Foundations Unit 1 Review

Front

A supermarket would be classified as _______.

Back

a marketing intermediary

Front

The difference between a traditional business and e-business is that _______.

Back

an e-business distributes through facilities available on the internet

Front

Furniture manufacturers would be concerned with the producer price index because it _______.

Back

measures prices that manufacturers receive for their finished goods

Front

This kind of economic system could best be described as _______.

Back

market

Front

What measure could Felicia use to evaluate the economic performance of the three countries she is considering for studying abroad? Options: Accounting processes, GDP, Productivity and gross domestic productivity, Marketing measures

Back

GDP

Front

What factors of production will a geologist use to mine the newly discovered mineral blastonium and establish her energy business?

Back

Land and natural resources, labor, capital, and entrepreneurship

Front

Which of the following is a manufacturer? McDonald's, Target, NVIDIA, H&R Block Tax Services

Back

NVIDIA

Front

________________ is online interaction that allows people and businesses to communicate and share ideas, personal information, and information about products.

Back

Social media

Front

The factor affecting the ethical behavior of Niemann's employees is _______.

Back

social

Front

Robert, a restaurant supplies and equipment business manager, believes in the economic model of social responsibility. Which of the following would most likely be a quote from Robert in relation to social responsibility?

Back

"That is someone else's job."