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Exam (elaborations)
Intro to business Final exam| 1576 Questions | With Complete Solutions
Business correct answer: Any activity that seeks to make a profit by providing goods and services to others Consumer correct answer: A person who purchases the products/services Resource correct answer: Anything we can use to obtain or make what we need Public wants correct answer: Wants shared widely by others (water/education) private wants correct answer: Shared wants goods correct answer: Satisfy wants and needs for materials you can see or touch profit correct answer...
Classroom
Exam (elaborations)
Intro to Business Midterm (100% Accurate)
________ is the situation that occurs when government spending replaces spending by the private sector. correct answers Crowding Out A decline in real GDP that lasts for two consecutive quarters is called a(n): correct answers Recession Which of the following factors would most likely result in a dramatic change in supply? correct answers a change in the price of raw materials used in the production process Office Depot has instituted the Office Depot Advantage, a program in which a cus...
SirAnton
Exam (elaborations)
Intro to Business- Midterm Exam Questions and Answers
75% of start up capital for a business.. - savings, bank loans, and credit cards small businesses are independent businesses with fewer than how many employees - 500 specialists with responsibilities for specific parts of a company's operations - middle management Long Term Financing - money needed for main resources of a business start up financing - money needed for inventory, supplies, and licenses short term financing - money needed for operating activities of a business M...
UPPERFRONT
Exam (elaborations)
Intro To Business 100 Final Exam Study Guide Questions With Correct Answers
4 factors in marketing mix CORRECT ANSWER 1. Product 2. Price 3. Promotion 4. Distribution the marketing mix idea CORRECT ANSWER the idea is to develop a product customers want, price it effectively, distribute it to customers online and promote it so customers know it exists product CORRECT ANSWER _ designing a satisfying-want product _any physical goods, services or idea that satisfy customers plus anything that enhance products in the eyes of customers, such as a brand pricing CO...
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