A severe recession is a depression, a period in which prices fall but there is little demand because few people have money to spend and many are out of work. This condition is part of ________
A) the competitive environment
B) the business cycle
C) the technological environment
D) the legal environment
E) social norms
B
Business
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Common stockholders of a business enterprise are said to be the residual owners. The term residual owner means that shareholders
a. are entitled to a dividend every year in which the business earns a profit. b. have the rights to specific assets of the business. c. bear the ultimate risks and uncertainties and receive the benefits of enterprise ownership. d. can negotiate individual contracts on behalf of the enterprise.
Business
Intensive distribution occurs when only one intermediary is used by a producer to sell all its products
Indicate whether the statement is true or false
Business