lines on a product packaging that the cashier scans when you check
out at a grocery store or discount store is called a
b
The resources that contribute to the creation of wealth are known as
factors of production.
Which business policy would most likely help a single-parent family?
allowing family leave and flextime
As you consider the factors of production, what did management theorist Peter
Drucker believe to be one of the most important contributing factors to increasing
our nation's wealth?
knowledge
, 4|Page
It is most accurate to say that globalization
has greatly improved living standards around the world.
__________ is a measure of the general well-being and satisfaction derived from a
variety of factors including political freedom, safety, education, and a clean
environment.
quality of life
An electronic storage file where firms keep customer information is known as a(n)
Database
When we compare the factors of production in wealthy versus poor nations, we
find
wealthy nations have knowledge and entrepreneurial opportunities, while poor
nations are often lacking in these areas.
__________ studies the operation of a nation's economy as a whole.
