What is a need?

What does scarcity mean?

What is a market economy?

What two main factors determine the price of a product or service?

What does the abbreviation GDP stand for?

What is an economic depression?

A phrase that describes borrowing

Describe the balance of trade.

What is a quota?

What is one of the greatest benefits associated with international business.

The agreement between two or more companies to share a business project.

The duty of a business to contribute to the well-being of a community.

The set of rules that govern the actions of employees or members of an organization.

A contract is

An example of a public utility is

What is a monopoly?

What is a contingent worker?

What is a company owned by one person?

A short written statement for the reason of a reason the business exists.

A person that takes all the risk to start a business and earn a profit

A small business is an independent business with less than

A business plan is

The source of owner supplied money depends on

Management is

Management style is the way a manager treats and involves employees

Leadership is

Human relations is the way people get along with each other.

Informal influence is

Ethics can be defined as

What is the minimum age to become part of a workforce

Downsizing is also known as

Compensation in forms other than direct payment are known as

The environment in which people work is know as

An organized group of employees who negotiate with employers about working conditions.

The term most closely related to diversity is

A career is a

The willingness of an employee to relocate is known as

Talent is a natural, inborn aptitude to do certain things

A resume is often accompanied by a/an

A two-way conversation between the employer and applicant is known as

An experienced employee who serves as a counselor to a new employee

The process of planning and executing the conception, pricing and promotion of a product is known as

The reasons consumers decide what products and services to purchase are called

Finding solutions to problems through carefully designed studies involving consumers is known as

Product costs + Operating costs + profit =

Distribution is

Buy one, get one free can be described as a

A paid form of communication through mass media is known as

The physical elements of a computer is know as

The "brain" of the computer is called the

If you purchase a product on Amazon you would be participating in

The use of technology to create product styles and designs is known as

Damage to software due to a hidden program code is known as a

All income that a business receives over a period of time is called

Payroll can be defined as

Process that combines raw materials and process goods into finished goods

Building a specific and unique product to meet the needs of one customer is known as

Exchanging the uncertainty of a possible large financial loss for a certain smaller payment is called

False information given to consumers in order to make a sale is called

If a person returns an item as new for a refund after using it, this violates the consumer responsibility to be