Show:
chapter 1
chapter 2
chapter 10 and 11
chapter 16
vocab
100
what is the first step in the decision making process
What is identify the problem
100
what economy is the united states
What is mixed economy
100
which of the following is not a type of trade barrier? A) quota B) embargo C) tariff D) tourism
What is tourism
100
This act was passed to strengthen laws protecting workers from discrimination on the basis of gender, ethnicity, or other aspects of identity? A) Diversity in Employment Act B) Age Discrimination Act C) Americans with Disabilities Act D) Equal Employment Opportunity Act
What is Equal Employment Opportunity Act
100
Anything that people can use, such as fuel, labor, or money, to make or obtain what they need or want
What is resource
200
what do you ask your self when you are trying to discover your self in business and determine your career and purchases
What is what do you like?
200
natural resources become factors of production
What is when they are used to produce goods
200
what do anti trust laws protect. A) trusts B) competition C) states rights D) the environment
What is Competition
200
which would fit more a formal corporate culture? A) telecommuting B) flexible work hours C) fixed work hours D) blue jeans and T-shirts
What is fixed work hours
200
the price which the amount of goods producers supply meets the amount of goods the consumers demand.
What is Equilibrium price
300
what motivates business
What is profit and competition
300
what is one question you can ask when making decisions about production
What is 1) what should be produced. 2) how should it be produced. 3) who should share in what is produced.
300
who is the single largest provider of services in the united states? A) private business B) non profit business C the government D trusts
What is the government
300
the age discrimination in employment act was passed a few years ago to protect which group of workers? A) people under 18 B) People over 40 C) women D members of ethnic minorities
What is People over 40
300
a tax placed on imported products to make them more expensive than domestic products.
What is tariff
400
what are the two roles that we play in business
What is wage earner and consumer
400
give an example of a country that is capitalist economy
What is japan
400
what are payments the government gives to some businesses to make up for their losses called? A) revenue B) patents C) tax incentives D) subsidies
What is subsidies
400
what is identifying someone by a single trait or as a member of a certain group rather than as an individual is called? A) Hierarchy B) Bureaucracy C diversity training D stereotyping
What is stereotyping
400
a legally protected brand name trade name or trade characteristics that distinguishes one product from another
What is trademark
500
true or false workers have more input about how business is done today then they did 50 years ago
what is true
500
a example of capital resource would be A) coal B) an ice cream truck C) the president of the united states D) a banker
What is B an ice cream truck
500
which of the following describes the job of the federal trade commission? A) oversees business contracts B) protects monopoly's C) regulates interstate trade D) regulates intrastate trade
What is regulates intrastate trade
500
which group controls $2.6 trillion and has about 51% of the wealth in the united states? A) Generation X B) the baby boom generation C) women D) teenagers
What is The baby boom generation
500
what is considered acceptable social behavior and manners in business.
What is Business etiquette