ning, organizing, staffing, directing, and controlling (developing) a o company's resources so that it can Management b. Production c. Economics d. Consumerism Capital is a term which includes: 11.a only cash in the corporation's checking account b. the number of delivery vans and buildings the firm owns c. the amount the firm owes to Office Supplies for the printing paper order d. the amount of long term debt and/or stock the company has 12. In theory,a_ economy is one in which the government owns& controls all enterprises. Free market a. b. Communist c. Socialist d. Financial 13. The "Mission Statement" section of the business plan contains the fundamental beliefs about what is and what isn't appropriate and important in conducting company activities. a. True b. False 14. In marketing, supply and demand interact to create a(n) price-the price at which buyers are willing to purchase the amount that sellers are willing to sell. Equilibrium b. Gross domestic product C. Consumer d. High-level -, a group of people who are legally responsible for governing 15. The shareholders elect a the corporation 3rd shift mangers board of directors line managers group of potential shareholders a. c. d. 16. What external forces influence business activities? a. b. c. d. Consumer trends The economy The government all of the above 17. All of the following are the different forms of economies EXCEPT a. Planned economy b. Mixed economy c. Socialistic d. Communistic e. Patriotic