Category 1
A business is an entity that offers _______ to customers to earn a profit?
What are products
What is the traditional royalty fee that a franchisee pays to a franchisor?
What is 6-10%
What is the golden rule?
What is treating others as you would like to be treated
Living ethically is good for your health due to decreasing factors like ____ and ____.
What is stress and anger
Three examples of social media networking sites are
What is Pintrest, Facebook, and Twitter (X)
A __________ business benefits society by providing goods and services that consumers need and want.
What is successful?
A type of business where the business sells its products under the company's name to an independent third party operator
What is a franchise
Not caring about the moral consequences of your actions is called
What is ammoral behavior
Competition arises when two or more businesses vie with one another to _____ and gain an advantage.
What is attract customers
Tax revenues make up less than _____% of the US economy.
What is 20%
The following represent what kind of groups?
Gender, culture, religion, sexual orientation, disability
What are minorities
Mark Zuckerberg, Jeff Bezos, Pierre Omidyar, and John Donahoe are all what kind of entrepreneurs?
What are internet entrepreneurs
Laws are ______.
What are three off the job concepts that relate to job performance?
What is behavior, integrity, and honesty
This type of financing option is ideal for new business owners because, unlike banks, this source does not require high rates of return on the money they have invested
What are family and friends
In what year did both Amazon and eBay launch?
What is 1995
I general, most businesses have less than ___ employees.
What is 500
_____ are based on religious systems, cultural influences, and have been passed down from generation to generation.
What are ethics
Being flexible with ethical standards in the workplace can often take a toll on these three things
What is mental state, relatinoships, and physical health
You can check the legal compliance of a corporation by _______.
What is checking charges that have been filed against the company
Who is Karl Marx.
The CPI measures the what of consumer goods?
What is the change in price.
What is peak, recession, trough, and expansion and recovery
Which Harvard professor created situational ethics?
Who is Joseph Fletcher
Gazelle companies represent approximately ____% of businesses as a whole.
What is 15%