Test Bank The U.S. Business Environment

This test bank contains 146 test bank questions as well as open ended questions (essay type questions) with all answers.

Test Bank the U.S. Business Environment will help you to assess following learning objectives of students:

1. Define the nature of U.S. business, describe the external environments of business, and discuss how these environments affect the success or failure of organizations.

2. Describe the different types of global economic systems according to the means by which they control the factors of production.

3. Show how markets, demand, and supply affect resource distribution in the United States, identify the elements of private enterprise, and explain the various degrees of competition in the U.S. economic system.

4. Explain the importance of the economic environment to business and identify the factors used to evaluate the performance of an economic system.

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