Question: Match the following terms and definitions. Please write your answer beside the number of the questions. 1 Baby Boomers 2 business 3 business environment 4

Match the following terms and definitions. Please write your answer beside the number of the questions. 1 Baby Boomers 2 business 3 business environment 4 climate change 5 crowdsourcing 6 database 7 demography 8 e-business 9 e-commerce 10 empowerment 11 entrepreneur 12 factors of production 13 Generation Y (Millennials)14 Generation Z 15 goods 16 greening 17 identity theft 18 insourcing 19 loss 20 non-profit organization 21 offshoring 22 outsourcing 23 productivity 24 profit 25 quality of life 26 regulations 27 revenue 28 risk 29 services 30 stakeholders 31 standard of living 32 sustainability 33 technology Answer choices for questions 1 through 33A)The resources used to create wealth: land, labour, capital goods, entrepreneurship, and knowledge.B)Using the expertise of a large group of people to solve a business problem.C)The trend toward saving energy and producing products that cause less harm to the environment.D)Any information system or application that empowers business processes.E)Tangible products such as computers, food, clothing, cars, and appliances.F)Assigning various functions that could go to an outside organization to employees in the company.G)An organization whose goals do not include making a personal profit for its owners or organizers.H)Any activity that seeks to provide goods and services to others while operating at a profit.I)The buying and selling of goods and services over the Internet.J)The total amount of money received during a given period for goods sold and services rendered, and from other financial sources.K)Development that meets the needs of present and future generations.L)The movement of the temperature of the planet up or down over time.M)The statistical study of the human population with regard to its size, density, and other characteristics such as age, race, gender, and income.N)Giving front-line workers the responsibility, authority, and freedom to respond quickly to customer requests.O)The chance of loss, the degree of probability of loss, and the amount of possible loss (i.e., time and money).P)Everything from phones and copiers to computers, mobile devices, medical imaging machines, and the various software programs and apps that make business processes more effective, efficient, and productive.Q)The surrounding factors that either help or hinder the development of businesses.R)An electronic storage file for information.S)Assigning various functions, such as accounting, production, security, maintenance, and legal work to outside organizations.T)The amount a business earns above and beyond what it spends for salaries and other expenses.U)The amount of output that is generated given the amount of input (e.g., hours worked).V)A demographic group of Canadians that were born in the period from 1995 onward.W)All the people who stand to gain or lose by the policies and activities of a business.X)Intangible products (i.e., products that can't be held in your hand) such as education, health care, insurance, recreation, and travel and tourism.Y)When a business's expenses are more than its revenues.Z)Sourcing part of the purchased inputs outside of the country.AA)The amount of goods and services people can buy with the money they have.AB)A demographic group of Canadians that were born in the period from 1977 to 1994; the children of the Baby Boomers.AC)The general well-being of a society in terms of its political freedom, natural environment, education, health care, safety, amount of leisure, and rewards that add to the satisfaction and joy that other goods and services provide.AD)Restrictions that provincial and federal laws place on businesses with respect to the conduct of their activities.AE)A demographic group of Canadians that were born in the period from 1946 to 1964.AF)Obtaining an individuals' personal information, such as Social Insurance Number and credit card numbers, for illegal purposes.AG)A person who risks time and money to start and manage a business.

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