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BUSN 101 Final exam terms
BUSN 101 Final exam terms
25 terms
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1
ADVANTAGES OF FRANCHISING
Flexible working, Risk avoidance, and receives ongoing support
Flexible working, Receive ongoing support, and Decreased profits.
Flexible working, Risk avoidance, and Shared information
Risk avoidance, Damaged reputation, as well as Decreased profits.
2
CIM
computer-inttegrated manufacturing
computer-integrated mannufacturing
commputer-integrated mannufacturing
computer-integrated manufacturing
3
the availability of liquid assets to a market or company.
liquiidity
liquidity
CASH FLOW
Cash Fllow
4
CEO-Hint*(Rank)
Chief Executive Officer
Center for Employment Opportunites
Chief exicute Officer
5
BOD: the conducting or supervising of something (such as a business)
False
True
6
EEOC
EQUAL EMPLOYMENT OPPORTUNITY COMMISSION
EQUAL EMPPLOYMENT OPPORTTUNITY COMISSION
EQUAL EMPLOIYMENT OPPORTUNITY COMISSION
EQUAL EMPLOYMENT OPORTUNITY COMISSION
7
Formula: Owner's Equity,
Owner's Equity = Assets – Liabilities
. Assets:100k Liabilities:80k Answer=-20k
True
False
8
COMPARATIVE ADV-
Ability of Companys(etc) to carry out a particular economic activitys Ex-(more efficiently, better QLT.)
False
True
9
(CAD)
Conduct and Dream
COMPUTER-AIDED DESIGN
Call-a-Doc.
10
chain of command-employee reports to a manager who reports to a senior manager who reports to a vice president ets.
True
False
11
Conceptual Skills-Sets of abilities or knowledge used to perform practical tasks in the areas of science etc.
True
False
12
(BOD)
Bod of a Dad
Board of Directors
Boad of Directers
Borad of Direktors
13
empowerment-a management practice of sharing information, rewards, and power with employees
.
True
False
14
BRAND RECOGNITION
a consumer can correctly identify a particular product or service
a consumer can incorrectly identify a particular product or service
a consumer cant correctly identify a particular product or service
a consumer trys to correctly identify a particular product or service
15
A
Budgeting
approach that involves developing a new budget from scratch every time.
"Incremental"__________
"Activity-Based"__________
"Zero-Based"__________
"Value Proposition"__________
16
CAPITALISM
property is publicly owned, ppl R paid according 2 their abilities an needs
Distribution should be owned or regulated by the community as a whole.
Exchange should be owned or regulated by the community as a whole.
an economic system controlled by private owners for profit an not by state.
17
CONCEPTUAL SKILLS
-The ability to identify and solve problems?
False
True
18
BREAKEVEN QUANTITY the number of units that the firm needs to sell to cover the cost of the marketing program ets
False
True
19
the protection or promotion of the interests of buyers.
consumerism
CONCEPTUAL SKILLS
CURRENT RATIO
20
BOD: a group of individuals elected by the shareholders and protect their shareholders' interests.
True
False
21
the complete automation of a manufacturing plant, with all processes functioning under computer control.
CIM
EEOC
CAD
"CAD"
22
BUSN'S CYCLE is the repetitive economic changes that take place in a country over a period. Identified by(GDP)Variations
True
False
23
CASH FLOW- is the total amount of money being transferred into and out of a business, especially as affecting liquidity
True
False
24
Home equity is the past market value of your home, minus any liens such as a mortgage
.
True
False
25
Authoritarian Leadership:a management style in which an individual has some decision-making power over his subordinates.
False
True
