Supply And Demand/Decision Making
Entrepreneurship
Business Ethics/Social Responsibility
Business Functions
Global Business
100

Increase in a products price, will reduce the amount of it being purchased because:

Elaticity

100

A person who works for someone else:

An Employee

100

One of the desired effects of a business with a positive reputation for CSR is:

There may be an improvement in employee satisfaction and staff retention.

100

Appeal to logic/reason

Logos

100

A factor of production

Labor speed

200

What demand will not cause a product to change?

 a change in the products price

200

What is the evaluation of your strengths and weaknesses?


Self Assessment

200

What is the name for laws intended to encourage business competition?

antitrust law

200

Appeal to emotion

Pathos

200

1 type of trade

Global trade

300

When cheaper alternatives to a product are easily accessible, demand for that product is likely to increase.

inelastic

300

What kind of entrepreneurial business manufactures the goods it sells?

Manufacturing 

300

Why is it important for companies to have an ethical strategy?

By defining appropriate practices outside of what the government can control, business ethics strengthen the law..

300

Appeal to credibility/character

Ethos

300

Something that can affect global trade

Competition

400

The price of complementary goods influences:

Supply

400

What kind of entrepreneurial enterprise offers goods to individuals other than the ultimate consumer?

Wholesaling

400

What is an unethical situation?

Socially inappropriate behavior or conduct that the general public deems unacceptable

400

Offers extra to get for free

Bribery

400

1 trade barrier

Tariff

500

What element influences a product's usefulness to a certain customer?

Consumer's Age

500

What kind of entrepreneurial enterprise offers goods directly to the consumers or users of them?

Retailing

500

Describe three business ethics models

Utilitarianism. Rights and duties. Virtue ethics.

500

Who is the top-level management

The CEO

500

The better amount and different types of products is an example of...

Global trade advantage

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