MGT100 - Econ

Front

Which function of business deals with the recording and analyzing of money?

Back

Accounting

Front

Business' main objective is to satisfy the wants/needs of the customer

Back

satisfy the wants/needs of the customer

Front

Which of the following is NOT a business resource: human, technological, informational, material?

Back

technological

Front

Revenue - Expenses =

Back

profit

Front

The study of how we create & distribute wealth

Back

economics

Front

The study of wealth decisions made by individuals & businesses.

Back

microeconomics

Front

The idea of having unlimited wants and needs, but limited resources

Back

scarcity