Intro to business - Study guides, Class notes & Summaries

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FBLA- intro to business procedure- Exam Questions With Revised Correct Detailed Answers Guaranteed Pass 1) Business interruption insurance covers A) debts to suppliers. B) lost income. C) shoplifting. D) defective products. - ANSWER 2) A pure risk: A) is uncontrollable B) offers no opportunity for gain C) is speculative D) is uninsurable - ANSWER B) lost income. B) offers no opportunity for gain 3) Two desirable features of _____________ are that members ...

BUS 101 Intro To Business Exam Questions And Answers...

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Intro to Business (NCTI) Exam Questions and Answers 100% Correct Business - Correct Answer ️️ -organization that provides goods or services to earn profits Profits - Correct Answer ️️ -difference between a busi-ness's revenues and its expenses External Environment - Correct Answer ️️ -everything outside an organization's boundaries that might affect it Domestic Business Environment - Correct Answer ️️ -the environment in which a firm conducts its operations and derives...

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Intro to Business (NCTI) Exam Questions and Answers 100% Correct Business - Correct Answer ️️ -organization that provides goods or services to earn profits Profits - Correct Answer ️️ -difference between a busi-ness's revenues and its expenses External Environment - Correct Answer ️️ -everything outside an organization's boundaries that might affect it Domestic Business Environment - Correct Answer ️️ -the environment in which a firm conducts its operations and derives...

Business correct answer: Any activity that seeks to make a profit by providing goods and services to others Consumer correct answer: A person who purchases the products/services Resource correct answer: Anything we can use to obtain or make what we need Public wants correct answer: Wants shared widely by others (water/education) private wants correct answer: Shared wants goods correct answer: Satisfy wants and needs for materials you can see or touch profit correct answer...