1. What is required to maintain favorable relationships with vendors?

2. Three primary factors that affect the organizational structure of a business include interpersonal relationships, tasks, and

3. A lumber business cuts boards from tree trunks. This business gives the resource __________ utility.

4. Who is most likely to report directly to a corporation's chief executive officer (CEO)?

5. Eye contact, facial expression, and body language are examples of

6. A business orders 10% more widgets than it needs because the supply of and the demand for widgets have been difficult to forecast in recent months. This is an example of a business ordering __________ inventory.

7. Which of the following are common security concerns associated with using a computerized accounting system:

8. A business is mostly likely to review customer invoices from the previous year to

9. Hilda Vanderspiel is a German businesswoman who is hosting a dinner for business executives from Delphi, India. When planning the menu for her guests, Hilda should consider their

10. What is a factor that affects a business's selection of policies to guide its operations?

11. Which of the following is an example of current liabilities that a business should include in its balance sheet:

12. If a business lowers the price of a product for the purpose of taking business away from competitors, the result of this action often is a(n)

13. Two people are in a conflict because both of them want to be the group's leader. What is the reason for the conflict?

14. During a heavy rainstorm, Save-Cents Discount Store suffered severe structural damages and flooding. The store's insurance company refused to pay for the store's damages because of an unclear anti-concurrent clause that was placed in the back of the written insurance policy. The anti-concurrent clause allowed the insurance company to deny the claim because there were two sources of damage for the same loss. This situation presents an ethical issue for the insurance company if the

15. As Vanessa walked into the library, Jeremy and Sam were just closing a drawer on the librarian's desk. Later, Vanessa described the incident to the librarian

16. When preparing a personal income tax form, parents report some of their childcare expenses to receive

17. Prohibiting the use of asbestos in buildings is an example of government efforts to

18. Jamie and Todd work in a local stationery store. When business is slow, Jamie tends to talk on the phone and stand around, while Todd tends to straighten the shelves and restock items that are needed. Which of the following traits is Todd demonstrating:

19. Matthias regularly talks to other team leaders in the industry to keep up with current trends that may affect his team vision. Which guideline of sharing a vision does this illustrate?

20. Which of the following would be out of place in a follow-up letter after a job interview:

21. A business has an inventory valued at $750,000. This amount would appear in the business's balance sheet under

22. When analytical reports contain information that readers might disagree with, writers should back their conclusions with

23. A credit plan that requires a signed contract, a down payment, and the balance to be paid over a specific period of time is called __________ credit.

24. Into what two categories can wants be divided?

25. What can employees do to help provide good service to customers?