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Mid Term Review Intro
why use a credit card
leadership role is not part of the formal structure(not assigned)
Mid Term Review Intro
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Intro Review
Flashcards
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Questions
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Answers
1
leadership role is not part of the formal structure(not assigned)
informal influence
position influence
reward influence
formal influence
2
why use a credit card
convenience
overbuying
high prices
lower credit rating
3
credit card companies cannot charge an annual fee
true
false
4
it is cheaper to call up and use a stock broker as opposed to making a trade online
false
true
5
Effective managers and leaders must be able to get along with everyone they work with
false
true
6
Blank are the important principles that will guide decisions and actions in a company
ethical decisions
mission statement
corporate bylaws
core values
7
if a manager wants something done, he or she should just tell the employees to do as their told
true
false
8
a company that gathers info on credit users and sells that info as a credit report
credit card company
hedge fund
credit bureau
bank
9
is it more liquid to put your money in stocks or the bank
stocks
bank
10
boston has a stock exchange
false
true
11
I = PRT
true
false
what?
12
which of the following is not a standard of ethical behavior
it should not result in embarrassment for the company
it should not benefit some while harming others
it should be lawful
it should not give a company a competitive advantage
13
The activities involved in obtaining , preparing, compensating employees of a business
staffing function
planning function
controlling function
organizing function
14
A person who is not a manager but still able to get a group focused and organized is using
tactical management
strategic management
informal influence
formal influence
15
Value of collectibles as an investment is based off of
current taxes on collectibles
popularity of an item
the futures market
government regulations
16
the ease with which an investment can be changed
assessed value
stock exchange
yield
liquidity
17
the most liquid investment listed below
stocks
mutual funds
commondities
bonds
18
managers are responsible for the ethical actions of a business
false
true
19
what ensures that the highest standards of conduct are observed
ethical business practices
dilemma management
training
management
20
a small number of consumers expressing opinions about a new product in a group discussion
focus group
survey group
experimental group
target market
21
Which of the following is not a characteristic of leadership
influences
objectivity
stability
dependability
22
analyzing info, setting goals, making decisions about what needs to be done
controlling function
staffing function
planning function
organizing function
23
enables a person to affect the actions of others
influence
Leaderhip
management
human relations
24
The ability to motivate individuals and groups to accomplish goals
influence
management
human relations
leadership
25
communication that moves across the organization on the same level
informal
horizontal
formal
vertical
26
Identifying and arranging the work and resources needed to achieve the goals that have been set
Organizing function
implementing function
controlling function
assessment function
27
An investment in many stocks and bonds that a specialist selects
commodities
stocks
etf's
mutual funds
28
Large purchases(such as a car) can commonly be bought using
trade credit
a charge account
a bank credit card
installment credit
29
Which of the following is a comodity
baseball cards
stocks
houses
gold
30
It is often said that the most important resource of a business is
people
customers
Cash
technology
31
the big short was about
the housing crisis
management
a basketball player
marketing
32
other countries have their own exchanges
false
true
33
a municipal bond is a type of corporate bond
true
false
34
what is the cost of using someone else's money called
bankruptcy
APR
credit
Interest
35
Licensed specialist in the buying and selling of stocks and bonds
representative
stockbroker
cfo
ceo
36
anyone who is having money problems should declare bankruptcy
false
true
37
real estate investments include
mutual funds
sprint stores
gold
land and anything attached to land
38
what type of communication move up and down in an organization between managers and employees
vertical
formal
informal
horizontal
39
leadership role is part of the formal structure (ex: elected role)
informal influence
reward influence
position influence
formal influence
40
someone who becomes responsible for payment for a note if you do not pay as promised
collateral
cosignor
parent
credit consoler
41
eps stands for
everyone picks stock
everyone please share
earnings per share
earning per savings
42
what time does the nyse start trading
9
930
7
8
43
reputation for paying bills on time
capital
capacity
character
collateral
44
What type of communication occurs between managers, employees andwork groups in an organization
External
internal
informal
written
45
Which of the following is not a form of communication that we discussed in class
written
formal
informal
influential
46
preferred stock gives a consumer voting power within a company
true
false
47
you can research companies through
newspaper
yahoo
cnn money
all the above
48
this marketing function involves setting and communicating value of products and services
distribution
pricing
financing
marketing-information management
49
The way people get along with each other
influence
Leadership
management
human relations
50
research has proven that effective leaders are born and not made
false
true