Exam 7: Core Components of Finance and Banking

Bradley was excited when he made $1000 selling his paintings until he realized that he had to pay the gallery owner a fee for displaying them. The fee is an example of

As more people age out of the workforce, companies are finding they are losing some of their most knowledgeable employees. What force affecting the business environment is at play in this situation?

Ozara is the plant manager for Estate Manufacturing. He is leading the efforts to double plant capacity with a new building. Which of the five factors of production is Ozara most impacting?

Milenka runs her own dance academy. Last year, she had $50,000 in expenses and $150,000 in profits. What was Milenka's revenue?

Immigration policies are ________ forces in the business environment.

Plus Size has been selling larger size clothing in the same location for 10 years. Big Girls just opened across town and is threatening Plus Size's business. Big Girls is a(n) ________ of Plus Size.

Which organization is thebest example of a for-profit organization?

What does a nonprofit organization typically do with any profit it makes?

Eudora lives in the United States and relies on suppliers in Germany to run her glassblowing company. Lyric lives in Germany and relies on customers in the United States to keep her hand sanitizer company in business. Eudora's and Lyric's situations highlight the concept of

Keone owns a large appliance store in his hometown. He agrees to do a short story about his business for a local school paper and wants to provide examples of some of the stakeholders in the local community. Help Keone by writing a list of the potential stakeholders and how his business impacts each one.

Seabass, Incorporated recently implemented an online training program to facilitate continuing education for its employees. Senior leadership believes the new training will increase efficiency and quality. This implantation willmost likely impact which of the following factors of production?

The war in Afghanistan is an example of a ________ force in the business environment.

Think of a business that is helping advance the four key interests of society. Provide specific examples of how this business is helping in each of the areas.

When Russia invaded Crimea, the United States imposed sanctions on Russia. What category of forces is impacting the business environment with these sanctions?

Tommy's Little League team was sponsored by the local hardware store. This is an example of how ________ are business stakeholders.

Which type of business wasmost likely to exist during the 18th century in the United States?

State Family Insurance uses independent agents across the country to sell policies to consumers. What kind of stakeholder do the independent agents best represent?

In the last 25 years, most new jobs in the United States can be attributed to the growth in

China's One Child policy resulted in an imbalance of males to females in the country. This is a ________ change that can affect business.

Cookie World sells giant cookies through its store with the goal of making a profit. Cookie World is best described as a(n)