Mie 201 test 1 - Study guides, Class notes & Summaries

MIE 201 TEST 1 (Chapters 1-4)

business - Answer-individuals or organizations who try to earn a profit by providing products that satisfy people's needs products - Answer-a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit - Answer-the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - Answer-organizations that may provide goods or services but do not have the fundamental purpose of earning profi...

MIE 201 Test 1 Makanui Questions with correct Answers

MIE 201 Test 1 Question and answers 2023/2024 verified to passbusiness - correct answer any profit seeking organization that provides goods and services designed to satisfy customers' needs revenue - correct answer money a company brings in through the sale of goods and services business model - correct answer a concise description of how a business intends to generate revenue profit - correct answer money left over after all the costs involved in doing business have been deducted from...

MIE 201 Test ess - correct answer any profit seeking organization that provides goods and services designed to satisfy customers' needs revenue - correct answer money a company brings in through the sale of goods and services business model - correct answer a concise description of how a business intends to generate revenue profit - correct answer money left over after all the costs involved in doing business have been deducted from revenue competitive advantage - correct answer som...

MIE 201 TEST 1 (Chapters 1-4)

MIE 201 Test -1 - Makanui Questions and Correct Answers (elaborations) with 100% Accurate , Verified , Latest fully Updated , 2024/2025 ,Already Passed , Graded A+, Complete solutions guarantee distinctions Rationales

MIE 201 TEST 1 (Chapters 1-4)Revenue - correct answer money a company brings in through the sale of goods and services Business - correct answer any profit seeking organization that provides goods and services designed to satisfy customer's needs Business Model - correct answer a concise description of how a business intends to generate revenue Profit - correct answer money left over after all the costs involved doing business have been deducted from revenue Competitive Advantage - ...

MIE 201 Test 1 business - correct answer individuals or organizations who try to earn a profit by providing products that satisfy people's needs products - correct answer a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit - correct answer the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - correct answer organizations that may provide goods or services but do ...

MIE 201 Test 1