Question

question 13 (1 point)
anything that affects a companys ability to make profits can be referred to as a business what?
o a challenge
b risk
o c litigation
d benefit

question 14 (1 point)
what term refers to all the alternatives you give up when you choose one option over the other, like if you have to give up the opportunity to buy a pizza in order to buy a bag of candy at the grocery store?
o a trade-off
b loss
o c profit
d choices

Explanation:

Question 13

• Challenge: A challenge is a difficult task or situation, but it doesn't specifically refer to something that affects profit - making ability.
• Risk: In business, risk is anything that can affect a company's ability to make profits. It can be financial, operational, or strategic risks.
• Litigation: Litigation is a legal process (lawsuit) and is too narrow in scope compared to the general concept of something affecting profit - making ability.
• Benefit: A benefit is something positive that helps a company, not something that affects its ability to make profits in a negative or uncertain way.

• Trade - off: A trade - off is when you give up one thing (or alternative) to get another. In the example, giving up the opportunity to buy a pizza (an alternative) to buy a bag of candy is a trade - off.
• Loss: Loss is a more general term for not having something or having a decrease, but it doesn't specifically refer to the alternatives given up.
• Profit: Profit is the financial gain, which is not related to giving up alternatives.
• Choices: Choices are the options available, not the alternatives given up when one choice is made.

Answer:

B. risk

Question 14