Business and Correct Answer

Satisfactory Essays
The green movement is:
Select one:
a. our concern with the fact that everywhere we look, things are remaining green for longer periods of time.
b. developing more green food products to feed the world's poor
c. a trend that started with the U.S. government
d. concern with depletion of natural resources and leaving carbon footprint
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The correct answer is: concern with depletion of natural resources and leaving carbon footprint
Question 2
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An activity which seeks to earn a profit by providing a good or service is known as a(n):
Select one:
a. corporation
b. industry
c. business
d. service
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The correct answer is: business
Question 3
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In countries where businesses are government owned:
Select one:
a. profits tend to be higher
b. there is less incentive to work hard
c. the right amount of each good is produced
d. the quality of goods is high but profits are low
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The correct answer is: there is less incentive to work hard
Question 4
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Two factors of production that seem to contribute the most to a nation's ability to create wealth are:
Select one:
a. land and labor
b. entrepreneurship and knowledge
c. entreprenuership and labor
d. land and capital
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The correct answer is: entrepreneurship and knowledge
Question 5
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The amount of goods and services people can buy with the money they have is called their:
Select one:
a. consumper price index
b. profit margin
c. nominal income
d. standard of living
Feedback
The correct answer is: standard of living
Question 6
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A(n) ____________ is a person who assumes the risk of starting a business.
Select one:
a. stakeholder
b. entrepreneur
c. manager
d. investor

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