Introduction business

A person who risks both time and money to start and manage a business is called?

• A. Overachiever

• B. Supervisor

• C. Entrepreneur

• D. Narcissist

In business, stakeholders are defined as:

• Only the people that purchase goods or services from a business.

• Just the vendors that sells to the business.

• All the people who stand to gain or lose by the policies and activities of a business.

• Only the employees that are effected by the policies of a business.

The amount of money a business earns above and beyond what it spends for salaries and other expenses is called:

• Savings

• Cash receipts

• Revenue

• Profit

In order to gain a competitive edge on the competition, some companies focus on:

• Very low prices

• Greeting every customer

• Professional sales pitch

• Quality

As of 2018, which country leads the world in manufacturing outputs?

• United States

• India

• China

The activity of providing goods or services to others while operating at a profit is called a _____________

• Consumer advocating.

• Business.

• Barter systems

is the number of goods and services people can buy with the money they have. State true or false.

• true

• false

A person who risks both time and money to start and manage a business is called?

• A. Overachiever

• B. Supervisor

• C. Entrepreneur

• D. Narcissist