BUSI100 Flashcards with correct answers 100% 2026

BUSI100 Flashcards with correct answers 100% 2026 True or False?: Carnegie argues that the law of equity and inclusion is to what we owe our wonderful material development, which brings improved conditions in its train. - Correct Answer False We owe this to the law of competition Carnegie describes the historical mode of manufacture as producing - Correct Answer Crude articles at high prices According to Thoreau, which of the following is the choicest of relics? - Correct Answer Books In Smith's Wealth of Nations, he makes the argument that given equal profits between domestic and foreign trade, a merchant is likely to put his greatest support into developing the foreign market. - Correct Answer False True of False?: Pacioli would agree that every merchant's main purpose is to arrange all business transactions in such a systematic way that one may understand each one of them at a glance. - Correct Answer True When coaching at Rutgers, 21-year old Jim Valvano told his student-athletes before their first game that they would be successful if they "focus on three things, and three things only." - Correct Answer Family, religion and the Green Bay Packers True or False?: According to Plato, creativity is the mother of invention, capable of giving rise to a new state. - Correct Answer False Necessity is the mother of invention, not creativity True or False?: Plato writes, "The natural advantages which one country has over another, in producing particular commodities, are sometimes so great, that it is acknowledged by all the world to be in vain to struggle with them." - Correct Answer False Smith writes this, not Plato In The Souls of Black Folk, W.E.B. Du Bois writes, "The keynote of the Black Belt is debt." What does he describe this debt to be? - Correct Answer The continued inability for the population to have their income cover their expenses