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devry busn115 midterm




Question;1. Question;(TCO 1) Intangible products;such as income tax return preparations, education, and healthcare.;Business;Goods;Services;Entrepreneur;Revenue;Question 2. Question;(TCO 1) That part of economics;that studies the operations of a nation?s economy as a whole.;Economics;Microeconomics;Macroeconomics;Resource development;Invisible Hand;Question 3. Question;(TCO 1) Buying products from;another country.;Importing;Exporting;Free Trade;Absolute advantage;Comparative advantage;Question 4. Question;(TCO 2) Standards of moral;behavior, behavior accepted by society as right versus wrong.;Corporate policy;Corporate responsibility;Corporate social initiatives;CSR;Ethics;Question 5. Question;(TCO 3) A complete ban on the;import or export of a certain product, or the stopping of all trade with a;country.;Tarriff;Import/Exporting Ban;Censoring;Embargo;None of the above;Question 6. Question;(TCO 3) A tax imposed on;imports.;Trade surplus;Trade deficit;Tariffs;Strategic alliance;Multinational corporation;Question 7. Question;(TCO 4) Investors who provide;money to finance new businesses or turnarounds in exchange for a portion of;ownership, with the objective of reselling the business at a proft.;Venture Capitalists;Extrapreneurs;Intrapreneurs;Angel Investors;1. Question;(TCO 1) Describe and explain;the United States economic business cycle. What are the key economic indicators;of the United States economy? Why are they important to consider?;Question 2. Question;(TCO 2) Describe and explain;management?s role in setting ethical standards. Why does it matter what;management?s role is in setting ethical standards?;Question 3. Question;(TCO 3) Describe and explain;the fundamentals of the international market. Why do nations trade and how;trade measured.;Comments: You should cover the materials from;pages 48 - 51 of the text and include a reference.;Question 4. Question;(TCO 4) Describe and explain;the qualities of successful entrepreneurs.


Paper#52714 | Written in 18-Jul-2015

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