Exam 7: Core Components of Finance and Banking

The local newspaper has its own website and social media accounts. It often conducts interviews with local businesses for the paper and online accounts. The local newspaper is best described as a(n) ________ stakeholder.

________ are important stakeholders because schools and municipal governments rely on businesses for a portion of their tax base.

Ryder works for a technology firm that has designed a proprietary software that tracks employee productivity by utilizing employees' heartrate. At this time, it is the only company offering this software. Ryder's firm can best be described as having a(n) ________ advantage.

Kenleigh opens a new business and hires three of her friends to work there. They will take raw materials from a local supplier and create a mobile tracker targeted at middle-class consumers living in big cities. Who ismost likely to take on the biggest risk in this situation?

Technological systems can enhance productivity, but they can also compromise

The facts, information, and skills acquired by a person through training or education comprise

Vanille has been operating her cardstock manufacturing business for five years. She has primarily operated in the southeastern United States, but has recently begun advertising, selling, and shipping in Europe. Which of the forces affecting the business environment does this examplebest demonstrate?

A small business owner sold $2500 worth of product in one month. The owner had to pay rent of $500 and materials costs of $1250. What was the profit for the month?

Ingmar receives a substantial pay increase from his employer. He can now afford the new car he has been dreaming about for years. Ingmar canbest be described as having

Valetta runs a small business doing independent construction work for businesses. In what way is Valetta most helping society with his business?

Endellion owns a small delivery company. He decides to hire an office assistant and buys her a laptop to handle some of the administrative responsibilities for the company. This laptop is best described as which factor of production?

After a hurricane in Florida, a beverage company delivered free bottles of water to residents. How is this company helping society in this case?

Gustava is a salesperson for Healthy Way Dog Food. Her annual sales total is classified as ________ for Healthy Way Dog Food.

During the late 19th and early 20th centuries, the United States evolved into a(n) ________ nation.

Which factormost impacts quality of life for society?

Eliazor works in the company's accounting department and is responsible for sending out checks to company employees every other week. The payroll checks that Eliazor sends out canbest be described as a(n)

Dunbar operates a production facility overseas. Despite meeting all safety requirements, he is forced to pay local inspectors a safety surcharge to keep his factory open. His complaints to the local government agency do not lead to any changes, so he decides to close the facility and relocate to a new country. Which of the forces affecting the business environment does this examplebest demonstrate?

Edna is a plant manager for Codeline Corporation. She is leading a project to add computer systems to the production lines in order to increase output. Which of the forces affecting the business environment does this examplebest demonstrate?

Brainiac Incorporated provides training to corporate employees across the globe. Brainiac is selling a(n)

Which product grouping would most likely be sold by businesses today, based on the evolution of the U.S. economy?