Test Bank for Understanding Business, 13th Edition, William Nickels Chapter 1-20 Answers are at the end of Each chapter Chapter 1 Student name:__________ 1) Describe three ways that governments can foster entrepreneurship and encourage the creation of wealth
2)
Describe how businesses can use technology to be more responsive to customers.
3) Competition among businesses has never been greater. Identify and describe two ways that businesses can become more competitive.
4) What is demography? Identify two demographic trends in the United States and discuss how they will impactUnited States businesses.
5) Describe what we mean by greening and thinking green. List five ways that people and businesses are participating in the green movement. List business opportunities that may emerge from this movement.
6) Trace the evolution of American business. Identify the key trends, and discuss the implications these trends have for the future.