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FBLA Intro to Business Exam |10 Questions and Answers (Verified)
FBLA Intro to Business Exam |10 Questions and Answers (Verified)
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FBLA Intro to Business Exam |10Questions and Answers (Verified)
The first step in the consumer decision-making process is called: - -problem
recognition
- ______ marketing involves developing a unique mix of goods and services
for each individual customer. - -One-to-one
- Limited liability for business debt is granted to: - -shareholders in S
corporations
- Groups of people such as worker who pool their money together for
savings and to make loans is called a: - -credit union
- When compared to a traditional savings account, a certificate of deposit is:
- -less liqued
liquid
liquid
- Employees often work with managers to develop a(n) _____ that outlines
the fundamental purposes of their organization. - -mission statement
- Spending a few hours observing someone in your chosen occupation is
called: - -job shadowing
- The conflict between unlimited wants and limited resources is known as: -
-scarcity
- All of the following are among the primary differences between a business
market and a consumer market except: - -purchase decisions to satisfy
needs
- ____ are rules about how businesses and employees should behave. - -
business ethics
-
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