Business

How might a business that is training cable installation technicians u

QUESTION How might a business that is training cable installation technicians use natural resources as a factor of production while also benefitting society? A) by using the least expensive items for classroom fixtures B) by installing solar panels to generate power C) by using only recycled paper to protect forests D) by replacing bottled water […]

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Date: September 3rd, 2020

Advances in technology always exert positive forces in the business en

QUESTION Advances in technology always exert positive forces in the business environment. Indicate whether the statement is true or false.   ANSWER Answer: FALSE Explanation: One example of a negative technological force is the increased risk to both businesses and consumers from computer hackers who gain access to sensitive information.

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Date: September 3rd, 2020

Last year, Carmela’s florist shop had higher expenses than revenues. W

QUESTION Last year, Carmela’s florist shop had higher expenses than revenues. Which of the following must be true? A) Carmela is operating a nonprofit organization. B) The florist shop posted a profit for last year. C) The florist shop posted a loss for last year. D) Carmela needs to raise the prices for her goods. […]

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Date: September 3rd, 2020

Recession, currency valuations, and trade pacts are all examples of ec

QUESTION Recession, currency valuations, and trade pacts are all examples of economic forces impacting the business environment. Indicate whether the statement is true or false.   ANSWER Answer: FALSE Explanation: Recession, currency valuations, and trade agreements are considered global forces affecting business development.

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Date: September 3rd, 2020