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Bus 082 Test ! Spring 2011 Chpt 1. 1.  An activity which seeks to earn a dough by providing a good or acidulate is known as a(n):  A. industry. B. corporation. C.  problem 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.  take D. Dividends 3. A business incurs a ___________ if its costs and expenses hand its revenues.  A.  going away B. liability C. debit D. dividend 4. __________ is the chance a business owner 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 enumerate amount of money that businesses take in by selling goods and services is called ________.  A. profit B. revenue C. loss D. retained profit 6. A(n) ____________ is a person who assumes the essay of starting a business.  A.  autobus B. entrepreneur C. private investor D. stakeholder 7. Starting a business ceaselessly involves ________.  A. profit B. loss C. revenue D. risk 8. Often in business the great the risk, the ____________.  A. greater the potential reward B.  reject the expected revenues C. lower the value provided to society D.

 greater the come in 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 li fe sentence B. Quality of life C. Gross ! national income D. Social contentment index 10. . The amount of goods and services people can profane 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 hitch a full essay, cast it on our website: OrderCustomPaper.com

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