BUS 6600 Bookout Final Exam with Questions and Answers

BUS 6600 Bookout Final Exam with Questions and Answers Businesses collect ______ information on where people live, what they buy, and how they spend their time ANSWER demographic Efficiency means: ANSWER producing goods and services using the least amount of resources When corruption is present in the business environment: ANSWER company leaders may threaten competitors and minimize competition Businesses favor ______ government spending because it keeps taxes to a minimum ANSWER minimal Technology is helping turn products into services by ANSWER offering new ways to access items Businesses that produce and tell tangible products like steel and machines are part of the ______ industry ANSWER manufacturing Diversity means: ANSWER dealing sensitively with workers and cultures around the world What is an advantage of utilitizing technology? ANSWER Productivity increases