BA 101 Midterm 1 2026 Expert
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Stakeholder - 🧠ANSWER ✔✔(in gambling) an independent party with
whom each of those who make a wager deposits the money or counters
wagered.
a person with an interest or concern in something, especially a business.
Shareholder - 🧠ANSWER ✔✔A person, company, or institution that owns at
least one share of a company's stock, known as equity. Because
,shareholders essentially own the company, they reap the benefits of a
business's success.
Specialized Economy - 🧠ANSWER ✔✔Uncertainty-Not knowing how the
market will respond
Why did the segway struggle? - 🧠ANSWER ✔✔
- 🧠ANSWER ✔✔High expectations
Future of transport
Management Process - 🧠ANSWER ✔✔To deal with uncertainty and risk in
complex and specialized competitive markets managers rely on:
Finance - 🧠ANSWER ✔✔Arrange for tools and money necessary to meet
the goals of company
Adminstive
Assets - 🧠ANSWER ✔✔Items(tangible or intangible) that have
value(probable future economic benefits)
Economics - 🧠ANSWER ✔✔Study of how society employs resources to
produce goods and services for consumption among various groups and
individuals
, Macroeconomics - 🧠ANSWER ✔✔Concentrates on the operation of a
nation's economy as a whole
Microeconomics - 🧠ANSWER ✔✔Concentrates on the behavior of people
and organizations in markets for particular products or services
Resource Development - 🧠ANSWER ✔✔The study of how to increase
resources and create conditions that will make better use of them.
Resources can be increased through:New energy sourcesNew ways of
growing foodsNew ways of creating goods and services
The Invisible Hand - 🧠ANSWER ✔✔As people improve their own situation
in life, they help the economy prosper through the production of goods,
services, and ideas.
State Capitalism - 🧠ANSWER ✔✔When the state, rather than private
owners, run some of the businesses
Capitalism - 🧠ANSWER ✔✔All or most of the land, factories, and stores are
owned by individualsnot the governmentand are operated for profit
Capitalism's 4 Rights - 🧠ANSWER ✔✔The right to own private property
The right to own a business and keep all that business' profits
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
Verified | Ace the Test
Stakeholder - 🧠ANSWER ✔✔(in gambling) an independent party with
whom each of those who make a wager deposits the money or counters
wagered.
a person with an interest or concern in something, especially a business.
Shareholder - 🧠ANSWER ✔✔A person, company, or institution that owns at
least one share of a company's stock, known as equity. Because
,shareholders essentially own the company, they reap the benefits of a
business's success.
Specialized Economy - 🧠ANSWER ✔✔Uncertainty-Not knowing how the
market will respond
Why did the segway struggle? - 🧠ANSWER ✔✔
- 🧠ANSWER ✔✔High expectations
Future of transport
Management Process - 🧠ANSWER ✔✔To deal with uncertainty and risk in
complex and specialized competitive markets managers rely on:
Finance - 🧠ANSWER ✔✔Arrange for tools and money necessary to meet
the goals of company
Adminstive
Assets - 🧠ANSWER ✔✔Items(tangible or intangible) that have
value(probable future economic benefits)
Economics - 🧠ANSWER ✔✔Study of how society employs resources to
produce goods and services for consumption among various groups and
individuals
, Macroeconomics - 🧠ANSWER ✔✔Concentrates on the operation of a
nation's economy as a whole
Microeconomics - 🧠ANSWER ✔✔Concentrates on the behavior of people
and organizations in markets for particular products or services
Resource Development - 🧠ANSWER ✔✔The study of how to increase
resources and create conditions that will make better use of them.
Resources can be increased through:New energy sourcesNew ways of
growing foodsNew ways of creating goods and services
The Invisible Hand - 🧠ANSWER ✔✔As people improve their own situation
in life, they help the economy prosper through the production of goods,
services, and ideas.
State Capitalism - 🧠ANSWER ✔✔When the state, rather than private
owners, run some of the businesses
Capitalism - 🧠ANSWER ✔✔All or most of the land, factories, and stores are
owned by individualsnot the governmentand are operated for profit
Capitalism's 4 Rights - 🧠ANSWER ✔✔The right to own private property
The right to own a business and keep all that business' profits
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
