Business Concepts Flashcards

Business Concepts Flashcards

Assessment

Flashcard

Business

11th Grade

Hard

Created by

Steven Hendricks

FREE Resource

Student preview

quiz-placeholder

20 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Balance of payments

Back

A record of a country's trade and financial transactions with the rest of the world.

2.

FLASHCARD QUESTION

Front

Business

Back

Any activity conducted by an individual or individuals to produce and sell goods and services that satisfy the needs of society, as well as making profit.

3.

FLASHCARD QUESTION

Front

Business opportunity

Back

A set of circumstances that presents itself as an avenue to success.

4.

FLASHCARD QUESTION

Front

Corporate social responsibility

Back

Managing a business in a way that the broader social welfare of the community, including employees, customers, suppliers, and the environment, is considered in business decisions.

5.

FLASHCARD QUESTION

Front

Decision-making

Back

The ability to identify the options available and then choose a specific course of action from the alternatives.

6.

FLASHCARD QUESTION

Front

Economy

Back

A system set up to determine what to produce, how to produce, and to whom production will be distributed.

7.

FLASHCARD QUESTION

Front

Entrepreneur

Back

A person willing to seize opportunities to start and operate a business, prepared to take risks for profit.

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?