Buisness Exam 1

3. The state of being legally responsible for something, especially a debt or financial obligation.
5. Recognizable signs, designs, or expressions which identify products or services of a particular source.
6. The total amount of a specific good or service that is available to consumers.
8. Confidential business information that provides a competitive edge, like a secret recipe or formula.
9. A business organization in which two or more individuals manage and operate a business.
12. The action of guiding a group of people or an organization.
17. Logistics focused on the movement of finished goods from the business to the customer.
18. The assistance and advice provided by a company to those people who buy or use its products.
19. Exclusive rights granted by a government to an inventor for a limited period.
20. The exclusive possession or control of the supply or trade in a commodity or service.

1. The process of dealing with or controlling things or people within an organization.
2. Marketing that uses the internet and online-based technologies to promote products.
4. Legal rights that protect original works of authorship, such as books, music, and art.
7. A fixed charge for a professional service or a specific privilege.
10. Logistics involving the movement of raw materials and resources into a company.
11. The moral principles that govern a person's behavior or the conducting of an activity.
13. The total amount of income generated by the sale of goods or services related to the company's primary operations.
14. The financial benefit realized when revenue generated from a business activity exceeds expenses.
15. A consumer's desire to purchase goods and services and willingness to pay a price for them.
16. The action or business of promoting and selling products or services, including market research and advertising.
20. A foundation model for businesses, historically centered around product, price, place, and promotion.