Intro to Business Final Exam Questions with correct Answers

Intro to Business Final Exam Questions with correct Answers The difference between a(n) _____ budget and a(n) _____ budget is that the former focuses on unpredictable or uncertain factors, such as future profits, and the latter deals with fixed costs, such as rent and compensation. A presentation is generally more _____, such as a report of yearly profits to the executive board, or _____, such as a proposal that the business branch out into a new market. The amount of money you earn at your job, and the manner in which you receive that money, is called compensation. The Federal Trade Commission has the authority to regulate how businesses represent their products and services to consumers. When considering its social responsibility, a business should be supportive of all but which of the following? A store like Barnes & Noble that operates both on the Internet and in physical stores is often called a(n) _____. Communication is one of the least important aspects as you're building a business. Product _____ is the area of law in which manufacturers, distributors, and merchants of goods are held responsible for any damages done to consumers by goods purchased. Mission, Vision, Values, and Strategy are the four concepts central to the formulation of a _____.