BUSINESS 101 EXAM #1 ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS

BUSINESS 101 EXAM #1 ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS business - Answer -organization that proviedes goods or services to earn a profit profit - Answer -difference between a business's revenues and expenses external environment - Answer -everything outside an organization's boundaries that might affect it economic system - Answer -a nation's system for allocating its resources among its citizensNeed assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: factors of production - Answer -resources used in the production of goods and services- labor, capital, entrepreneurs, physical resources, and information resources labor (human resources) - Answer -physical and mental capabilities of people as they contribute to economic production capital