BUS 100 Midterm Exam Answers http://www.projbid.com/downloads/bus-100-midterm-exam-answers/Question 14 out of 4 pointsThe _____ is the business entity in a franchise relationship that allows others to operate a business using resources it supplies in exchange for money and other considerations Question 24 out of 4 points_____ is the contractual relationship in which an established firm supplies another business with uniue resources in exchange for payment and other considerations. Question 34 out of 4 pointsThe party in a franchise relationship that pays for the right to use resources supplied by another business entity is !nown as the Question 44 out of 4 points" nonprofit corporation enjoys the benefit ofr Question 54 out of 4 points#rom the standpoint of an owner$ a major ad%antage of the sole proprietorship is the: Question 64 out of 4 points" company must register as a foreign corporation if they Question 4 out of 4 points&ot all corporations are large. 'n recent years$ about () percent of corporations ha%e reported less than _____ in total sales re%enue. Question !4 out of 4 pointsThe federal go%ernment runs a budget deficit when its Question "4 out of 4 points*hanges in the ++' can predict changes in the *onsumer +rice 'ndex ,*+'- because Question 104 out of 4 points"n economic system is a structure for Question 114 out of 4 points'n _____$ many firms compete by selling differentiated products. Question 124 out of 4 points'n the broadest sense$ economics studies the choices that Question 134 out of 4 pointsThe amount of goods and ser%ices produced by an economy di%ided by the amount of resources used to ma!e those goods and ser%ices$ measures economic Question 144 out of 4 points_____ are people willing to ta!e the ris! of starting$ owning$ and operating a business. Question 154 out of 4 pointsThe majority of new small business owners rely hea%ily on _____ to finance their start-ups.. /uestion 10) out of ) points#or research purposes$ the 1mall 2usiness "dministration ,12"- defines small business as companies with up to _____ employees.. /uestion 13) out of ) points_____are small segments within a mar!et that can offer profit potential to entrepreneurs who !now how to ser%e them.. /uestion 14) out of ) points_____ pro%ide funds to small businesses with high growth potential in exchange for a share of ownership in the company.. /uestion 15) out of ) points",n- _____ is a formal document that describes a business concept and outlines the core businessobjecti%es while detailing the strategies and timelines for achie%ing those objecti%es.. /uestion (0) out of ) points&onprofit organi6ations are not in the business of. /uestion (1) out of ) points_____ refers to the uality and uantity of products and goods a%ailable to a population at a gi%en time.. /uestion (() out of ) pointsThe hard sell or aggressi%e persuasion designed to separate consumers from their cash emerged during the. /uestion (7) out of ) pointsThe four major categories of factors of production are. /uestion ()) out of ) points'n 1558$ a renegotiation of the 9eneral "greement on Tariffs and Trade ,9"TT- too! bold steps to lower tariffs and to reduce trade restrictions. " tariff is a. /uestion (8) out of ) points&atural resources includeSet 2. /uestion 1) out of ) points"ccording to the textboo!$ using scanner data from retail sales is an example of. /uestion () out of ) points_____ is the process of continually collecting information from the external mar!eting en%ironment.. /uestion 7) out of ) points_____ refers specifically to how people act when buying goods and ser%ices for personal consumption.. /uestion )) out of ) pointsThe successful mar!eting campaign :;hat happens in T an effecti%e hoo!?. /uestion 13) out of ) points_____ uses state-of-the-art euipment to pro%ide people in a %ariety of locations the opportunity to participate interacti%ely in a presentation$ while pro%iding a high degree of channel richness.. /uestion 14) out of ) points@istening is a critical factor$ but many ha%e a hard time completely engaging in acti%e listening. The primary reason for this lac! of engagement stems from. /uestion 15) out of ) pointsAason was ha%ing e%en more trouble than usual concentrating on his economics professorBs lecture because the classroom was too hot and the chair he was sitting in was uncomfortable. Theheat and uncomfortable chair are both _____ barriers to communication.. /uestion (0) out of ) points_____ offer goods to business customers. These business customers are too small to merit a salescall from the distributorBs representati%e. Question 21) out of ) points_____ is the method used to determine the number of units a firm must sell at a specific price to co%er all costs.. /uestion (() out of ) points_____ ta!es legal possession of the goods being distributed$ while _____ do not ta!e title of the goods. Question 23) out of ) points*ompanies li!e CcDonaldBs$ who place their stores in as many location as possible$ are using a strategy called Question 24) out of ) pointsThe career field called _____ in%ol%es planning and coordinating the flow of goodsEfrom the raw materials to the final consumers. Question 25) out of ) points_____ is the positi%e difference between re%enue and costs.