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OOLS VIEW CHAPTERS 1 -REVIEWER (QUESTIONS) 9.20.17 docx (Protected View)- Word TED VIEW Be careful-files from the Internet can contain viruses. Unless you need to

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OOLS VIEW CHAPTERS 1 -REVIEWER (QUESTIONS) 9.20.17 docx (Protected View)- Word TED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit it's safer to stay in Protected View. Enable Editing 29. A(n) is a person who assumes the risk of starting a business. A. manager B. entrepreneur C. private investor D. stakeholder 33. Companies that outsource research and development and design jobs: A. have always made a wise decision. B. will be more profitable in the long run. C. run the risk of overseas companies using the information to produce competitive products. D. always invest in the overseas companies that take on these jobs. 30. The amount of goods and services people can buy with the money they have is called their A. nominal income. 34. For-profit businesses and nonprofit organizations are similar in that they bodh B. consumer price index. C. profit margin. D. standard of living. A. contribute to the welfare of society B. seek to earn a profit. C. have a limited life. D. must be controlled by a board of directors. 31. The most important difference between for-profit businesses and nonprofit 35. The number of businesses owned by Hispanics and Asians has organizations is that A. businesses do not benefit society B. nonprofit organizations seek to make a profit for its owners and organizers. C. nonprofit organizations do not seek a profit for its owners or organizers. D. nonprofit organizations do not file tax returns. A. has decreased after the 9-11 terrorist attack B. slowly increased. C. significantly increased. D. remained relatively constant. 36. The resources that contribute to the creation of wealth are known as Which of the following is the best example of a business whose goal is to earn a profit? A. A community college B. The Salvation Army C. Boy Scouts of America D. Best Buy, Inc. 32. A. production coefficients B. factors of production C. production technologies D, production aggregates + 20P 7:01 PM D 9/30/2011 OType here to search

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