BUS101 Economics terms (busi,econ) 107

BUS101 Economics terms (busi,econ) 107 - consumption that...

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Question 24 0 out of 5 points A franchise can be formed: Answer Selected Answer: only as a corporation. Question 25 5 out of 5 points Which of the following is one of the fastest-growing segments of the U.S. economy in the last decade? Answer Selected Answer: minority-owned businesses CHAPTER 8 PRODUCT AND SERVICES STRATEGY MULTIPLE CHOICE QUESTIONS 1. Anything that can be offered to a market for attention, acquisition, use, or
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Unformatted text preview: consumption that might satisfy a want or need is called a(n): a. idea. b. demand. c. product. d. service. Answer: (c) Difficulty: (2) Page: 278 2. Broadly defined, products include all of the following EXCEPT : a. money and payments. b. services. c. ideas. d. persons. Answer: (a) Difficulty: (3) Page: 278 3. A ______________________ is a form of product that consists of activities,...
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