Bus 211 bus211

BUS/211 FOUNDATIONS OF BUSINESS

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BUS 211 Entire Course Link

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BUS 211 Week 1 Business Models, Systems and Organization

Consider a local business whose services you frequently use. What are the main

components of this company's business model?

Write a 750-1000 word response in which you do the following:

Describe the three components of the business system that comprises the local

business you selected. Use Figure 1.2 on p. 11 of Introduction to Business as a

reference.

Identify the form of business organization that the business currently uses:

joint-stock company, limited liability, partnership, or sole proprietorship.

Explain the differences between your business's form of organization and the

other three forms.

Resources: Ch. 1 & 2 of Introduction to Business

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

https://uopcourses.com/category/bus-211/

BUS 211 Week 2 Profits and Supply and Demand

Resource: Ch. 1 of Introduction to Business

Consider a fictional business you would be interested in starting. You will be using this

same business in other weekly assignments throughout the course.

You are seeking financing for your business, and a potential investor has asked you to

provide more information.

Write a 750-1000 -word response to your potential investor in which you do the following:

Describe the products or services your business will offer and the

resources--materials, supplies, building, and so on--that you will need for your

startup.

Examinethe differences between profit and profitability and how you plan to use

your profits to increase your business profitability.

Describe how you expect your business may be affected by the laws of supply

and demand.



BUS 211 Week 2 Quiz

Correct answerquestion1

When an entrepreneur uses advancing technology to find a new way to make or supply a

product, the entrepreneur utilizes which of the following opportunities?

o

Occupational

o

Commercial

o

Organizational

o

Capitalistic


Which two types of laws have been enacted to promote a company’s continued existence

and profitability?

o

Occupational qualifications and diversity

o

Occupational health and safety

o

Business and environmental stewards

o

Incorporation and bankruptcy


This is a process of dissolution of a business through which its assets are sold to repay its

creditors.

o

Chapter 13 bankruptcy

o


o


o



When is a business plan developed?

o

When proposing a new business venture

o

Annually

o

When reporting profit and loss

o

Shareholder meetings discussing past performance


This type of law exists to ensure that people have the skills they need to properly serve the

public interest.

o

Laws promoting employee health and safety

o

Laws regulating occupational qualifications

o

Laws relating to the public interest

o

Laws governing business diversity


Which of the following best defines the entrepreneurship process?

o

Using IT to assemble materials into the final product

o

Providing both direct and indirect services to customers

o

Exchanging or selling services to other companies

o

Acquiring and combining resources to create goods or services for customers to

buy.


Which law was enacted to force companies to more fully disclose their financial results

and to protect stockholders of the company?

o

Sarbanes-Oxley Act

o

Investment Company Act

o

Dodd-Frank Wall Street Reform and Consumer Protection Act

o

Securities Exchange Act


There are several advantages a company can gain over its competition by behaving in an

ethical way. The main advantage is

o

improved reputation

o

decreased costs

o

employee loyalty

o

increased sales


The utilitarian rule bases a business decision on which of the following?

o

What produces the greatest good for the greatest number of people.

o

What distributes benefits and harm among people in equitable and impartial

manner.

o

What maintains and protects the fundamental rights and privileges of people.

o

What a manager has no hesitation to communicate to people outside the

company, because the typical person in a society would think the decision is

acceptable.


What is the definition of a business plan?

o

An outline of the way a company will use its resources to create products that give

it a competitive advantage

o

A highly-detailed, written statement that explains the purpose of creating a new

venture

o

A summary of a company’s profit and loss for a specified period of time and its

plan for future growth

o

A general overview explaining the purpose of creating a new venture


What are the four elements of a SWOT analysis?

o

Systems, weaknesses, opportunities, and targets

o

Strengths, weaknesses, obstacles, and targets

o

Systems, weaknesses, obstacles, and threats

o

Strengths, weaknesses, opportunities, and threats


What is the primary role of a non-managerial employee?

o

To evaluate the performance of other employees

o

To assign resources and timelines to tasks

o

To perform the day–to-day tasks assigned to them as directed

o

To hire, coach, discipline, and fire employees as appropriate


A detailed SWOT analysis would classify a poorly designed marketing plan as a

o

weakness

o

strength

o

threat

o

opportunity


Which of the following impact ethical practices in business at home and abroad?

o

Cultural ethics, occupational ethics, legal ethics, and organizational ethics

o

Societal ethics, occupational ethics, individual ethics, and organizational ethics

o

Societal ethics, occupational ethics, legal ethics, and environmental ethics

o

Legal ethics, environmental ethics, individual ethics, and organizational ethics


Which ACT prohibits U.S. companies from paying bribes in order to win contracts abroad?

o

Securities Exchange Act

o

Investment Company Act

o

U.S. Foreign Corrupt Practices Act

o

Sarbanes-Oxley Act

correct answerquestion16

What rules can managers employ as guidelines to analyze the effects of their business

decisions on stakeholders?

o

Utilitarian, social contracts, virtue, and practical rules

o

Relativism, moral rights, justice, and social contracts rules

o

Pragmatism, moral rights, justice, and practical rules

o

Utilitarian, moral rights, justice, and practical rules


Who has a claim on a company because they own shares?

o

Customers

o

Stockholders

o

Employees

o

Managers


Jones (2007) describes a three-stage business plan used by managers. Which of the

following is one of the stages?

o

Answering questions about products from customers

o

Assembling raw materials into finished products

o

Calling customers to sell products

o

Selecting goals and targets for team members


Anti-trust legislation exists

o

because it is the government’s job to regulate business

o

because it is the express aim of the U.S. government to foster competition

o

to make it illegal for companies to conspire with one another to limit supply

o

to protect consumers from shortages


Which of the following best describes how an employee can increase his or her chances of

being promoted inside an organization?

o

By being routinely confrontational with other employees and questioning the

status quo

o

By doing what he or she is asked to do and by meeting job requirements

o

By being proactive and looking for new ways to improve his or her skills

o

By ensuring performance remains within the boundaries of the job expectations


Laws governing diversity endeavor to motivate employers to

o

specify the skills, qualifications, and experience people must possess to be hired

for government occupations

o

help promote their survival and increase the profitability of business enterprises

o

govern how a company should behave to further the public interest

o

consider the skills, experience, and ability to do the job versus employee ethnicity,

religion, gender, age, and so forth


This Act was passed by congress to protect air quality and motivate companies to pollute

less.

o

Pollution Prevention Act

o

Clean Air Act

o

Energy Policy Act

o

Comprehensive Environmental Response, Compensation, and Liability Act


A detailed SWOT analysis would classify a well developed and informed business model

as a

o

threat

o

opportunity

o

weakness

o

strength


What type of information is within a business plan?

o

Past performance and stock price

o

Revenue, profit, and loss

o

New products, how the organization will compete, and how the organization will

organize resources

o

Tax penalties, number of personnel, and location of organization


A detailed SWOT analysis would classify competition in the industry or market as a

o

threat

o

opportunity

o

weakness

o

strength


This is the effect of unethical behavior on business commerce.

o

Less capital and wealth are created in society.

o

Unethical behavior becomes a social norm.

o

Stakeholders internalize the unethical values.

o

Less capital and wealth are accrued in the government sector.


Which example best describes an organizational opportunity?

o

Business identifies and creates a new product.

o

A business creates new, more effective ways to increase profitability.

o

A business sells their products to new customers.

o

A business launches and markets a 36-hour sale.


Which of the following best describes the employee “role”?

o

The experience and minimum skills required for a specific job

o

The nature of employment conditions, pay, and benefits

o

The set of tasks a person is expected to perform

o

The set of guidelines that govern organizational behavior


What is a copyright?

o

It is the grant of a property right that is issued to its inventor.

o

It is the creations of the mind including inventions, literary and artistic works, and

symbols, names, images, and designs used in commerce.

o

It is a word, name, symbol, or device which is used in trade with goods to indicate

the source of the goods and to distinguish them from the goods of others.

o

It is a form of protection provided to the authors of books, videogames, poems,

and songs produced by authors, poets, software experts, and musicians.


The U.S. Department of Labor Occupational Safety and Health Organization (OSHA) is

the government agency primarily responsible for

o

how companies protect their employees from harm while on the job

o

how companies recruit, promote, and retain people for employment

o

how companies determine the occupational requirements needed by employees

to protect the well-being of society

o

how the rights of consumers are protected in the marketplace


Which of the following people or groups supply a company with productive resources and

are affected by the way a company does business?

o

Stakeholders

o

Employees

o

Customers

o

Managers


Which answer contains the three types of entrepreneurial activities?

o

Business, sales, and training

o

Commercial, occupational, and organizational

o

Financing, selling, and purchasing

o

Evaluating, monitoring, and selling


What is a difference between an employee and a manager?

o

Employees hold each other accountable for success of the business

o

Employees have decision making authority over the organization’s resources

o

Employees are responsible for providing vision and leadership

o

Employees perform the many jobs to make, facilitate, and sell a product


Important issues can arise concerning how and when payments are made to this group of

stakeholders?

o

Employees

o

Customers

o

Suppliers and distributors

o

Stockholders


How do managers help the company’s stakeholders?

o

Assembling materials into finished products

o

Creating profitable goods and services

o

Assisting customers with their purchases

o

Providing financing to grow the business

BUS 211 Week 3 SWOT Analysis

Resource: Your Week 3 collaborative learning team discussion and Ch. 3 of Introduction

to Business

Complete the following with your learning team members.

Research different examples of business plans found on the Internet. Choose one

of them to use for this assignment.

Review the example of a SWOT analysis on p. 97 of the text.

Conduct a SWOT analysis of the sample business plan you selected with your

team members. Use Appendix B as the template for your SWOT Analysis.

Indiviually, write a 700- to 1,050-word paper examining the business plan you selected.

Include a SWOT analysis highlighting the strengths, weaknesses, opportunities, and

threats of the company you chose.

Inlcude the SWOT analysis as Appendix in your paper and post the paper as an

attachment in the assignment thread.



Appendix B - SWOT Analysis Template

Strengths

Weaknesses

Opportunities

Threats

BUS 211 Week 3 Quiz

Your answers : 31/31 (100%) Correct answerquestion1

What are teams grouped by areas of expertise?

o

Functional

o

Top management

o

Cross-functional

o

Virtual


Which of the following could cause an individual to avoid performing a required job task

according to expectancy theory?

o

Low levels of self-efficacy

o

Goal orientation at odds with task

o

Desire for belongingness

o

Unmet physiological needs


Managers can cause organizational dysfunction by doing which of the following?

o

Focusing efforts on political battles

o

Promoting competition

o

Disagreeing that change is needed

o

Expressing conflicting ideas


According to the goal-setting theory, job performance goals should

o

measure the degree of effort

o

be specific and time bound

o

align to company culture

o

be broad and flexible


An organizational performance is increased with employees working in teams since

o

teams facilitate the division of labor and specialization

o

managers can more easily monitor the performance of their employees

o

teams facilitate goals and interests of different stakeholders that otherwise would

be incompatible

o

managers can develop group norms that facilitate cooperation


Businesses often promote norms which are entrepreneurial or conservative in nature.

Why?

o

The external environment influences corporate norms and must be controlled.

o

Promoting norms increases employee motivation.

o

Promoting norms allow the company to measure employee performance more

efficiently.

o

Companies try to select norms which match their business model and culture.


Employees will most often be motivated to initially fulfill basic needs rather than higher

level needs. Which of the following satisfies a higher need?

o

Promotion to senior position

o

Job stability and pay

o

Safe working environment

o

Bonuses and fringe benefits


Company values are shared standards that employees use to

o

evaluate if they have helped the company achieve its goals

o

measure profitability and make needed corrections in performance

o

govern interactions with other employees

o

evaluate risks and drive innovation in their department


Employees quickly figure out and adopt the values and norms desired by their company.

What is this process called?

o

Rites of integration

o

Organizational socialization

o

Rites of engagement

o

Cultural exchange


What best describes the contingency approach, as it relates to organizational design?

o

Creating a cultural design

o

Having the ability to alter a plan

o

Finding ways to increase revenue

o

Growing the business model


Maslow’s Need Theory is an hierarchal format that deals with ‘what’ is important to

individuals. Which of the following hierarchy most accurately reflects Maslow’s hierarchy?

o

Physiological, security, belongingness, self-actualization, esteem

o

Physiological, security, esteem, self-actualization, belongingness

o

Physiological, security, belongingness, esteem, self-actualization

o

Physiological, security, esteem, belongingness, self-actualization


What does the amount of conflict in an organization signal?

o

Openness to new ideas

o

Managers value conformity

o

Performance goals are not clear

o

Indecision by top management


Which of the five sources of a leader’s power would be demonstrated by a leader with

rightful authority to direct and control an employee’s activities?

o

Legitimate power

o

Expert power

o

Coercive power

o

Reward power


What form of business communication offers the highest form of persuasive

communication?

o

Face-to-face meeting

o

Instant messaging

o

Telephone conversation

o

E-mail


Companies with a strong culture may hold meetings to announce the company’s

achievements. Which source of company culture would best describe this activity?

o

Rites of enhancement

o

Rites of excellence

o

Rites of integration

o

Rites of passage


Which of the following best describes a company that has established a professional

culture?

o

It promotes streamlined decision making.

o

It maintains a professional setting.

o

It follows ethical business practices.

o

It invests in employee development.


Which theory tries to explain the psychological factors underlying why an individual selects

a task and exerts effort in performing a task?

o

Expectancy theory

o

Maslow’s hierarchy of needs

o

Goal-setting theory

o

Equity theory


Which of Maslow’s Hierarchy of Needs is geared toward personal fulfillment?

o

Self-actualization

o

Security

o

Esteem

o

Belongingness


What is the definition of a team?

o

Collection of people working towards a common goal

o

Employees jointly responsible to meet a goal

o

Employees working towards their specific goals

o

A group who follows the same rules


Being goal oriented has shown to be paramount to a person’s success. Why?

o

Focus is on reaching the unattainable

o

Goals are constant reminders of abilities

o

Motivated persistency

o

Goals remove obstacles


The motivational theory that tries to determine how much work is needed for a specific

outcome is

o

equity

o

expectancy

o

goal setting

o

MBO


Which of the following best describes how the values of the company’s founder influence

an organization?

o

They establish cultural norms.

o

They promote entrepreneurial practices.

o

They outline rites of integration.

o

They define rites of passage.


What form of business communication offers the lowest form of persuasive

communication?

o

Telephone conversation

o

Written letters and memos

o

Face-to-face meeting

o

E-mail


What best describes company norms?

o

Organizationaldesign

o

Standards of excellence

o

Ceremonies and rites

o

Informal but powerful rules


What work attitude would a leader promote to influence his or her worker?

o

Job satisfaction

o

Quantity and quality of work

o

Level of effort put into job

o

Reliability of performance


Which of the following best describes sources of a company’s culture?

o

Communication of strategic goals

o

Values of the founder and ceremonies

o

Employee autonomy and creativity

o

Values of innovation and excellence


Formal events that recognize an employee or group that have benefited the company by

their works are

o

rites of engagement

o

rites of passage

o

rites of integration

o

rites of enhancement


Organizational design is best defined as

o

the values and norms employees share

o

the coordination actions of employees and groups

o

the framework of task and authority

relationships

o

a specific type of organizational structure and culture


A company who desires to develop new or improved products would fit best with what type

of team?

o

Top management

o

Functional

o

Cross-functional

o

Virtual


The Matrix Structure is a unique organizational structure that responds to rapid changing

situations. Which of the following is a component of this structural design?

o

Employees are grouped into cross-functional product teams.

o

Managers group people by product instead of function.

o

R&D specialists manage product teams.

o

Most commonly used by non-high-tech companies


Which of the following in the best example of active listening?

o

Paying attention to the words being said and other signals

o

Knowing the sender’s problem in advance

o

Interaction between the sender and receiver

o

Paying attention as the sender voices ideas

BUS 211 Week 4 Motivation & Team Case Study

Resource: Your Week 4 learning team collaborative discussion and Ch. 7 of Introduction

to Business

Read the two case studies on pp. 233-236 of the text.

Discuss the following with your Learning team:

What motivation theories may be found in each case study?

Describe the theories found in each case study and cite specific examples.

What was each business owner's approach to creating high-performing teams

within their company? What are common characteristics of high-performing

groups and teams?

Summarize your discussion in a 200- to 300-word individual response.

Format your summary consistent with APA guidelines.


BUS 211 Week 4 Quiz

Your answers : 31/31 (100%)


Which of the following costs is associated with a firm’s operations and materials

management function?

o

The cost of work-in-process goods, semifinished products moving through the

production process

o

The cost of the machinery, computers, tools, buildings, and equipment

o

The stock value of finished products a company holds in inventory

o

The cost of employee wages, including benefits


In the 1990’s, the Windows operating system, created by Microsoft, was installed in 90%

of the world’s PCs. This kind of penetration in the personal computer business made

Windows the

o

best-of-breed solution

o

industry standard

o

leader in the networking software

o

world’s largest software system


Which best describes B2B commerce?

o

Trade that takes place between companies

o

Commerce between wholesalers and retailers

o

Trade that is transacted electronically

o

Same industry commerce


Which of the following describes managers’ ability to use the collection and analysis of

data to gain information about various tasks and operations to increase the efficiency of a

particular function?

o

Superior information

o

Superior quality

o

Superior productivity

o

Superior innovation


Which of the following is a form of information that is constantly updated to make sure that

decisions can be as up-to-date as possible?

o

Reliable

o

Relevant

o

Complete

o

Real-time


Of the three stages in operation and materials management, which stage comes first?

o

Input

o

Production

o

Output

o

Operations


According to Jones (2007), the semi-finished goods and services that go through a

company’s production process are called

o

conversion

o

inputs

o

distribution

o

work-in-process


Which of the following is a key benefit of mass production operating systems?

o

Unique one-of-a-kind products

o

Flexible employees and work teams

o

A wide range of customized products

o

Lower operating costs


Information technology improves customer responsiveness by

o

giving middle managers the ability to collect and process more data

o

tracking changes to products and systems

o

allowing the organization to identify issues in products or process

o

tracking people’s likes, dislikes, and buying habits


Which component of the HRM system provides employees with information about their

performance relative to job expectations?

o

Labor relations

o

Performance appraisal and feedback

o

Training and development

o

Recruitment and selection


Which is the process that aims at identifying company inefficiencies and then determines

where improvements are needed?

o

Job analysis

o

Workflow analysis

o

Job specifications

o

Human resource planning


The aim of this process is to align human resources recruitment and retention with future

organizational goals.

o

Job specification

o

Job screening

o

Human resource planning

o

Job analysis


Which of the following best describes information learned from a Position Analysis

Questionnaire (PAQ)?

o

occupational safety and health concerns at work

o

the different types of employees’ job activities

o

pool of potential applicants for each position

o

specific sales strategies and daily targets


Which of the following is one of the four major sources of competitive advantages provided

by information technology?

o

Rapid development

o

Artificial intelligence

o

Superior innovation

o

Cutting edge communication


Which component of the HRM system strives to ensure equity and fairness in dealing with

employee issues and concerns?

o

Pay and benefits

o


o

Labor relations

o



Which component of the HRM system provides employees with the knowledge and skills

necessary to perform their job?

o


o


o

Training and development

o

Labor relations


Which of the following is the correct order of the operations and material management

process?

o

Output, operations, and input

o

Operations, input, and output

o

Input, operations, and output

o

Operations, output, and input


One major result of organizational learning is

o

increased work load

o

increased expenses

o

increased profitability

o

increased information


Some examples of elements in the operations stage of the operations and material

management process include

o

goods and services

o

skills and machines

o

raw materials and components

o

labor and customers


For what purpose do businesses consider establishing maquiladoras?

o

Reduce inventory costs.

o

Reduce distribution costs.

o

Reduce raw materials costs.

o

Reduce labor costs.


According to Jones (2007), what attributes should information provided to managers have

to be useful to the organization?

o

Complete, accurate, relevant, and timely

o

Clear, quality, engaging, and responsive

o

Complete, efficient, effective, relevant

o

Superior, relevant, timely, and innovative


The operating system that combines both the benefits of customized products and low

cost production is called

o

mass production

o

small-batch production

o

standardized production

o

flexible production


What is the major advantage of broadband technology?

o

Quick transmission of very large amounts of information

o

Transfer of data between networks over the Internet

o

Connection of databases of different institutions

o

Creation of an area network that links PCs to a central server


Which of the following is software developed for business within the same industry to

conduct trading?

o

Open source exchange

o

Business exchange center

o

Networking protocol

o

B2B marketplace


In the history of modern computers, which of the following came first?

o

Mainframe computers

o

Microprocessors

o

PCs

o

The World Wide Web


According to Jones (2007), which type of operating system is designed to make unique or

custom-made products?

o

Materials management production

o

Mass production

o

Flexible production

o

Small-batch production


Which best describes e-commerce?

o

Systems used for exchange

o

Same industry commerce

o

Commerce between wholesalers and retailers

o

Trade that is transacted electronically


Which of the following best explains how information technology improves innovation in a

company?

o

Allowing the organization to identify new audiences for an existing product

o

Tracking changes in financing related to product development

o

Giving customers ability to purchase products more easily

o

Providing up-to-date information on changes to products and systems


Which of the following best describes the result of information overload?

o

Data is missing which makes information difficult to understand.

o

Large amounts of real-time data make it difficult to collect.

o

Vast amounts of information make it difficult to determine what is useful.

o

Excess data causes systems to fail.


The combination of which two factors gives people the ability to better react to the

economic environment in which they function?

o

Facts and numbers

o

Knowledge and learning

o

Data and technology

o

Hardware and software


According to Jones (2007), the hardware and software components of a company’s

existing IT systems are called its

o

legacy systems

o

network computers

o

microprocessors

o

mainframes

BUS 211 Week 5 Business Portfolio Presentation

Resource: Student Appendix A

Review the assignments you completed throughout the course.

Create a 8-10 slide Powerpoint (No Paper is Due) and include information on the

following topics:

Business organization

Potential legal or ethical issues

Business culture

Types of motivation

Technology

The operations of the five areas of human resource management in your fictional

company

The effects and costs of operations and materials management on your fictional

company

Include at least 3 citations and a reference slide conistant with APA formatting.


Appendix A

Final Project Overview and Timeline

Final Project Overview

Create a 8-10-slide Microsoft® PowerPoint

® presentation supporting the topics below and

based on your previous individual assignments (see below under Final Project Timeline).

Use text, charts, tables, visuals, etc., to detail the different areas of business found within your

company.

Business organization

Potential legal or ethical issues

Business culture

Types of motivation

Technology

The operations of the five areas of human resource management in your fictional

company

The effects and costs of operations and materials management on your fictional

company

Final Project Timeline

You should budget your time wisely and work on your project throughout the course. As

outlined below, some of the assignments in the course are designed to assist you in creating

your final project. If you complete your course activities and use the feedback provided by the

instructor, you will be on the right track to complete your project successfully.

Suggested in Week One: Describe the three components of your company’s business

system and the form of business organization that you will be using.

Suggested in Week Two: Create a fictional business that you will use for assignments

throughout the remainder of the class. Describe the products or services your business will

provide and how you plan to use profits to increase your business’s profitability.

Suggested in Week Three: Describe the role of entrepreneurs, managers and employees

in your company. Describe its ethical code of conduct, including rules and principles that

your company will use in decision-making. Examine any laws that may be relevant to your

chosen rules and principles and how these laws differ from the business ethics you have

established. Explain the behaviors that you would like to cultivate in your company. Identify

the methods of motivation that will be used to motivate your employees.

Suggested in Week Four: Determine the roles of the five areas of human resource

management in your company. Determine the role of technology in your company and

how operations and materials will be managed.

Due in Week Five: Complete your final Microsoft® PowerPoint

® presentation. Post as

attachments to your Assignment forum.

BUS 211 Week 5 Quiz

Your answers : 7/7 (100%)


A three stage business plan is used by managers. Which of the following is one of the

stages?

o

Assembling raw materials into finished products

o

Calling customers to sell products

o

Answering questions about products from customers

o

Selecting goals and targets for team members


What leadership approach would a leader take if they were to combine a concern for the

well-being of the employee with an approachable demeanor and attitude?

o

Participative approach

o

Supportive approach

o

Direct approach

o

Achievement-oriented approach


Marketing, operations, sales distribution, and customer service support are included in

what functions of a business?

o

Complimentary function

o

Primary value function

o

Secondary value function

o

Tertiary function


Which component of the HRM system determines who is the best fit for the organization’s

specific job requirements?

o

Labor relations

o


o


o

Pay and benefits


A detailed SWOT analysis would classify competition in the industry or market as a

o

threat

o

strength

o

opportunity

o

weakness


What term best describes the buyers and sellers available for a particular product?

o

Company

o

Demand

o

Market

o

Supply


When looking at a demand curve for a particular product. The slope falls downward from

left to right. This slope shows which of the following:

o

As price decreases, quantity increases.

o

As price increases, quality increases.

o

As price decreases, quality increases.

o

As quantity decreases, price decreases.

Education

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