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Question | Answer |
---|---|
what is social responsibility | refers the the duty of business to contribute to the wellbeing of a communtity |
examples of non-renewable resource | gas, oil, iorn |
what are ethics? | principles of morality or rules of conduct |
what is interstate commerce | business dealiongs involving cmpanies in more than one state |
what is intrastate commerce | refers to business dealings involving companies that do business in one state |
what are patents, copyrights and trademarks | patent- 17 years copyright- 50 after death trademark- word letter or symbol |
what is intellectual property | intangible with no physical characteristics |
what is a public utility | an organization that supplies a service to all people |
what are antitrust laws | prevent unfair business practices like monopolies |
what is revenue | government income |