Milton Friedman believed the only ________ ____________ of a business is to make a profit while operating within the rules of the game.

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


social responsibility

Business

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Aromas Inc, introduced a new line of shower gels. To analyze consumer reaction, the company interviewed people who bought them. When Sarah was asked why she had chosen the new shower gel, she said she bought it because a friend recommended it

Sarah is at which level of the brand dynamics pyramid? A) presence B) bonding C) relevance D) performance E) advantage

Business

A country in South America has large reserves of copper and tin. Mining forms the pillar of its economy. A major part of its revenue is generated from exporting these resources. This country is poor in many other ways

It is a good market for large equipment, tools, supplies, and trucks. Since there are many foreign residents in this country and a wealthy upper class, it is also a market for luxury goods. This country most likely has a(n) ________ economy. A) subsistence B) raw material exporting C) emerging D) developed E) industrial

Business

An ERP system combines the management of all major business activities with support activities to form one easy-to-access, centralized data warehouse

Indicate whether the statement is true or false

Business

A taxpayer generally includes in gross income the amount of debt forgiven by a lender.

Answer the following statement true (T) or false (F)

Business