Examlex
Indicate whether each of the following items is primarily:
I an internal report or
E an external report.
Each item has only one correct response.
1 analysis of potential acquisitions
2 analysis of product mix
3 capital budgets
4 cash flow plan
5 credit reports
6 financial statements
7 inventory reports for suppliers
8 news release
9 analysis of supplier quality
10 tax returns
Scarcity
A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
Goods
Tangible products or commodities that are manufactured or produced for sale or exchange.
Resources
A broad term that encompasses all the materials, assets, and inputs used by individuals or organizations to produce goods and services.
Economics
The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs, attempting to determine how these groups should organize and coordinate efforts to achieve maximum output.
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