Question 1

Question

A)
In what type of organizations do those at the top of the chain have more information and power
than those at the bottom?
(1 point)
hierarchical
non-hierarchical
flatarchy
dominarchy
Question 2
A)
What are physical objects for purchase referred to as?
(1 point)
risks
goods
services
shares

1 and 2

Answer 1

1. A) In what type of organizations do those at the top of the chain have more information and power than those at the bottom?
   Answer: hierarchical

2. A) What are physical objects for purchase referred to as?
   Answer: goods

Answer 2

A)
Initially, Susan Wojcick simply rented out her garage to two Sanford PhD students who started
Google as a research project. What is one role that Ms. Wojcick went on to fill at Google?
(1 point)
Running the advertising department
Head of marketing
Managing editor
Vice-president

Answer 3

A) Initially, Susan Wojcicki simply rented out her garage to two Stanford PhD students who started Google as a research project. What is one role that Ms. Wojcicki went on to fill at Google?
Answer: Head of marketing

Answer 4

A)
What terms best refers to anything that can be bought or sold?
(1 point)
product
risk
shares
market

Answer 5

A) What term best refers to anything that can be bought or sold?
Answer: product

Answer 6

A)
What term best refers to a task or action that is performed for a fee?
(1 point)
service
product
shares
risk

Answer 7

A) What term best refers to a task or action that is performed for a fee?
Answer: service

Answer 8

A)
What is it called when one person owns or manages a business?
(1 point)
entrepreneurial endeavor
sole proprietorship
independent ownership
mutual management

Answer 9

A) What is it called when one person owns or manages a business?
Answer: sole proprietorship

Answer 10

A)
If a business operates in a single country, it is a _____ business.
(1 point)
national
international
multinational
local

Answer 11

A) If a business operates in a single country, it is a _____ business.
Answer: national