When businesses sell to other businesses online these transactions are known as?
Business-to-business (B2B) is a transaction or business conducted between one business and another, such as a wholesaler and retailer. B2B transactions tend to happen in the supply chain, where one company will purchase raw materials from another to be used in the manufacturing process.
Is a measure of the general well being and satisfaction derived from a variety of factors?
Answer: The Quality of life is a measure of the general well–being and satisfaction derived from a variety of factors including political freedom, safety, education, and a clean environment. The correct answer is Quality of life.
Is illegally obtaining and illegally using private information about a person?
Identity theft occurs when someone uses another person’s personal identifying information, like their name, identifying number, or credit card number, without their permission, to commit fraud or other crimes. The term identity theft was coined in 1964.
Is the amount a business earns after deducting?
Profit is the amount a business earns after deducting what it spends for salaries and other expenses.
Which of the following is not a factor of production group of answer choices?
Answer Expert Verified
Goods and services are not factors of production. Factors of production are inputs that are needed to provide goods or services. They include, land, labor, capital, and entrepreneurship.
Which of the following best describes the main difference between B2B and B2C transactions?
Which of the following best describes the main difference between B2B and B2C transactions? B2B transactions: involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.
Is the study of how a society employs its limited resources to produce goods and services?
|Term __________ is the study of how a society employs its limited resources to produce goods and services and how it distributes them among competing groups and individuals.||Definition Economics|
|Term The foundation of the U.S. economic system is based on:||Definition Capitalism.|
What is the difference between profit and nonprofit business organization which is easier to manage?
As the Houston Chronicle’s James Green writes, “While the aim of for-profit organizations is to maximize profits and forward these profits to the company’s owners and shareholders, nonprofit organizations aim to provide society’s needs.
When a business makes decisions which group outside of the business is affected in some way?
External stakeholders are groups outside a business or people who are not directly working within the business but are affected in some way from the decisions of the business, such as customers, suppliers, creditors, community, trade unions, and the government.
Is a person who assumes the risk of starting a business?
An entrepreneur is a person who assumes the risk of starting a business. One characteristic that identifies an entrepreneur is that they are risk-takers.