Technology touches few aspects of life in most developed countries around the world.

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


False

To say that technology has permeated almost every aspect of life in most developed countries would be an understatement. With the number of Internet users continuing to climb throughout the world, it is no wonder that online sales of products and services continue to rise. The Internet accounted for 21 percent of the GDP growth in mature economies over the past five years.

Business

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Individuals are said to be collaborating when

A. they have reciprocal faith in others' intentions and behaviors. B. they have a sense of togetherness and unity. C. they have ceased to be competitive with one another and prefer harmony. D. their motivation comes from a desire to please a supervisor or the seeking of a tangible reward. E. they are sharing information and coordinating efforts to achieve a collective outcome.

Business

A(n) ______ is a business that is independently owned and operated, with a small number of employees and a relatively low volume of sales.

a. entrepreneurial venture b. independent operation c. franchise d. small business

Business

On April 1, Abe stole Rod's ATM card and PIN. Abe withdrew $3,000 from Rod's bank account on April 1 . On April 2, Rod notified his bank of the theft. Rod's liability is:

a. unlimited and he suffers the loss of $3,000. b. limited to $50 because he reported the theft within 2 days. c. limited to $300 because he reported the theft within 10 days. d. limited to $500 because he reported the theft within 60 days.

Business

The Constitution provides congress with the power to regulate business activities that affect interstate commerce

Indicate whether the statement is true or false

Business