Question: 1 This is created when a nation has the ability and drive to produce their domestic products at much lower costs to other nations. 2

1This is created when a nation has the ability and drive to produce their domestic products at much lower costs to other nations.2Businesses use these resources to make and produce items for consumers, which include land, laborers, equipment, etc.3What is the term called where someone exposes wrongdoing in an organization to the authorities?4Organizations have adapted to utilize these team types to take different areas of the company, such as marketing, operations, finances, etc., and having them work together for the greater good of the company.5In doing business overseas in an overseas market, one of the key components to growth is to know the nations level of economic _____________.6Who was the crooked con-artist that took over $60billion of peoples money in a Ponzi style scheme in the in the 2000-2010 timeframe?7When the US is buying more goods abroad than it is selling other nations, this is one of the key aspects of a trade ___________.8This is set by the federal government, an in some cases even at the state level but at a higher than federal rate, when it comes to what a person can be paid. Some argue that the higher this goes, the more companies find automated ways to reduce or eliminate human work positions, which leads to things being worse than when it was started.9Oftentimes due to legislation that has passed that hurt the farming industry, the US government provides these to farmers to assist in their production costs due to hard times?10This is a category of folks with similar skills who work along with each another to achieve a specific goal.11Due to the US having stifling labor laws and costs, US countries often times move much of their manufacturing overseas for cost balancing. This is a form of outsourcing know as _____________(two-words)12What is controlled by the Federal Reserve System, which partially exists to control short-term interest rates to control the flow of money?13According to the textbook, in 2019, this was the largest multinational corporation in the world with over a half-trillion dollars in revenue.14Private property rights are a crucial component in what economic system?15According to the textbook, even so featured in a figure, when studying the effect of team-based operations improving the organization, this performance area accounted for the lowest percentage.16This restaurant has locations overseas that offer beer on the menu and the Shrimp Burger in Japan.17What is formed with the demand and supply curves meet together?18Around the years 2004 to 2008, these types of mortgages ultimately brought on the national downturn to the rest of the economy.19According to a 2018 study, this accounted for 4% of the workplace deaths, then second lowest in all of the categories studied.20The world is made up of many nations, which have many laws. These nations have many trade agreements, One of which is the USMCA which brought which three countries into a new agreement, thus redefining the scope of NAFTA.21With workplace performance at hand, research has shown that when organizations have built these elements of business, (see also question #10, its not a trick question) the overall organizational performance generally improves.22What is a major downside to having a sole proprietorship, where you are held to all liabilities of the losses incurred at any point? (two words)23What US government agency observes McDonalds and other fast-food places to ensure the food served is safe for consumers?24Corporations are oftentimes owned by ___________, which is a combination of individuals, or even smaller legal entities, that have a monetarily vested interest in the company buy owning stock.25What is the term given where just a handful of companies dominate the offering of a product or service?26Advantages in ______________ are exceedingly growing in ways that help us produce and deliver goods and services.27What world entity host 27 host nations that combined share in areas such as trade, currency, even universalizing their passports?28What law replaced NAFTA?29When government entities only allow one provider of a cable company in the county, this forms what type of monopoly?30Which model is used for to examine external environment which an organization operates.31The earth is a big place, with lots of countries and different economies all working in unison and sharing in three shared objectives: growth, high employment, and ______ stability.32What exists when many small businesses compete for a consumers demand for standardized products?33When two (or more) companies combine to make a new company, this is called a ________?34For fun, and for one point, what is your favorite food?

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