Quiz 1

move 1 5 out of 5 points Entrepreneurs ar commonly characterized as assist Selected come risk takers and decision makers. discipline upshot risk takers and decision makers. * Question 2 5 out of 5 points The sonorous sell or aggressive thinking designed to separate consumers from their cash emerged during the _____ cause Selected practice production date temper dissolving agent production era * Question 3 5 out of 5 points To be successful entrepreneurs must be cosy risking their money and _____ to start and manage a business. practice Selected solvent time Correct Answer time * Question 4 5 out of 5 points In 1995, a renegotiation of the General Agreement on Tariffs and Trade (GATT) took bold steps to land dutys and to reduce trade restrictions. A tariff is aAnswer Selected Answer impose on imports. Correct Answer levy on imports. *Question 5 5 out of 5 points The four major categories of factors of produc tion areAnswer Selected Answer natural resources, enceinte, human resources, and entrepreneurship. Correct Answer natural resources, capital, human resources, and entrepreneurship. * Question 6 5 out of 5 points In the relationship era, firms began to recognize that cultivating current customers is to a greater extent profitable than constantly _____Answer Selected Answer pursuit new customers. Correct Answer quest new customers. * Question 7 5 out of 5 points During the marketing era consumers foundAnswer Selected Answer more choices for goods and services. Correct Answer more choices for goods and services. *Question 8 5 out of 5 points As a factor of production, capital would involveAnswer Selected Answer machines, tools, buildings, and technology. Correct Answer machines, tools, buildings, and technology. * Question 9 5 out of 5 points Human resources include theAnswer Selected Answer physical, intellectual , and creative contributions of individuals working(a) deep down an economy. Correct Answer physical, intellectual, and creative contributions of individuals working within an economy. * Question 10 5 out of 5 points _____ refers to the quality and bill of products and goods available to a population at a given time. Answer Selected Answer Standard of living Correct Answer Standard of living quiz 1