Mie 201 makanui Study guides, Class notes & Summaries

Mie 201 Makanui Chapter 1Business - correct answer tries to earn a profit by providing products that satisfy people's needs Products - correct answer the outcome of a business's efforts; can have tangible and intangible characteristics; goods, services, ideas profit - correct answer the primary goal of business; difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - correct answer do not have the fundamental purpose of ear...

MIE 201 Exam 1 Makanui Questions and Answers

MIE 201 Test 4 Makanui Questions & Answers 100% Correct MIE 201 Test 4 Makanui Questions & Answers 100% Correct MIE 201 Test 4 Makanui Questions & Answers 100% Correct MIE 201 Test 4 Makanui Questions & Answers 100% Correct marketing - ANSWERSa group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas exchange - ANSWERSthe act of giving up one thing (money, credit, labor, goods) in return for something else (goods, ser...

MIE 201 Exam 1 business - correct answer individuals or organizations who try to earn a profit by providing products that satisfy people's needs product - 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 organization - correct answer an organization whose goals do not include making a pers...

MIE 201 Exam 2: Chapters 4, 5, 8 Makanui NCSU Latest Update Graded A+ 3 types of business ownership - sole propreitorship - partnership - corporation sole proprietorships - businesses owned by one individual - the most common form of business organization in the United States - easiest and least expensive form of business to start - ex: tutoring/bookkeeping/landscaping etc... sole proprietorship advantages - simplicity - single layer of taxation - taxed at individual rates - pri...

MIE 201 Test #1 – Makanui – Q’s and A’s

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 d...

MIE 201 Test #1 - Makanui

MIE 201 Test 1 – Makanui Latest Version Graded A+ Environments of Business - economic - market - technological - social - legal and regulatory market environment - a company's target customers, the buying influences that shape the behavior of those customers, and competitors that market similar products to those customers economic environment - conditions and forces that affect the cost and availability of goods, services, and labor and thereby shape the behavior of buye...

MIE 201 Exam 2: Chapters 4, 5, 8 Makanui NCSU Exam/117 Q’s and A’s