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Exam (elaborations)
Bbb4M - Chapter 1 Exam Questions And Answers
BBB4M - Chapter 1 Business (aka Trade) - Answer- manufacture/sell goods/services to satisfy consumer wants & needs to make profit. Transaction - Answer- Exchange of something of value - domestic & int'l - type of transaction depends on companies involved, not product. ex) CDN selling chinese made equip to another CDN business = domestic Domestic Business - Answer- -makes most transactions inside country (local & national) - ex) a business in, owned by, relies on products/servi...
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Exam (elaborations)
Bbb4M Chapter 1 Exam Questions And Answers
PopularBBB4M CHAPTER 1 business - Answer-the manufacturing and or sales of goods and or services to satisfy the wants and needs of consumers to make a profit transaction - Answer-an exchange of things of value domestic business - Answer-makes most of transactions in country its based international business - Answer-business that conducts financial transactions outside of its native country trade - Answer-the action of buying and selling goods and services interdependence - Answer-A re...
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