| AB |
The even more education you have, often the much better your career.
You are watching: Businesses seek to earn a profit by providing goods and services to others.
False |
| Define Wants | Things you wish you can have. |
| Define services | Tasks that human being or devices perform. |
| To organize, regulate, develop, and sector are the tasks that happen behind every product or service. | True |
| Define resource | Anything that civilization deserve to usage such as fuel, labor, or money, to make or achieve what they need or desire. |
| Define Needs. | Necessary desires, such as food, sanctuary, and apparel. |
| Business affects you as a wage earner by offering you via solutions. | False |
| Define Goods | Material things that have the right to be physically weighed or measured. |
| Knowledge helps you understand also the function of jobs in today's economy. | True |
| Firm affects you as a consumer by giving products and also jobs. | False |
| The steps in the decision-making process are: Identify the difficulty, List the alternatives, Determine what consumers want, Make the best decision, and also Evaluate you decision. | False |
| What is the term for tasks that people or makers perform for payment? | service |
| Necessary desires are needs. | True |
| What happens in company and federal government does not make a distinction in your family's lives as consumers and as employees. | False |
| Private wants are wants shared by many kind of civilization and also satisfied by federal governments. | False |
| What is an activity that seeks profit by providing products or solutions to others? | business |
| When your wants and also demands problem with your resources, you must make a choice. | True |
| Which is a desire that federal government CANNOT satisfy? | bicycles and skates |
| For the most component, local, state, and also federal governments accomplish public wants. | True |
| What are most public wants satisfied by? | regional, state, and federal governments |
| What have to service administer to consumers in order to meet their desires and needs? | items and also services |
| Goods can be physically weighed or measured, however services cannot. | True |
| __________ is the contest between businesses to win customers. | competition |
| A ________________ is anypoint you deserve to usage to make or achieve what you desire or require. | resources |
| _____________ are material points you can see and touch. | goods |
| _____________ is the reward for satisfying consumers' wants and also demands. | profit |
| _________ is who you are as soon as you pick, purchase, use, or dispose of items or solutions. | consumer |
| What drives the economy? | desires and also needs |
Public desires...
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| They are extensively shared by many, Government satisfies public desires, Instances include highmeans and parks |
| Which is the name for items human being have the right to use to make or obtain what they need or want? | resources |
| Which is true of resources? | Resources are limited |
| What have to you do prior to making a deciPProxy-Connection: keep-alive
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| Which question in the decsision making procedure would certainly best help you evaluate a decision after you put it right into effect? | Would I make the very same choice again? |
| What is true of both individual and also business decisions? | They have to be regular through worths and goals |
| What is a commercial activity that looks for profit by giving products in exreadjust for money? | a business |
| What is profit? | money continuing to be after expenses have actually been paid |
| What is true of businesses? | They pay taxes and also administer work, The wealth they produce benefits the whole area, They are rewarded via revenues by satisfying customers |
| What is competition? | a dispute to win customers |
| What does a competitive service must offer? | exceptional business, great prices, top quality products |
| What must a service execute once emerging new products or services? | focus on customer service |
| What is one outcome of efficient sector research? | information that helps a service recognize opportunities |
| What can a service carry out if its products don't satisfy consumer's need? | begin a new business |
