Exam 7: Core Components of Finance and Banking

Holidays Galore is a seasonal business, so in the off season when it is buying inventory, it is often short of cash. The business usually borrows money from the bank to tide it over until the busy season begins. The bank is Holidays Galore's

KBS Enterprise is a small company that delivers raw materials and office equipment to DeFo Corporation. KBS is best described as a(n) ________ business stakeholder.

SAT Market Research had $150,000 in revenue and $200,000 in expenses last year. SAT Market Research experienced which of the following last year?

Laredo works for a construction company. He realizes that the local home improvement store does not sell lumber, so he quits his job and opens a home improvement store that specializes in lumber. Which factor of production is Laredo demonstrating?

Computers and technology have revolutionized which factor of production the most directly?

Koi is planning on opening her own business later in the year. She is working with her friend to prepare and begins reading about the business environment. The business environment is best described as the arena of forces that ________ business.