Sophia: Introduction To Business – FINAL MILESTONE,100% CORRECT ALL Q&A

1 question was answered incorrectly. 1 Which of the following is true regarding a mixed market economy?  Prices and production of goods are determined by a central planning authority.  Central government authority owns and operates certain types of businesses.  Some pricing fluctuates while other pricing is controlled by the government  Prices and production of goods are based on supply and demand. CONCEPT Economic Systems 2 A balance sheet provides which of the following?  The amount of cash going in and out of a business  A record of the company's operating expenses  The money earned or lost by a business for a set time period  A snapshot of a company's financial situation CONCEPT Financial Planning 3 In modern times, companies need to be socially responsible toward various stakeholders. Final Milestone Sophia Intro to Business When a company ensures that its products will not cause personal injury when used, the company is demonstrating particular consideration to which stakeholder?  Employees  Environment  Investors  Customers CONCEPT