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Chapter 3 Velasquez Test Bank
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MULTIPLE CHOICE
1. Distributing goods and services, and determining which members of society will receive
what, is one of the tasks that must be achieved to have a. a utilitarian economy. b. an economic system. c. free trade.
d. globalization.
Answer: B
Topic: Globalization and the Business System
Learning Objective: 3.1: Explain the impact of globalization on the business system
Skill Level: Understand the Concepts
Difficulty Level: Moderate
2. Which of the following best describes h...
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Chapter 3 Velasquez Test Bank
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MULTIPLE CHOICE 1. Distributing goods and services, and determining which members of society will receive what, is one of the tasks that must be achieved to have a. a utilitarian economy. b. an economic system. c. free trade. d. globalization. Answer: B Topic: Globalization and the Business System Learning Objective: 3.1: Explain the impact of globalization on the business system Skill Level: Understand the Concepts Difficulty Level: Moderate 2. Which of the following best describes h...
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