Government and business work collaboratively with multiple stakeholders to use resources to meet the needs of the members of a society. This arrangement is called the ________ system of a nation.

A) responsible enterprise
B) economic
C) political
D) capitalist
E) free enterprise


B) economic

Business

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It is most accurate to say that when customers purchase products they act on ________ as they judge values and costs

A) objective value B) perceived value C) customer lifetime value D) company image E) society's interests

Business

In his union position, Tom works with union members to deal with management and handle problems with their current labor agreement. Tom is most likely a ______.

A. business agent B. shop steward C. vice president D. senior union rep

Business

The British labor union is somewhat unusual because of its close association with the ___________________ Party.

Fill in the blank(s) with the appropriate word(s).

Business

Which stakeholder group provides financial resources for the project?

A) project sponsors and champions B) customers and users C) upper management D) functional managers

Business