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EC-903

Total questions: 29

Worksheet time: 15mins

Name
Class
Date
1.
Alternative resource
a)
People who work to produce goods and services
b)
Items in their natural state or condition
c)
A resource that can be used in place of another
d)
A term used to refer to individuals who were born between the years 1965 and 1980; also known as Gen X
2.
Automation
a)
The people who make or provide goods and services
b)
Products produced for personal consumption
c)
A method of operating or controlling a process in which tasks are completed by automatic means, such as technology, reducing human effort and labor
d)
Items that are found in nature and used to produce goods and services
3.
Baby boomers
a)
A project organized and sponsored by a company to help its employees
b)
A term used to refer to individuals who were born between the years 1946 and 1964
c)
To slow down the use of something to make its supply last longer than it would otherwise
d)
An inventory method in which goods are ordered so that they arrive when they are needed rather than being stockpiled
4.
Capital goods
a)
Scientific applications to business objectives or the methods used to attain those objectives
b)
A project organized and sponsored by a company to help its employees
c)
Natural resources that may become entirely depleted; natural resources that cannot be replenished after use
d)
Manufactured or constructed items that are used to produce goods and services
5.
Conserve
a)
Nonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
b)
Those who provide human resources, natural resources, and capital goods in order for production to take place
c)
Productive resources; human and natural resources and capital goods; also known as economic resources
d)
To slow down the use of something to make its supply last longer than it would otherwise
6.
Consumer goods and services
a)
Productive resources; human and natural resources and capital goods; also known as economic resources
b)
A method of operating or controlling a process in which tasks are completed by automatic means, such as technology, reducing human effort and labor
c)
A term used to refer to individuals who were born between the years 1981 and 1995; also known as millennials
d)
Products produced for personal consumption
7.
Demographics
a)
Natural resources that may become entirely depleted; natural resources that cannot be replenished after use
b)
A term used to refer to individuals who were born between the years 1965 and 1980; also known as Gen X
c)
Those who provide human resources, natural resources, and capital goods in order for production to take place
d)
Information used to describe a population
8.
Economic resources
a)
The human and natural resources and capital goods used to produce goods and services; also known as factors of production
b)
Nonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
c)
When two employees share the responsibility for one full-time position
d)
Money needed to operate a business
9.
Employee assistance program
a)
Those who provide human resources, natural resources, and capital goods in order for production to take place
b)
The economic process or activity of producing goods and services
c)
A project organized and sponsored by a company to help its employees
d)
Scientific applications to business objectives or the methods used to attain those objectives
10.
Entrepreneurs
a)
Starting and building a business
b)
Manufactured or constructed items that are used to produce goods and services
c)
People who assume the risks of starting and operating businesses
d)
Scientific applications to business objectives or the methods used to attain those objectives
11.
Entrepreneurship
a)
People who assume the risks of starting and operating businesses
b)
Maintaining a large inventory
c)
A term used to refer to individuals who were born between the years 1946 and 1964
d)
Starting and building a business
12.
Factors of production
a)
Productive resources; human and natural resources and capital goods; also known as economic resources
b)
A scheduling procedure in which employees select their own working hours as long as they work the required number of hours
c)
A term used to refer to individuals who were born between the years 1981 and 1995; also known as millennials
d)
An inventory method in which goods are ordered so that they arrive when they are needed rather than being stockpiled
13.
Financial capital
a)
Items in their natural state or condition
b)
Products produced for personal consumption
c)
Items that are found in nature and used to produce goods and services
d)
Money needed to operate a business
14.
Flextime
a)
Nonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
b)
A project organized and sponsored by a company to help its employees
c)
A scheduling procedure in which employees select their own working hours as long as they work the required number of hours
d)
Productive resources; human and natural resources and capital goods; also known as economic resources
15.
Fossil fuels
a)
A term used to refer to individuals who were born between the years 1946 and 1964
b)
A term used to refer to individuals who were born between the years 1981 and 1995; also known as millennials
c)
Nonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
d)
Maintaining a large inventory
16.
Generation X
a)
Nonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
b)
A term used to refer to individuals who were born between the years 1965 and 1980; also known as Gen X
c)
Scientific applications to business objectives or the methods used to attain those objectives
d)
A term used to refer to individuals who were born between the years 1946 and 1964
17.
Generation Y
a)
Items in their natural state or condition
b)
Stock of goods
c)
A term used to refer to individuals who were born between the years 1981 and 1995; also known as millennials
d)
Items that are found in nature and used to produce goods and services
18.
Human resources
a)
The economic process or activity of producing goods and services
b)
People who assume the risks of starting and operating businesses
c)
People who work to produce goods and services
d)
The people who make or provide goods and services
19.
Inventory
a)
Productive resources; human and natural resources and capital goods; also known as economic resources
b)
Natural resources that may become entirely depleted; natural resources that cannot be replenished after use
c)
Stock of goods
d)
The people who make or provide goods and services
20.
Just-in-time inventory
a)
Scientific applications to business objectives or the methods used to attain those objectives
b)
A term used to refer to individuals who were born between the years 1946 and 1964
c)
An inventory method in which goods are ordered so that they arrive when they are needed rather than being stockpiled
d)
A resource that can be used in place of another
21.
Natural resources
a)
Items that are found in nature and used to produce goods and services
b)
Items in their natural state or condition
c)
A scheduling procedure in which employees select their own working hours as long as they work the required number of hours
d)
People who work to produce goods and services
22.
Nonrenewable resources
a)
Stock of goods
b)
A term used to refer to individuals who were born between the years 1946 and 1964
c)
To slow down the use of something to make its supply last longer than it would otherwise
d)
Natural resources that may become entirely depleted; natural resources that cannot be replenished after use
23.
Producers
a)
Nonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
b)
Items that are found in nature and used to produce goods and services
c)
People who assume the risks of starting and operating businesses
d)
The people who make or provide goods and services
24.
Production
a)
Items in their natural state or condition
b)
The economic process or activity of producing goods and services
c)
Maintaining a large inventory
d)
Starting and building a business
25.
Raw materials
a)
Productive resources; human and natural resources and capital goods; also known as economic resources
b)
Scientific applications to business objectives or the methods used to attain those objectives
c)
Items in their natural state or condition
d)
Nonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
26.
Resource owners
a)
Items in their natural state or condition
b)
Those who provide human resources, natural resources, and capital goods in order for production to take place
c)
Money needed to operate a business
d)
The human and natural resources and capital goods used to produce goods and services; also known as factors of production
27.
Shared time
a)
A term used to refer to individuals who were born between the years 1981 and 1995; also known as millennials
b)
When two employees share the responsibility for one full-time position
c)
A term used to refer to individuals who were born between the years 1965 and 1980; also known as Gen X
d)
Natural resources that may become entirely depleted; natural resources that cannot be replenished after use
28.
Stockpiling
a)
Scientific applications to business objectives or the methods used to attain those objectives
b)
A method of operating or controlling a process in which tasks are completed by automatic means, such as technology, reducing human effort and labor
c)
People who assume the risks of starting and operating businesses
d)
Maintaining a large inventory
29.
Technology
a)
When two employees share the responsibility for one full-time position
b)
People who work to produce goods and services
c)
A term used to refer to individuals who were born between the years 1965 and 1980; also known as Gen X
d)
Scientific applications to business objectives or the methods used to attain those objectives