Intro to Business Final (Fall 2024)

Front

A set amount that you can charge on a credit card that is approved by the credit card company after application is ___________.

Back

credit limit

Front

The debts of a company are called

Back

liabilities.

Front

A target market is a group of consumers that have similar wants and needs.

Back

True

Front

Liabilities are

Back

what a company owes

Front

All income that a business receives over a period of time

Back

revenue

Front

When you go to a movie, make a deposit at the bank, get a haircut, take a swimming lesson, use your telephone, or ride a bus, you are using services.

Back

True

Front

Do people with poor credit ratings pay a higher interest rate to borrow money than people with good credit rating?

Back

True

Front

A grocery store is this type of business: retail, procedures, partnership, franchise

Back

retail

Front

Principles of conduct governing an individual or group

Back

Ethics

Front

Ethical behavior involves all employees, not just a company’s executives and managers.

Back

True