BUS 201 TESTS COMPILATION BUNDLE

Economic System correct answer: The way in which a nation allocates its resources among its citizens. Factors of Production correct answer: Resources used to produce goods and services. 4 factors: labour, capital, entrepreneurs and natural resources Command Economy correct answer: An econo...

T/F: Crimes are prosecuted by the government. correct answer: True T/F: The ethical responsibility of business if formed only by expectations employees have of employers. correct answer: False T/F: A court must have different types of jurisdiction to decide any particular case. correct an...

Sustainability correct answer: meeting the needs of the present without compromising the ability of future generations to meet their own needs Triple Bottom Line correct answer: considering business from economic, environmental and social perspectives and measures business performances enlig...

descriptive statistics correct answer: methods of organizing, summarizing, and presenting data in an informative way inferential statistics correct answer: A decision, estimate, prediction, or generalization about a population, based on a sample. Population correct answer: a collection of a...

UCC correct answer: modifies terms of a contract that are silent Sale correct answer: Passing title from seller to buyer for a price. Price may be in cash or in other goods or services Article 2 correct answer: Modifies the common law of contracts in certain areas, especially if one of the ...

BUS 201 Exam Questions And Answers With Complete Solutions

BUS 201 Quizzes Questions And Answers With Complete Solutions

Benefits of a corporation include easier to transfer ownership, raise funds, and no personal liability. Stockholders' equity is comprised of common stock and retained earnings the definition of accounting the info system that identifies records, and communicates economic events of an organiza...

Describe what stressors are as well as the outcomes of stress. correct answer: events or contexts that cause a stress reaction by elevating levels of adrenaline and forcing a physical or mental response Physiological: nervousness, headaches, anger Psychological: Depression and anxiety Work...

Benchmarks correct answer: constitution treaties constitution as a benchmark (source of the law) correct answer: divine document, all laws must comply with the Constitution. Our rights are protected through it. Establishes the checks and balances of the government(limits it). 3 branches of ...

BUS201 Final Exam - Prof. Dean Hines- These are all correct!

BUS 201 FINAL EXAM QUESTIONS AND ANSWERS

BUS 201 comprehensive exam| 155 Questions| With Complete Solutions

Bus 201 Final Exam Questions with complete solutions