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TEST BANK For Understanding Business 13th Edition by Nickels, McHugh and McHugh; ISBN: 9781260894851, All 20 Chapters Covered, Verified Latest Edition£17.94
Understanding Business 13th Edition: 9781260894851
Understanding Business 13th Edition: 9781260894851
Exam (elaborations)
TEST BANK For Understanding Business 13th Edition by Nickels, McHugh and McHugh; ISBN: 9781260894851, All 20 Chapters Covered, Verified Latest Edition
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Understanding Business 13th Edition: 9781260894851
Institution
Understanding Business 13th Edition: 9781260894851
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Understanding Business
TEST BANK For Understanding Business 13th Edition by Nickels, McHugh and McHugh; ISBN: 978, All 20 Chapters Covered, Verified Latest Edition TEST BANK For Understanding Business 13th Edition by Nickels, McHugh and McHugh; ISBN: 978, All 20 Chapters Covered, Verified Latest Edition TEST BANK For Und...
CHAPTER 14: Developing and Pricing Goods and Services
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CHAPTER 15: Distributing Products
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CHAPTER 16: Using Effective Promotions
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CHAPTER 17: Understanding Accounting and Financial Information
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CHAPTER 18: Financial Management
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CHAPTER 19: Using Securities Markets for Financing and Investing Opportunities
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CHAPTER 20: Money, Financial Institutions, and the Federal Reserve
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, Answers are at the end of Each chapter vr vr vr vr vr vr vr vr
Chapter 1 vr
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1) Describe three ways that governments can foster entrepreneurship and encour
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age the creation of wealth
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2) Describe how businesses can use technology to be more responsive to customers.
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3) Competition among businesses has never been greater. Identify and describe two vr vr vr vr vr vr vr vr vr vr
ways that businesses can become more competitive.
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4) What is demography? Identify two demographic trends in the United States and dis
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cuss how they will impactUnited States businesses.
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5) Describe what we mean by greening and thinking green. List five ways that people
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and businesses are participating in the green movement. List business opportunities that
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may emerge from this movement.
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6) Trace the evolution of American business. Identify the key trends, and discus
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s the implications these trends have for the future.
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, 7) An entity that seeks to earn a profit by providing a good or service is known as a(n)
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A) industry.
B) corporation.
C) business.
D) service.
8) is the amount a business earns after deducting what it spends for salarie
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s and other expenses.
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A) Profit
B) Revenue
C) Interest
D) Dividends
9) A business incurs a
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A) loss
B) liability
C) debit
D) dividend
10) is the chance a business owner will lose the time and money invested
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in a business that proves to be unprofitable.
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A) Depreciation
B) Risk
C) Opportunity
D) Redundancy
11) The total amount of money that businesses take in by selling goods and services is call
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ed
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