The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs is called

A. consumerism.
B. the economy.
C. capitalism.
D. business.
E. the workplace.


Answer: D

Business

You might also like to view...

SEM models are estimated so as to minimize the difference between the observed and

estimated covariance matrices. Indicate whether the statement is true or false

Business

Which of the following items would be added to the book balance on a bank reconciliation?

a. Outstanding checks b. A check written for $96 entered as $69 in the accounting records c. Interest paid by the bank d. Deposits in transit

Business

The Statute of Frauds requires real estate sales contracts to be in writing

Indicate whether the statement is true or false

Business

Which of the following is a tool used to determine whether a project or a business process is in a state of statistical control?

A) run chart B) SPC control chart C) process map D) Pareto chart

Business