{"id":205170,"date":"2018-09-14T04:51:54","date_gmt":"2018-09-14T04:51:54","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/14\/bus-508-chapter-1-quiz\/"},"modified":"2018-10-24T08:55:07","modified_gmt":"2018-10-24T08:55:07","slug":"bus-508-chapter-1-quiz","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/bus-508-chapter-1-quiz\/","title":{"rendered":"BUS 508 Chapter 1 Quiz"},"content":{"rendered":"<p>1. \ufffd ________ is the willingness to take risks to create and operate a business.\t2. \ufffd ________ represents rewards for businesspeople who take the risks involved in blending people, technology, and information to create and market want-satisfying goods and services.\t3. \ufffd A brand cannot be a name, term, sign, symbol, design, or some combination that identifies the products of one firm and differentiates them from competitors&#8217; offerings.\t4. \ufffd The need to develop environmentally friendly products and processes is not becoming a major new force in business today.\t5. \ufffd A skilled and knowledgeable workforce is an essential resource for keeping pace with the accelerating rate of change in today&#8217;s business world.\t6. \ufffd Business consists of all nonprofit-seeking activities and enterprises that provide goods and services necessary to an economic system.\t7. \ufffd ________ includes anyone who works, including both the physical labor and the intellectual inputs contributed by workers.\t8. \ufffd Energy is among the smallest costs for most firms, and carbon-based fuels such as coal are responsible for most of the additional carbon dioxide in the atmosphere.\t9. \ufffd ________ are growing more influential as a link between companies and their customers, and more companies are beginning to take advantage of their directness.\t10.\u00a0 Not-for-profit organizations are a substantial part of the U.S. economy.\t11.\u00a0 ________ is a partnership formed to create a competitive advantage for the businesses involved.\t12.\u00a0 Colonial society emphasized rural and agricultural production.\t13.\u00a0 ________ is a broad term that refers to such machinery and equipment as computers and software, telecommunications, and inventions designed to improve production.\t14.\u00a0 ________ consists of all profit-seeking activities and enterprises that provide goods and services necessary to an economic system.\t15.\u00a0 ________ is using outside vendors to produce goods or fulfill services and functions that were previously handled in-house or in-country.\t16.\u00a0 ________ is the battle among businesses for consumer acceptance.\t17.\u00a0 ________ organizations are businesslike establishments that have primary objectives other than returning profits to their owners.\t18.\u00a0 Many members of the Baby Boom generation, the huge number of people born between ________, are still hitting the peaks of their careers.\t19.\u00a0 The ________ began in England around 1750.\t20.\u00a0 ________ is building and promoting products in the hope that enough customers will buy them to cover costs and earn profits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. \ufffd ________ is the willingness to take risks to create and operate a business. 2. \ufffd ________ represents rewards for businesspeople who take the risks involved in blending people, technology, and information to create and market want-satisfying goods and <a href=\"https:\/\/www.benedictsol.com\/blogs\/bus-508-chapter-1-quiz\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-205170","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/205170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=205170"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/205170\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=205170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=205170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=205170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}