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Taking Risks and Making Profits within the Dynamic Business
TEST PLANNING TABLE FOR CHAPTER 1
1. Describe the relationship
between profit and risk and show
Ch 4 #2 Key
Chapter 4 Test Spring 2012
1. (p. 92) _ refers to standards of moral behavior.
2. (p. 90) Laws represent the standards of _ behavior.
D. socially responsib
Chapter 1 Test
1. (p. 9) Tools, machinery, and buildings are examples of capital resources.
2. (p. 12) Taxes and government regulations are part of the economic and legal environment in which
3. (p. 14) Technology can h
Alossoccurs when acompany
a. has revenues greater than expenses.
b. hires toomany new workers.
c. has expenses greater than revenues.
d. has taken arisk.
Ingeneral, the _the risk,the _the