TEST BANK
Understanding Business,
13th Edition by William Nickels and McHugh,
All Chapters 1-20
,TABLE OF CONTENTS
U U U
CHAPTERU1:UTakingURisksUandUMakingUProfitsUwithinUtheUDynamicUBusinessUEnvironment
CHAPTERU2:UUnderstandingUEconomicsUandUHowUItUAffectsUBusiness
CHAPTERU3:UDoingUBusinessUinUGlobalUMarkets
CHAPTERU4:UDemandingUEthicalUandUSociallyUResponsibleUBehavior
CHAPTERU5:UHowUtoUFormUaUBusinessU
CHAPTERU6:UEntrepreneurshipUandUStartingUaUSmallUBusiness
CHAPTERU7:UManagementUandULeadership
CHAPTERU8:UStructuringUOrganizationsUforUToday’sUChallenges
CHAPTERU9:UProductionUandUOperationsUManagement
CHAPTERU10:UMotivatingUEmployees
CHAPTERU11:UHumanUResourceUManagement:UFindingUandUKeepingUtheUBestUEmployees
CHAPTERU12:UDealingUwithUEmployee–ManagementUIssues
CHAPTERU13:UMarketing:UHelpingUBuyersUBuy
CHAPTERU14:UDevelopingUandUPricingUGoodsUandUServices
CHAPTERU15:UDistributingUProducts
CHAPTERU16:UUsingUEffectiveUPromotions
CHAPTERU17:UUnderstandingUAccountingUandUFinancialUInformation
CHAPTERU18:UFinancialUManagement
CHAPTERU19:UUsingUSecuritiesUMarketsUforUFinancingUandUInvestingUOpportunities
CHAPTERU20:UMoney,UFinancialUInstitutions,UandUtheUFederalUReserve
,AnswersUareUatUtheUendUofUEachUchapterU
Chapter 1 U
StudentUname:
1) DescribeUthreeUwaysUthatUgovernmentsUcanUfosterUentrepreneurshipUandUencourag
eUtheUcreationUofUwealth
2) DescribeUhowUbusinessesUcanUuseUtechnologyUtoUbeUmoreUresponsiveUtoUcustomers.
3) CompetitionUamongUbusinessesUhasUneverUbeenUgreater.UIdentifyUandUdescribeUtwoU
waysUthatUbusinessesUcanUbecomeUmoreUcompetitive.
4) WhatUisUdemography?UIdentifyUtwoUdemographicUtrendsUinUtheUUnitedUStatesUandUdisc
ussUhowUtheyUwillUimpactUnitedUStatesUbusinesses.
5) DescribeUwhatUweUmeanUbyUgreeningUandUthinkingUgreen.UListUfiveUwaysUthatUpeopleUan
dUbusinessesUareUparticipatingUinUtheUgreenUmovement.UListUbusinessUopportunitiesUthatUmayUe
mergeUfromUthisUmovement.
6) TraceUtheUevolutionUofUAmericanUbusiness.UIdentifyUtheUkeyUtrends,UandUdiscussU
theUimplicationsUtheseUtrendsUhaveUforUtheUfuture.
, 7) AnUentityUthatUseeksUtoUearnUaUprofitUbyUprovidingUaUgoodUorUserviceUisUknownUasUa(n)
A) industry.
B) corporation.
C) business.
D) service.
8) isUtheUamountUaUbusinessUearnsUafterUdeductingUwhatUitUspendsUforUsalarie
sUandUotherUexpenses.
A) Profit
B) Revenue
C) Interest
D) Dividends
9) AUbusinessUincursUaU ifUitsUcostsUandUexpensesUexceedUitsUrevenues.
A) loss
B) liability
C) debit
D) dividend
10) isUtheUchanceUaUbusinessUownerUwillUloseUtheUtimeUandUmoneyUinvested
UinUaUbusinessUthatUprovesUtoUbeUunprofitable.
A) Depreciation
B) Risk
C) Opportunity
D) Redundancy
11) TheUtotalUamountUofUmoneyUthatUbusinessesUtakeUinUbyUsellingUgoodsUandUservicesUisUcall
ed
Understanding Business,
13th Edition by William Nickels and McHugh,
All Chapters 1-20
,TABLE OF CONTENTS
U U U
CHAPTERU1:UTakingURisksUandUMakingUProfitsUwithinUtheUDynamicUBusinessUEnvironment
CHAPTERU2:UUnderstandingUEconomicsUandUHowUItUAffectsUBusiness
CHAPTERU3:UDoingUBusinessUinUGlobalUMarkets
CHAPTERU4:UDemandingUEthicalUandUSociallyUResponsibleUBehavior
CHAPTERU5:UHowUtoUFormUaUBusinessU
CHAPTERU6:UEntrepreneurshipUandUStartingUaUSmallUBusiness
CHAPTERU7:UManagementUandULeadership
CHAPTERU8:UStructuringUOrganizationsUforUToday’sUChallenges
CHAPTERU9:UProductionUandUOperationsUManagement
CHAPTERU10:UMotivatingUEmployees
CHAPTERU11:UHumanUResourceUManagement:UFindingUandUKeepingUtheUBestUEmployees
CHAPTERU12:UDealingUwithUEmployee–ManagementUIssues
CHAPTERU13:UMarketing:UHelpingUBuyersUBuy
CHAPTERU14:UDevelopingUandUPricingUGoodsUandUServices
CHAPTERU15:UDistributingUProducts
CHAPTERU16:UUsingUEffectiveUPromotions
CHAPTERU17:UUnderstandingUAccountingUandUFinancialUInformation
CHAPTERU18:UFinancialUManagement
CHAPTERU19:UUsingUSecuritiesUMarketsUforUFinancingUandUInvestingUOpportunities
CHAPTERU20:UMoney,UFinancialUInstitutions,UandUtheUFederalUReserve
,AnswersUareUatUtheUendUofUEachUchapterU
Chapter 1 U
StudentUname:
1) DescribeUthreeUwaysUthatUgovernmentsUcanUfosterUentrepreneurshipUandUencourag
eUtheUcreationUofUwealth
2) DescribeUhowUbusinessesUcanUuseUtechnologyUtoUbeUmoreUresponsiveUtoUcustomers.
3) CompetitionUamongUbusinessesUhasUneverUbeenUgreater.UIdentifyUandUdescribeUtwoU
waysUthatUbusinessesUcanUbecomeUmoreUcompetitive.
4) WhatUisUdemography?UIdentifyUtwoUdemographicUtrendsUinUtheUUnitedUStatesUandUdisc
ussUhowUtheyUwillUimpactUnitedUStatesUbusinesses.
5) DescribeUwhatUweUmeanUbyUgreeningUandUthinkingUgreen.UListUfiveUwaysUthatUpeopleUan
dUbusinessesUareUparticipatingUinUtheUgreenUmovement.UListUbusinessUopportunitiesUthatUmayUe
mergeUfromUthisUmovement.
6) TraceUtheUevolutionUofUAmericanUbusiness.UIdentifyUtheUkeyUtrends,UandUdiscussU
theUimplicationsUtheseUtrendsUhaveUforUtheUfuture.
, 7) AnUentityUthatUseeksUtoUearnUaUprofitUbyUprovidingUaUgoodUorUserviceUisUknownUasUa(n)
A) industry.
B) corporation.
C) business.
D) service.
8) isUtheUamountUaUbusinessUearnsUafterUdeductingUwhatUitUspendsUforUsalarie
sUandUotherUexpenses.
A) Profit
B) Revenue
C) Interest
D) Dividends
9) AUbusinessUincursUaU ifUitsUcostsUandUexpensesUexceedUitsUrevenues.
A) loss
B) liability
C) debit
D) dividend
10) isUtheUchanceUaUbusinessUownerUwillUloseUtheUtimeUandUmoneyUinvested
UinUaUbusinessUthatUprovesUtoUbeUunprofitable.
A) Depreciation
B) Risk
C) Opportunity
D) Redundancy
11) TheUtotalUamountUofUmoneyUthatUbusinessesUtakeUinUbyUsellingUgoodsUandUservicesUisUcall
ed
