What is the name for markets with only a few sellers, such as the markets for automobiles, pharmaceuticals, or oil?

Competition helps create a healthy society by:

A business decides against opening a store in the next town because its research shows the location will be unprofitable. What form of risk management is this?

To prepare for effective decision-making that ensures the efficient delivery of products to the marketplace, one should study:

Economic resources that help people be more productive are:

A large retailer wants to contribute to the well-being of society. It donates 10% of its proceeds to a charity that helps the environment. The retailer is demonstrating:

A form of demand for products in which changes in price correspond to changes in demand is:

A business that buys goods or services and sells them to the ultimate consumer is a:

New Gear studied trends in the marketplace to price their jerseys. There was an abundance of jerseys remaining after meeting the demand creating which market condition?

What is the economic basis for the private enterprise economic system?

A characteristic of a seller’s market is:

Which word processing document lists one’s detailed work history, educational history, skills, and references?

Which document, provided either in paper format or in electronic format from a prospective employer’s website, does a company use to collect employment information about a candidate?

Hugo is creating a book report for his English class. He can create an outline, the report, and a list of works cited all in the same application. Which application software is Hugo using?

Bryan would like to send the same e-mail message to multiple people at once. He wants to save their e-mail contact information for future e-mail messages too. Which e-mail service should he use?

What are the programs that instruct computers to perform specific operations?

What is the set of computer programs that manage the hardware and software of a computer?

Tina is an architect who works with engineers to create precision drawings and technical illustrations. What type of computer technology does Tina use?

Which application software is designed to create, store, manage, search, and extract information?

Mrs. Taylor is helping her students create accounting forms in class. They are entering numbers and text to create the forms, which calculate the ending financial information. Which application software are they using?

Which is a true statement about making promises to customers?

The Candy Store is selling more and more chocolate each quarter. Applying the law of supply and demand, what is most likely to happen over the next few quarters?

The two main divisions of the trade industry are:

What is the primary reason customers give for not returning to a business?

Which behavior best describes the primary business activity of operations?

Piper looks up to her new boss and tries to learn from her behavior as much as possible. However, Piper knows that some of her boss’s actions are unethical. Piper is uncertain whether she should follow her boss’s example. Which ethical dilemma is Piper facing?

Why is information management necessary for strategic information in a business?

In the human resource management process, what is the first task to be completed for staffing?

What do service businesses sell?

Jordan owns a successful landscaping business. Landscaping is an example of a/an:

The accounting document that shows a business’s revenue and expenses is a/an:

Kathy wants to know whether her boutique made or lost money this month. The financial document she should view is her:

Which is a trend in proper information management?

When Caring Companions and Smiling Pets merged two years ago, what was the most likely effect on the primary business activities of both companies?

Which statement is true about a management information system (MIS)?

The Brooks Company produces sneakers and studies trends in the marketplace to price their sneakers. The Brooks Company supplied as many sneakers as consumers demanded to create which market condition?

Deciding to stay home and study, instead of going to a basketball game, is an example of a/an:

Gasoline prices increased 30 cents per gallon. Raylee continued to purchase gasoline because her demand and need to commute to work had not changed. This is an example of what type of demand?

When should customer relations skills, such as courtesy and friendliness, be emphasized during a business’s activities?

Which is a way to show transparency?

ABC Corporation bought a new conveyor belt. What type of good is the conveyor belt?

Elastic demand is more likely when the good is:

A characteristic of an economic service is that it is:

Which question should one ask himself/herself to determine whether one is facing a true ethical dilemma?

Kaylyn is a department manager for a local retail store. She likes her job and wants to advance within the store. Kaylyn’s current work experience is a:

Miriam is very polite, kind to her friends, and positive in her outlook. These characteristics are called:

When someone says that a business has good internal relations, this means the business has which?

Ian works in the marketing department. What is the primary business objective of his department?

Shannon is the manager and he ensures proper work effort by setting:

Corbin browses for workout gear online. He needs to type in the website address of the company to access the website. This website address is called:

What is the computerized storage of information and facts called?

What do businesses often develop to be able to store and analyze data for the purpose of making business decisions?

Outer Banks Transmission Company specializes in automotive repair. Which computer technology helps the mechanic to diagnose car engine trouble?

Why do many businesses store information in a computerized database?

In 1890, Congress passed a law that prevents monopolies from forming and hinders price fixing. What law is this?

Connor is working on a billboard to showcase his new service. What part of the marketing mix is he working on?

Molly plans out each part of the operations process to ensure the right item is in the right place at the right time. What part of the operations function is this?

Isabelle owns a home cleaning business. She invoices her customer and records the transaction as soon as she finishes each home cleaning. Which type of accounting method is Isabelle using?

The finance activity regarding how to source income is called:

Which is a reason that the role of human resources management is changing?

Jasmine thinks it is OK to steal a few things from work. Which ethical principle would help her realize that the long-term repercussions of her actions could create an ethical dilemma?

The economic system that adopts the fewest new ideas or improvements is:

An office supply company provides discounts to teachers to make them feel important. The company is modeling which activity?

Monte works for a grocery store that buys food from producers and then sells it to customers. The grocery store is an example of a:

Which factor is a barrier to small-business and entrepreneurial success?

In a socialist economy, what determines how basic economic questions are answered?

Retailing occurs wherever goods are:

Customers cast economic votes every time they:

What should employees understand about each customer in order to develop positive customer/client relations?

When the prices of iPhones increase, the quantity of iPhones offered for sale will increase. This is an example of the law of:

What is a want that can be satisfied by spending money to consume a good, service, or leisure activity?

Which is an example of a noneconomic want?

How can positive customer relations boost productivity?

What is one reason human resources management is important to the success of a business?