A
B
C
D
E
100
money earned from business producing goods and services
What is profit?
100
development of new ideas, products and processes
What is innovation?
100
Freeby!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What is this?
100
organization that produces or distributes a good or service
What is a business?
100
reasons for business failure
What are economic causes, finance causes and disaster/fraud?
200
measure of economic success of a nation
What is GDP?
200
reasoning for spending billions of dollars inventing, buying and using technology
What is improvement on productivity?
200
letting workers decide how to perform their tasks
What is worker empowerment?
200
Industrial and commercial businessses
What are the two basic types of business?
200
three techniques that can improve effieciency and productivity in a business
What is specialization of effort, better technology and reorganization
300
FREEBY!!!!!!!!!!!!!!!!!!!!!!!
What is this?
300
empowering the workers causes _________
What is the improvement of quality of work?
300
Telecommunication
What is the fastest growing business?
300
business that is operated by one or few individuals
What is a small business?
300
using assembly line methods to produce large amounts of identical goods
What is mass production?
400
someone who starts, manages and owns a business
What is an entrepreneur?
400
True or False: launching a small business is easy
True
400
small businesses employ _______ as many people as large business lay off
What is twice?
400
legal agreement in which a distributor buys the right to sell the franchising company's product or service under the company's name or trademark
What is franchise?
400
two parties involved in a franchise
What is a franchisor and a franchisee?
500
risks of business ownership
What are competition, changes in prices, changes in style and changes in economic conditions?
500
amount of businesses in America
What is over seven million?
500
measure of a nation's economic wealth
What is GDP (Gross Domestic Product)?
500
having things that were once luxuries (refridgerators, microwaves, color televisions, etc)
What is the proof that the average American family is financially well off?
500
three basic activities all businesses perform
What is production, marketing and finance?
M
e
n
u