工商导论习题.docxVIP

CHAPTER 1 Understanding the U.S. Business Environment Multiple Choice 3. What are profits? B a. total money taken in by a corporation b. difference between revenues and expenses c. increases in a corporations stock price d. increases in income from year to year e. none of the above 5. Which of the following is NOT a factor of production? D a. labor b. capital c. entrepreneurs d. government e. physical resources 7. The funds needed to create and operate a business enterprise can be referred to as C a. physical resources. e. none of the above. b. the money supply. c. capital. d. information resources. 9. Tangible goods that organizations use in conducting their businesses can be referred to as A a. physical resources. b. the money supply. c. capital. d. information resources. e. none of the above 11. Which of the following is an example of information resources? D a. market forecasts b. specialized knowledge about satellite technology c. economic data d. all of the above e. none of the above 13. In a market economy, the factors of production are allocated by C a. state commerce departments. b. the federal government. c. producers and consumers. d. all of the above. e. none of the above. 15. Which of the following is identified by the textbook as being a communist nation? A a. Vietnam b. Sri Lanka c. Indonesia d. Malaysia e. Iraq 17. A market in which firms supply goods and services is called a(n) ______ A a. output market. b. input market. c. supply market. d. selling market. e. open market. 19. Ford Motor Company sells its cars and trucks in a(n) A a. output market. b. input market. c. supply market. d. selling market. e. open market. 21. A economy has characteristics of both planned and market economies. A b. privatized c. capitalist d. hybrid e. dual a. mixed market 23. In which economic system does the government own and operate selected major industries?B a. communism b. socialism c. partialism d. free enterprise e. Hinduism 25. The term supply as encountered in