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chapter 9

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9 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Currently, manufacturing accounts for only around 70% of U.S. GDP.? 2.? The 2008 recession greatly affected the state of manufacturing in the U.S., resulting in a slow down in production and the loss of jobs.? 3.? The Green Movement has had a large affect on the service industry, but only a negligible affect on manufacturing.?

chapter 8

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8 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Organizing the structure of the company means deciding how many jobs need to be done and who is responsible for doing them.? 2.? One reason to reorganize is to become more competitive.? 3.? In a capitalist economy, organizations seldom reorganize due to changing markets.? 4.? One key to organizational success is to go back to basic principles and build the business on a sound foundation.?

chapter 7

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7 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Managers utilize organizational resources such as employees, information, and equipment to accomplish goals.? 2.? The main job of managers today is to watch over people to be sure they do what the manager asks of them.? 3.? The best way to get people to do what a manager wants is for the manager to reprimand those who don't do things correctly.?

chapter 6

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6 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Entrepreneurship involves accepting the risk of starting and running a business.? 2.? Entrepreneurship is another name for management.? 3.? Entrepreneurs are less important now than in the past to the U.S. economy.? 4.? People who are 16 to 34 years old are not attracted to starting their own business.?

chapter 5

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5 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? The corporation is the most common form of business ownership.? 2.? The three major forms of business ownership in the U.S. are sole proprietorships, partnerships, and corporations.? 3.? Few people today start their own business.? 4.? Once a business is established, it's almost impossible to change from one form of business ownership to another.?

chapter 4

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4 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? The Enron scandal illustrates the difference between unethical behavior and illegal behavior.? 2.? Ethical behavior requires more than following the law.? 3.? Legal behavior and ethical behavior are basically the same.? 4.? A society gets into trouble when people consider only what is illegal and not also what is ethical or unethical.?

chapter 3

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3 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Today, over 90% of the companies doing business globally believe it is important for their employees to have experience working in other countries.? 2.? Importing is the selling of products to another country.? 3.? Exporting is the selling of products to another country.? 4.? The United States imports more products and services than any nation in the world.?

chapter 2

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2 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? America's business success is largely due to an economic and social climate that allows businesses to operate freely.? 2.? Global economics and politics have no significant influence on businesses in the United States.? 3.? The study of how society chooses to employ resources to produce goods and services and to distribute them for consumption among various competing groups and individuals is known as sociology.?

chapter 1

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1 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Businesses provide goods, jobs, and services to others.? 2.? Businesses seek to earn a profit by providing goods and services to others.? 3.? Revenue is the amount a business earns above and beyond what it spends for expenses and costs.? 4.? Profit is the amount of money a business earns above and beyond what it spends for salaries and other expenses.?

Chapter 11 and 12 review American Pageant 15th edition

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