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Bus 082 Test ! Spring 2011 Chpt 1. 1.  An activity which seeks to earn a advantage by providing a good or make for is known as a(n):  A. industry. B. corporation. C.  air organization. D. service. 2.  __________ is the centre a business earns later on deducting what it spends for salaries and other expenses.  A. Profit B. Revenue C.  interest group D. Dividends 3. A business incurs a ___________ if its costs and expenses hand its revenues.  A.  spillage B. liability C. debit D. dividend 4. __________ is the chance a business possessor will discharge the time and money invested in a business that proves to be unprofitable.  A. Depreciation B. Risk C. Fallibility D. Redundancy 5. The follow amount of money that businesses take in by marketing goods and services is called ________.  A. profit B. revenue C. loss D. retained net 6. A(n) ____________ is a person who assumes the essay of sta rting a business.  A.  handler B. entrepreneur C. private investor D. stakeholder 7. Starting a business incessantly involves ________.  A. profit B. loss C. revenue D. risk 8. Often in business the great the risk, the ____________.  A. greater the potential reward B.  abase the expected revenues C. lower the value provided to society D.

 greater the morsel of stakeholders 9. ___________ is a measure of the general well-being and gratification derived from a variety of factors including political freedom, safety, education, and a clean environment.  A.  measurement of life se ntence B. Quality of life C. Gross natio! nal income D. Social atonement index 10. . The amount of goods and services people can misdirect with the money they fork up is called their:  A. nominal income. B. consumer price index. C. profit margin. D. standard of living. 11.  The customers, employees, stockholders, suppliers, creditors, and others who stand to garner or lose by the policies and activities of a business appoint the firms:  A. market makers. B. economic...If you want to puff a full essay, cast it on our website: OrderCustomPaper.com

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