business

3 Steps for effective money management

When graphing supply and demand, the price is always on which axis?

Commercial banks often called full-service bank because they offer a range of financial service

A function in a business that acquires funds for the firm and manages them within the firm

What is a tax base?

a business owner can be legally forced to use personal money to pay the debts of the business

True/False. The activities of a business process can be measured

amount of money a business earns above and beyond what it spend fro salaries and other expenses

Polling of customer to identify their level of satisfaction with the business products, service

The demand curve slopes in which direction?

An entrepreneur is someone who takes a risk by innovating for profitable purposes

effective money management

-business income and costs are reported on the owner's personal tax return

company growth by identifying and developing new market segments for current company products

Gives the holder the sole right to make user sell and invention for a set period of time.

To qualify as a small business, the business _____.

agreement to receive money, or goods now in exchange for the promise to pay in the future

the marketing of goods & services to individuals& organizations other than personal consumption

True/False. Cross-functional processes are executed within a single functional area.

Standards of conduct and moral values regarding right and wrong actions in the work environment

the processes and methods employed to transform inputs (raw materials/ideas/info) into goods

commercial credit issued by a bank to a business to finance trading or manufacturing operations

loss is when a business's espenses are more than its revenues

All the following shift the demand curve for automobiles to the right except:

A surplus will occur for a product when the price is

True/False. A business process has inputs and outputs

standard of living is the amount of goods and services people can buy with the money they have

Human Resource Management Is the process of

predicts revenues, costs and expenses for a period up to one year

When there is a shortage what should be done?

parties who are interested in the activities of business because they're affected by them

tangible products such as computers, food, clothing, cars, and appliances

If the demand curve shifts to the right, then we move up and to the right along our supply curv

True/False. The procurement process includes the sales function.

business plan an outline of your expenses, goals, and needs and how you expect to meet them

When college students leave town, the demand for meals at the local restaurants declines.

Strategies for businesses are formulated at

Entrepreneurs tend to be skilled at identifying new business opportunities

Gives someone the exclusive right to publish produce sell or distribute works

Idea Driven EnterpriseIs one that you create as a result of and innovation or invention.

Revenue

Invention Is a product or process that does something that has never been done before.

Which of the following is not a component of demand?

the share of stock is.....

ICT is ...