Busi 1301 final exam Study guides, Class notes & Summaries

BUSI 1301 Business Principles FINAL EXAM REVIEW (262 questions and answers to consider) University of Houston

Products have tangible attributes only Ξ -:- False The goal of business activities is profit Ξ -:- True Nonprofit organization such as habitat for humanity do not engage in management, marketing, or finance activities. Ξ -:- False Profit is what it cost to make and sell a product Ξ -:- False Businesses have the right to keep and use their profits as they choose, without limitations. Ξ -:- False Businesses differ from nonprofit organizations in that a business's focus is on Ξ ...

BUSI 1301 Business Principles Final Exam tips for December 2024 prep (questions and answer) University of Houston

FINAL EXAM REVIEW The principles and standards that determine acceptable conduct in business organizations are a. social responsibility. b. business strategies. c. business ethics. d. business stances. e. corporate citizenship. Which of the following statements is true regarding business ethics and social responsibility? a. All actions deemed unethical by society are also illegal. b. The concerns of what is legal and ethical do not change over time. c. The terms social responsibility ...

Products have tangible attributes only - ANSWER-False The goal of business activities is profit - ANSWER-True Nonprofit organization such as habitat for humanity do not engage in management, marketing, or finance activities. - ANSWER-False Profit is what it cost to make and sell a product - ANSWER-False Businesses have the right to keep and use their profits as they choose, without limitations. - ANSWER-False Businesses differ from nonprofit organizations in that a business's foc...

The consumer price index (CPI) - ANSWER-e. is a monthly index that tracks the prices paid by consumers A system where the basic economic questions are determined, at least to some degree, through centralized government planning is referred to as a ____ economy. - ANSWER-a. command The business cycle has two phases; - ANSWER-c. recession and expansion. Growth in the standard of living measured by the increase in - ANSWER-d. real GDP per person Items bought by businesses to help produc...

BUSI 1301 FINAL EXAM ANSWERS REVIEW

BUSI 1301 Final Exam 2022 with complete solution