Business
Which of the following is a situation in which are out of work and can't afford extra purchases
Bad ecomony
Which of the following is a general benefit profits provides: more product, better wages, higher prices, better supplies
Better wages
The amount of money paid for raw materials and products sold is called
Cost of goods
Which of these factors that affect profit are usually able to be controlled
Expenses and pricing
A popular product I said to be
In demand
Which activities are likely to increase a firms profit
Increasing sales and decreasing expenses
Business owners are usually interested in net profit because they want to know what they can
Keep
The money spent to run a business
Operating expenses
In business terms, income is the money
Received
If expenses are greater than income, there's no
Risk
Which of the following is not an external factor
Risk
Besides motivation, what does profit provide business owners in particular
Satisfaction
If no profit is generated in the long run, a business must
Shut down
Gross profit shows business owners the difference between what they've
Spent and received
Each purchase strengthens the economy by encouraging
Trade
Which of the following is not something a business that receives profit usually does: builds a new facility, expands into a new into a new location, uses credit to get by, gives to charity
Uses credit to get by
To use resources wisely business must redouc
e