Question: 1. The difference between what it costs to make and sell a product and what a customer pays for it is referred to as _____.

1. The difference between what it costs to make and sell a product and what a customer pays for it is referred to as _____.

2. The functions of organizing, staffing, planning, and controlling are most closely associated with:

3. Which of the following positions would gather information and conduct research to determine what customers want?

4. People who work as accountants, stockbrokers, investment advisors, or bankers are all part of the _____ world.

5. An oligopoly exists when:

6. The principles and standards that determine acceptable conduct in business organizations are referred to as:

7. The term _____ refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.

8. The _____ Act criminalized securities fraud and toughened penalties for corporate fraud.

9. _____ are payments, gifts, or special favors intended to influence the outcome of a decision.

10. Which of the following is associated with a hostile workplace when a person or group is targeted and is threatened, harassed, belittled, verbally abused, or overly criticized?

11. The transferring of manufacturing or other taskssuch as data processingto countries where labor and supplies are less expensive is called

12. A nation's _____ can be best defined as the difference in value between its exports and imports. 13. The ratio at which one nation's currency can be exchanged for another nation's currency is known as

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