PBMF Fall TEKS Test Review

Front

Something a person desires but can survive without is a(n)

Back

Want

Front

Something a person must have in order to survive is a(n)

Back

Need

Front

A physical item that can be touched is a(n)

Back

Good

Front

An action or task that is performed, usually for a fee is a(n)

Back

Service

Front

Employees that work for a business are

Back

Human Resources

Front

Raw materials found in nature are

Back

Natural Resources

Front

When 2 or more persons co-own a business

Back

Partnership

Front

A law that requires one and a half times the regular rate of pay for more than 40 hours of work for qualified employees.

Back

Fair Labor Standards Act

Front

The steps in the decision making process are: 1. Define the problem, 2. Research alternatives, 3. Choose the best alternative, 4. Implement the decision, 5. Evaluate the decision

Back

True

Front

In the decision making process model, which step involves devising an accurate problem definition?

Back

Define the problem