Virtual Enterprise Review

The amount added to the cost of an item to cover expenses and ensure a profit is called

Which is a report of net income or net loss over an accounting period?

The number one cause of business failure is

Developing growth strategies for a business is which of the following management activities

When a manager gives guidance to employees to perform their tasks, he/she is performing what?

Good management requires which of the following?

Which does not matter when marketers are concerned with place?

Below the break-even point,

To improve your cash flow, you can

Which consists of meeting and talking with people in different occupations to make connections?

A BCC notation in an e-mail is

The American Red Cross is an example of which type of business?

Machines and buildings used to produce goods and services are examples of which?

What type of resource are teachers, coal miners, bank managers, and farm workers?

What agency sets and enforces work-related health and safety rules?

The four Ps of marketing - product, price, place, promotion-are know as what?

Which of the following is a benefit to companies carrying business insurance?

Assigning jobs to workers and giving authority to certain people is a managing activity called

Form of business with unlimited personal legal liability from lawsuits related to the business.

This concept states that producing one good means not producing another.

An item that had an original price of $45.49 is on sale at 30% off. What is the sale price?

What is the report of the financial state of your business on a certain date called?

A corporation is controlled by this.

What must business provide to consumers in order to satisfy their wants and needs?

A document that lists your skills, education, and work experience.

To examine how sales and expenses are changing over time, you can use your

Which is a detailed outline & list of qualifications & conditions required for a specific job?

Holding to principles like honesty, loyalty, and fairness is having this.

Which function involves moving goods from one place to the end user?

To prepare a pro forma cash flow statement, you must forecast your

The unit cost is $63.50. The customer purchased 3 items and sales tax is 6.5%. The total due is

Sales made over the web are also known as

Which of the following is a business owned by 2 or more persons who share the risks & rewards?

The management activity that asks "Did the business accomplish what is was supposed to?"

Which of the following sells goods directly to the customer?

Which refers to the general increase in the cost of goods and services?

What does downsizing cause?

Cash, equipment, buildings, supplies, inventory, and land are all examples of this.

What is a one-year accounting period called?

Which of the following is an evaluation of how well an employee is doing?

This report projects or estimates income.

The percentage by which a business lowers its retail prices in order to move merchandise is

Owner's equity is sometimes called

A written description of a new business venture that describes all aspects of the business is

Which refers to the amount of money a company has to make on a product to pay for its costs?

Antitrust laws protect this.

What is the process of finding, selecting, training, and evaluating employees?

Net cash flow is negative if cash receipts are

What is the amount of money you earn that you actually take home after deductions?

Which of the following helps you predict how much $ you'll need & how to control your spending?