,TABLE OF CONTENTS
c c c
CHAPTER 1: Taking Risks and Making Profits within the Dynamic Business Environment
c c c c c c c c c c c
CHAPTER 2: Understanding Economics and How It Affects Business
c c c c c c c c
CHAPTER 3: Doing Business in Global Markets
c c c c c c
CHAPTER 4: Demanding Ethical and Socially Responsible Behavior
c c c c c c c
CHAPTER 5: How to Form a Business
c c c c c c c
CHAPTER 6: Entrepreneurship and Starting a Small Business
c c c c c c c
CHAPTER 7: Management and Leadership
c c c c
CHAPTER 8: Structuring Organizations for Today’s Challenges
c c c c c c
CHAPTER 9: Production and Operations Management
c c c c c
CHAPTER 10: Motivating Employees
c c c
CHAPTER 11: Human Resource Management: Finding and Keeping the Best Employees
c c c c c c c c c c
CHAPTER 12: Dealing with Employee–Management Issues
c c c c c
CHAPTER 13: Marketing: Helping Buyers Buy
c c c c c
CHAPTER 14: Developing and Pricing Goods and Services
c c c c c c c
CHAPTER 15: Distributing Products
c c c
CHAPTER 16: Using Effective Promotions
c c c c
CHAPTER 17: Understanding Accounting and Financial Information
c c c c c c
CHAPTER 18: Financial Management
c c c
CHAPTER 19: Using Securities Markets for Financing and Investing Opportunities
c c c c c c c c c
CHAPTER 20: Money, Financial Institutions, and the Federal Reserve
c c c c c c c c
, Answers are at the end of Each chapter
c c c c c c c c
Chapter 1 c
Student name: c
1) Describe three ways that governments can foster entrepreneurship and encourage the
c c c c c c c c c c
creation of wealth
c c c
2) Describe how businesses can use technology to be more responsive to customers.
c c c c c c c c c c c
3) Competition among businesses has never been greater. Identifyand describe two ways
c c c c c c c c c c c
that businesses can become more competitive.
c c c c c c
4) What is demography? Identifytwo demographic trends in the United States and discuss
c c c c c c c c c c c c
how they will impactUnited States businesses.
c c c c c c
5) Describe what we mean by greening and thinking green. List five ways that people and
c c c c c c c c c c c c c c
businesses are participating in the green movement. List business opportunities that may emerge
c c c c c c c c c c c c c
from this movement.
c c c
6) Trace the evolution of American business. Identify the key trends, and discuss the
c c c c c c c c c c c c
implications these trends have for the future.
c c c c c c c
, 7) An entity that seeks to earn a profit by providing a good or service is known as a(n)
c c c c c c c c c c c c c c c c c
A) industry.
B) corporation.
C) business.
D) service.
8) is the amount a business earns after deducting what it spends for salaries and
c c c c c c c c c c c c c
other expenses.
c c
A) Profit
B) Revenue
C) Interest
D) Dividends
9) A business incurs a
c c c c if its costs and expenses exceed its revenues.
c c c c c c c
A) loss
B) liability
C) debit
D) dividend
10) is the chance a business owner will lose the time and money invested in a
c c c c c c c c c c c c c c
business that proves to be unprofitable.
c c c c c c
A) Depreciation
B) Risk
C) Opportunity
D) Redundancy
11) The total amount of money that businesses take in by selling goods and services is called
c c c c c c c c c c c c c c c
c c c
CHAPTER 1: Taking Risks and Making Profits within the Dynamic Business Environment
c c c c c c c c c c c
CHAPTER 2: Understanding Economics and How It Affects Business
c c c c c c c c
CHAPTER 3: Doing Business in Global Markets
c c c c c c
CHAPTER 4: Demanding Ethical and Socially Responsible Behavior
c c c c c c c
CHAPTER 5: How to Form a Business
c c c c c c c
CHAPTER 6: Entrepreneurship and Starting a Small Business
c c c c c c c
CHAPTER 7: Management and Leadership
c c c c
CHAPTER 8: Structuring Organizations for Today’s Challenges
c c c c c c
CHAPTER 9: Production and Operations Management
c c c c c
CHAPTER 10: Motivating Employees
c c c
CHAPTER 11: Human Resource Management: Finding and Keeping the Best Employees
c c c c c c c c c c
CHAPTER 12: Dealing with Employee–Management Issues
c c c c c
CHAPTER 13: Marketing: Helping Buyers Buy
c c c c c
CHAPTER 14: Developing and Pricing Goods and Services
c c c c c c c
CHAPTER 15: Distributing Products
c c c
CHAPTER 16: Using Effective Promotions
c c c c
CHAPTER 17: Understanding Accounting and Financial Information
c c c c c c
CHAPTER 18: Financial Management
c c c
CHAPTER 19: Using Securities Markets for Financing and Investing Opportunities
c c c c c c c c c
CHAPTER 20: Money, Financial Institutions, and the Federal Reserve
c c c c c c c c
, Answers are at the end of Each chapter
c c c c c c c c
Chapter 1 c
Student name: c
1) Describe three ways that governments can foster entrepreneurship and encourage the
c c c c c c c c c c
creation of wealth
c c c
2) Describe how businesses can use technology to be more responsive to customers.
c c c c c c c c c c c
3) Competition among businesses has never been greater. Identifyand describe two ways
c c c c c c c c c c c
that businesses can become more competitive.
c c c c c c
4) What is demography? Identifytwo demographic trends in the United States and discuss
c c c c c c c c c c c c
how they will impactUnited States businesses.
c c c c c c
5) Describe what we mean by greening and thinking green. List five ways that people and
c c c c c c c c c c c c c c
businesses are participating in the green movement. List business opportunities that may emerge
c c c c c c c c c c c c c
from this movement.
c c c
6) Trace the evolution of American business. Identify the key trends, and discuss the
c c c c c c c c c c c c
implications these trends have for the future.
c c c c c c c
, 7) An entity that seeks to earn a profit by providing a good or service is known as a(n)
c c c c c c c c c c c c c c c c c
A) industry.
B) corporation.
C) business.
D) service.
8) is the amount a business earns after deducting what it spends for salaries and
c c c c c c c c c c c c c
other expenses.
c c
A) Profit
B) Revenue
C) Interest
D) Dividends
9) A business incurs a
c c c c if its costs and expenses exceed its revenues.
c c c c c c c
A) loss
B) liability
C) debit
D) dividend
10) is the chance a business owner will lose the time and money invested in a
c c c c c c c c c c c c c c
business that proves to be unprofitable.
c c c c c c
A) Depreciation
B) Risk
C) Opportunity
D) Redundancy
11) The total amount of money that businesses take in by selling goods and services is called
c c c c c c c c c c c c c c c
