Management's consideration of ethics / societal well being when evaluating company performance.

Corporate Social Responsibility

Combo

B100 - Ch9 - Empowerment, Teamwork, Communication: B100 B100 - Ch8 - Human Resource Management: B100 B100 - Ch1: BUS 100 B100 Ch 3 - Economic Challenges Facing Business: B100 B100 - Chapt 2 - Business Ethics & Social Responsibility: #B100 B100 - Ch 13 - Promotion and Pricin

Flashcards87 cardsFPractice quizPHost liveL

Questions 87

Answers

1
An organization's cash, tools, facilities, etc.
Capital
Production
Intellectual Capital
Liabilities
2
Who hires (and fires) the CEO of a Corporation?
Senior Employee Management Team
Stockholders
Board of Directors
US Congress
3
The most common form of business ownership in the US.
Partnership
LLC
Corporation
Sole proprietorship
4
Stage in Team Development that is marked by Conflict and Disagreement
Brain Storming Stage
Norming Stage
Storming Stage
Conflict Stage
5
Compensation or benefit that provides employees with optional shares of ownership (stock)
Incentive Compensation
Owner's Benefit
Stock Options
Bonus
6
Organization created to promote trade, eliminate barriers, and make loans to countries
World Trade Organization
World Bank
GATT
International Monetary Fund
7
Type of company stock that gives owners voting rights, but limited claims to assets and income.
Stock Options
Preferred Stock
Dividends
Common Stock
8
Which is NOT a correct Country & Currency relationship
China - Yuan
England - EURO
Ecuador - US Dollar
Japan - Yen
9
The number of employees that a manager supervises.
Organization
Span of Management
Team
Group
10
Borrowed funds that entrepreneurs must pay back (typically with interest)
Seed capital
Debt financing
Crowd funding
Equity financing
11
For a SWOT Analysis, which two components tend to be about forces external to the organization
Opportunities & Threats
Strengths & Weaknesses
Strengths & Opportunities
Weaknesses & Threats
12
When country sells product abroad at a price below production cost to gain market advantage.
Dumping
Absolute Advantage
Comparative Advantage
Monopoly
13
A document that provides an orderly statement of a company's objectives, methods, standards.
Code of conduct
Corporate statement
Methods statement
Business Plan
14
Federal legislation of US publically traded companies to deter fraudulant accounting practices
Sarbanes Oxley
Securities Exchange Commission
Federal Accounting Act
Equal Employment Opportunity Commission
15
An international institution that monitors and mediates trade agreements and disputes
General Agreement on Tariffs and Trade (GATT)
World Bank
International Monetary Fund
World Trade Organization
16
Group of workers who have banded together to achieve common employment/workplace goals.
Employment Office
Collective Bargaining Process
Human Resources
Labor Union
17
Function of attracting, developing, and retaining employees to accomplish company objectives
Employment Office
Human Resource Management
Operations Management
Recruitment
18
When Fed reduces the money supply by raising interest rates.
Restrictive Monetary Policy
Expansionary Monetary Policy
Restrictive Fiscal Policy
Expansionary Fiscal Policy
19
Which is NOT a fundamental "building block" for developing an Ethical Organization.
Ethical Education
Ethical Action
Ethical Leadership
Ethical Alertness
20
A tax, surcharge, or duty on imported goods.
Trade agreement
Tariff
Embargo
Quota
21
Name of a Trade Agreement involving USA, Canada, and Mexico.
CAFTA
NAFTA
EURO Zone
USMCA
22
A key advantage of a Corporation over a Sole Proprietorship business
Ease of setup
Easier to manage
Less taxes
Limited liability
23
A company that has significant operations and marketing activities outside its home country.
Importer
Exporter
Multinational corporation
Joint Venture
24
The act of assigning work activities to subordinate workers
Task management
Subordination
Delegation
Leadership
25
What is NOT one of the 4 factors of production?
Industrialization
Labor
Natural Resources
Capital
26
Stockholders of a corporation elect ______________ to act as the corporation’s governing body.
All Corporate Officers
Board of Directors
President
CEO
27
An aspirational, inspirational statement that serves as an organization's goals.
Mission statement
Tag line
Management by objective
Vision statement
28
Name of US Government Administration that supports small business.
Chamber of Commerce
IRS
SBA
OSHA
29
Which is NOT a Factor of Production?
Natural Resources
Capital
Private Enterprise
Entrepreneurship
30
Which is NOT an economic system that enables people to start, own and profit from business.
Communism
Capitalism
Private Enterprise System
31
Type of listening where receiver tries to catch speaker in a mistake or contradiction.
Offensive
Active
Polite
Cognitive
32
Management's consideration of ethics / societal well being when evaluating company performance.
Corporate Social Responsibility
Sarbanes Oxley
Code of Conduct
Corporate Sustainability
33
Market situation in which relatively few sellers compete and high startup costs exist
Monopoly
Communism
Socialism
Oligopoly
34
Type of Merger that has firms in same industry, but at different levels in production process.
Conglomerate
Vertical
Horizontal
Joint Venture
35
Government spending and taxation decisions designed to influence the economy.
Fiscal Policy
Internal Revenue Service
Monetary Policy
US Treasury
36
When companies give back to the communities in which it earns profit by donating money, time...
Consumerism
Societal Well-Being
Sustainability
Corporate Philanthropy
37
The graph that shows the amount of a product that buyers will purchase at different prices.
Demand curve
Equilibrium points
Supply & Demand Curves
Supply curve
38
Management approach that aligns employees objectives with the organizational objectives.
Sarbanes Oxley
Goal-setting Theory
Maslow's Theory
Management by Objectives
39
Study of small economic units such as families or individual businesses.
Small Business Administration
Macroeconomics
Microeconomics
Economics
40
Conceptually, it is ___ more costly to do business with lost customer than a repeat customer.
5 times
3 times
10 times
20 times
41
Organization's system of shared principles, beliefs, and values
Corporate Culture
Mission statement
Vision statement
Code of conduct
42
The era of business we are currently in.
Relationship
Marketing
Production
Modern
43
Type of performance appraisal process that gets feedback from managers, co-workers, suppliers..
Traditional Appraisal
Maslow's Appraisal
Interview Review
360-Degree Review
44
When company uses an outside vendor to produce goods or services previously handled in-house.
Offshoring
Outsourcing
Partnering
Onshoring
45
Marketers pay placement fees to have products showcased in various media (magazines, tv, etc.)
Commercials
Product Placement
Guerilla Marketing
Media Marketing
46
The ability to direct and inspire people to attain certain goals
Goal Setting
Organizational Development
Management
Leadership
47
Chairperson of the Federal Reserve Bank
Ben Bernanke
Jerome Powell
Alan Greenspan
Janet Yellen
48
A written explanation of an organization's purpose and business intentions.
Purpose statement
Vision statement
Code of conduct
Mission statement
49
Market situation in which a single seller dominates and no other competitors exist.
Monopoly
Socialism
Oligopoly
Communism
50
A motivation theory based on 5-level of human needs
Maslow's Theory
5-Step Motivational Theory
Equity theory
MBOs
51
It is estimated that ______ of interpersonal communication is via nonverbal cues.
70%
15%
10%
20%
52
Employee's disclosure to company officials or authorities about illegal acts within company.
Conflict of interest
Sarbanes Oxley
Whistle Blowing
Honesty
53
Contractual arrangement between a supplier and a dealer to use a business model, brand, etc.
Franchising
Business model license
Equity agreement
Serial entrepreneur
54
Economic contraction (decling GDP) of two consecutive quarters
Recession
Depression
Economic Downturn
High Unemployment
55
A country's ability to produce one good a relatively lower opportunity cost than other goods.
Export Advantage
Comparative Advantage
Opportunistic Production
Absolute Advantage
56
If a country can maintain a monopoly producing a product it has a/an _________ advantage.
Relative
Balanced
Absolute
Comparative
57
Giving employees authority and responsibility to make decisions about their work.
Employee Empowerment
Management Approval
Delegation
Employee Job Description
58
A type of Corporation that is limited to fewer than 100 Shareholders
LLC
C Corporation
S Corporation
Limited Corporation
59
The Chairperson of the Federal Reserve Bank
Ben Bernanke
Jerome Powell
Alan Greenspan
Janet Yellen
60
Which country is NOT ranked in the Top 3 in Global Exporters?
Germany
United States
China
Japan
61
A pricing technique to determine minimum sales volume a product must generate to cover costs.
Penetration Pricing
Break-even Analysis
Skimming
Volume based pricing
62
Sum of all goods and services produced within a nation's boundaries
Economics
National Debt
Gross Domestic Product
Productivity
63
The SBA frequently provides direct small business loans.
False
True
64
The rewards earned by businesspeople who take risks involved in owning a business.
Benefits
Assets
Profits
Capital
65
Which is NOT one of the 5-Stages of Team Development
Performing
Adjourning
Forming
Developing
66
Which is NOT part of a SWOT Analysis
Threats
Strengths
Weaknesses
Objectives
67
Which Trade Agreement/Zone has a common currency?
British Commonwealth Countries
EURO Zone
CAFTA
USMCA
68
If supporting a Brand of luxury and quality, one could use ________ pricing.
Prestige
Quality
Penetration
Brand
69
Innovative, low-cost marketing efforts designed to get consumers attention in unusual ways
Low-budget YouTube Ads
Banner ads
Shock Ads
Guerilla Marketing
70
The coordination of all promotional activities to produce a unified message
Promotion
Integrated Marketing Communications
Marketing
Promotion and Pricing Strategy
71
Funds invested in a new venture in exchange for part ownership of the venture
Equity financing
Reward financing
Crowd funding
Debt financing
72
Measurement of the monthly average change in prices of goods and services in the USA.
Supply and Demand Curve
Gross Domestic Product
Equilibrium Prices
Consumer Price Index
73
Customers, Investors, Employees, and Public affected by or with an interest in a company.
Society
Stakeholders
Shareholders
Government
74
What is the least likely item to be negotiated in a Collective Bargaining Agreement?
Employee Benefits
Arbitration Process
Employee Pay Scale
CEO Pay
75
The sales term associated with determining if prospect is ready to buy, has enough money, etc.
Prospecting
Qualifying
Closing
Approaching
76
A wealthy individual who invests money directly in new ventures in exchange for equity.
Angel investor
Equity trader
Wealth fund
Equity financing
77
Type of corporation whose goals do not include pursuing a profit.
LLC
C Corporation
S Corporation
Not-for-profit Corporation
78
The value of the US Dollar is based on __________.
US Government Valuation
Gold Reserves
Economic Growth
Supply and Demand
79
A type of entrepreneur that starts an organization with a social purpose.
Toms Shoes
Social entrepreneur
Serial entrepreneur
A non-profit entrepreneur
80
If a country exports more than it imports, it has a ______________.
Trade balance
Comparative advantage
Trace deficit
Trade surplus
81
Type of Conflict that focuses on individuals or personal issues and is negative for the team
Storming
Affective
Cognitive
Non-Constructive
82
Source of funding from groups of individuals contributing small sums of money via Internet
Equity financing
Debt financing
Online funding
Crowd funding
83
The process of promoting innovation within the structure of an existing organization
Intrapreneurship
Promotion entrepreneurship
Internal entrepreneurship
Innovation entrepreneurship
84
Formal statement that defines how a company expects employees to behave and handle ethics.
Mission Statement
Code of Conduct
Vision Statement
Ethical Statement
85
A company that is trying to build a certain market share may use this type of pricing.
market pricing
skimming pricing
volume pricing
everyday low prices
86
Most new ventures get initial funding either from a bank or venture capital firm.
False
True
87
The process of setting a labor-management dispute through an impartial third party.
Collective Bargaining Process
Strike or Picketing
Mediation
Labor Dispute

Combo Flashcards | StudBud

Combo

87 termsStudBud Administration607 plays

Flashcards87 cardsFPractice quizPHost liveL

Questions 87

Answers

1
An organization's cash, tools, facilities, etc.
Capital
Production
Intellectual Capital
Liabilities
2
Who hires (and fires) the CEO of a Corporation?
Senior Employee Management Team
Stockholders
Board of Directors
US Congress
3
The most common form of business ownership in the US.
Partnership
LLC
Corporation
Sole proprietorship
4
Stage in Team Development that is marked by Conflict and Disagreement
Brain Storming Stage
Norming Stage
Storming Stage
Conflict Stage
5
Compensation or benefit that provides employees with optional shares of ownership (stock)
Incentive Compensation
Owner's Benefit
Stock Options
Bonus
6
Organization created to promote trade, eliminate barriers, and make loans to countries
World Trade Organization
World Bank
GATT
International Monetary Fund
7
Type of company stock that gives owners voting rights, but limited claims to assets and income.
Stock Options
Preferred Stock
Dividends
Common Stock
8
Which is NOT a correct Country & Currency relationship
China - Yuan
England - EURO
Ecuador - US Dollar
Japan - Yen
9
The number of employees that a manager supervises.
Organization
Span of Management
Team
Group
10
Borrowed funds that entrepreneurs must pay back (typically with interest)
Seed capital
Debt financing
Crowd funding
Equity financing
11
For a SWOT Analysis, which two components tend to be about forces external to the organization
Opportunities & Threats
Strengths & Weaknesses
Strengths & Opportunities
Weaknesses & Threats
12
When country sells product abroad at a price below production cost to gain market advantage.
Dumping
Absolute Advantage
Comparative Advantage
Monopoly
13
A document that provides an orderly statement of a company's objectives, methods, standards.
Code of conduct
Corporate statement
Methods statement
Business Plan
14
Federal legislation of US publically traded companies to deter fraudulant accounting practices
Sarbanes Oxley
Securities Exchange Commission
Federal Accounting Act
Equal Employment Opportunity Commission
15
An international institution that monitors and mediates trade agreements and disputes
General Agreement on Tariffs and Trade (GATT)
World Bank
International Monetary Fund
World Trade Organization
16
Group of workers who have banded together to achieve common employment/workplace goals.
Employment Office
Collective Bargaining Process
Human Resources
Labor Union
17
Function of attracting, developing, and retaining employees to accomplish company objectives
Employment Office
Human Resource Management
Operations Management
Recruitment
18
When Fed reduces the money supply by raising interest rates.
Restrictive Monetary Policy
Expansionary Monetary Policy
Restrictive Fiscal Policy
Expansionary Fiscal Policy
19
Which is NOT a fundamental "building block" for developing an Ethical Organization.
Ethical Education
Ethical Action
Ethical Leadership
Ethical Alertness
20
A tax, surcharge, or duty on imported goods.
Trade agreement
Tariff
Embargo
Quota
21
Name of a Trade Agreement involving USA, Canada, and Mexico.
CAFTA
NAFTA
EURO Zone
USMCA
22
A key advantage of a Corporation over a Sole Proprietorship business
Ease of setup
Easier to manage
Less taxes
Limited liability
23
A company that has significant operations and marketing activities outside its home country.
Importer
Exporter
Multinational corporation
Joint Venture
24
The act of assigning work activities to subordinate workers
Task management
Subordination
Delegation
Leadership
25
What is NOT one of the 4 factors of production?
Industrialization
Labor
Natural Resources
Capital
26
Stockholders of a corporation elect ______________ to act as the corporation’s governing body.
All Corporate Officers
Board of Directors
President
CEO
27
An aspirational, inspirational statement that serves as an organization's goals.
Mission statement
Tag line
Management by objective
Vision statement
28
Name of US Government Administration that supports small business.
Chamber of Commerce
IRS
SBA
OSHA
29
Which is NOT a Factor of Production?
Natural Resources
Capital
Private Enterprise
Entrepreneurship
30
Which is NOT an economic system that enables people to start, own and profit from business.
Communism
Capitalism
Private Enterprise System
31
Type of listening where receiver tries to catch speaker in a mistake or contradiction.
Offensive
Active
Polite
Cognitive
32
Management's consideration of ethics / societal well being when evaluating company performance.
Corporate Social Responsibility
Sarbanes Oxley
Code of Conduct
Corporate Sustainability
33
Market situation in which relatively few sellers compete and high startup costs exist
Monopoly
Communism
Socialism
Oligopoly
34
Type of Merger that has firms in same industry, but at different levels in production process.
Conglomerate
Vertical
Horizontal
Joint Venture
35
Government spending and taxation decisions designed to influence the economy.
Fiscal Policy
Internal Revenue Service
Monetary Policy
US Treasury
36
When companies give back to the communities in which it earns profit by donating money, time...
Consumerism
Societal Well-Being
Sustainability
Corporate Philanthropy
37
The graph that shows the amount of a product that buyers will purchase at different prices.
Demand curve
Equilibrium points
Supply & Demand Curves
Supply curve
38
Management approach that aligns employees objectives with the organizational objectives.
Sarbanes Oxley
Goal-setting Theory
Maslow's Theory
Management by Objectives
39
Study of small economic units such as families or individual businesses.
Small Business Administration
Macroeconomics
Microeconomics
Economics
40
Conceptually, it is ___ more costly to do business with lost customer than a repeat customer.
5 times
3 times
10 times
20 times
41
Organization's system of shared principles, beliefs, and values
Corporate Culture
Mission statement
Vision statement
Code of conduct
42
The era of business we are currently in.
Relationship
Marketing
Production
Modern
43
Type of performance appraisal process that gets feedback from managers, co-workers, suppliers..
Traditional Appraisal
Maslow's Appraisal
Interview Review
360-Degree Review
44
When company uses an outside vendor to produce goods or services previously handled in-house.
Offshoring
Outsourcing
Partnering
Onshoring
45
Marketers pay placement fees to have products showcased in various media (magazines, tv, etc.)
Commercials
Product Placement
Guerilla Marketing
Media Marketing
46
The ability to direct and inspire people to attain certain goals
Goal Setting
Organizational Development
Management
Leadership
47
Chairperson of the Federal Reserve Bank
Ben Bernanke
Jerome Powell
Alan Greenspan
Janet Yellen
48
A written explanation of an organization's purpose and business intentions.
Purpose statement
Vision statement
Code of conduct
Mission statement
49
Market situation in which a single seller dominates and no other competitors exist.
Monopoly
Socialism
Oligopoly
Communism
50
A motivation theory based on 5-level of human needs
Maslow's Theory
5-Step Motivational Theory
Equity theory
MBOs
51
It is estimated that ______ of interpersonal communication is via nonverbal cues.
70%
15%
10%
20%
52
Employee's disclosure to company officials or authorities about illegal acts within company.
Conflict of interest
Sarbanes Oxley
Whistle Blowing
Honesty
53
Contractual arrangement between a supplier and a dealer to use a business model, brand, etc.
Franchising
Business model license
Equity agreement
Serial entrepreneur
54
Economic contraction (decling GDP) of two consecutive quarters
Recession
Depression
Economic Downturn
High Unemployment
55
A country's ability to produce one good a relatively lower opportunity cost than other goods.
Export Advantage
Comparative Advantage
Opportunistic Production
Absolute Advantage
56
If a country can maintain a monopoly producing a product it has a/an _________ advantage.
Relative
Balanced
Absolute
Comparative
57
Giving employees authority and responsibility to make decisions about their work.
Employee Empowerment
Management Approval
Delegation
Employee Job Description
58
A type of Corporation that is limited to fewer than 100 Shareholders
LLC
C Corporation
S Corporation
Limited Corporation
59
The Chairperson of the Federal Reserve Bank
Ben Bernanke
Jerome Powell
Alan Greenspan
Janet Yellen
60
Which country is NOT ranked in the Top 3 in Global Exporters?
Germany
United States
China
Japan
61
A pricing technique to determine minimum sales volume a product must generate to cover costs.
Penetration Pricing
Break-even Analysis
Skimming
Volume based pricing
62
Sum of all goods and services produced within a nation's boundaries
Economics
National Debt
Gross Domestic Product
Productivity
63
The SBA frequently provides direct small business loans.
False
True
64
The rewards earned by businesspeople who take risks involved in owning a business.
Benefits
Assets
Profits
Capital
65
Which is NOT one of the 5-Stages of Team Development
Performing
Adjourning
Forming
Developing
66
Which is NOT part of a SWOT Analysis
Threats
Strengths
Weaknesses
Objectives
67
Which Trade Agreement/Zone has a common currency?
British Commonwealth Countries
EURO Zone
CAFTA
USMCA
68
If supporting a Brand of luxury and quality, one could use ________ pricing.
Prestige
Quality
Penetration
Brand
69
Innovative, low-cost marketing efforts designed to get consumers attention in unusual ways
Low-budget YouTube Ads
Banner ads
Shock Ads
Guerilla Marketing
70
The coordination of all promotional activities to produce a unified message
Promotion
Integrated Marketing Communications
Marketing
Promotion and Pricing Strategy
71
Funds invested in a new venture in exchange for part ownership of the venture
Equity financing
Reward financing
Crowd funding
Debt financing
72
Measurement of the monthly average change in prices of goods and services in the USA.
Supply and Demand Curve
Gross Domestic Product
Equilibrium Prices
Consumer Price Index
73
Customers, Investors, Employees, and Public affected by or with an interest in a company.
Society
Stakeholders
Shareholders
Government
74
What is the least likely item to be negotiated in a Collective Bargaining Agreement?
Employee Benefits
Arbitration Process
Employee Pay Scale
CEO Pay
75
The sales term associated with determining if prospect is ready to buy, has enough money, etc.
Prospecting
Qualifying
Closing
Approaching
76
A wealthy individual who invests money directly in new ventures in exchange for equity.
Angel investor
Equity trader
Wealth fund
Equity financing
77
Type of corporation whose goals do not include pursuing a profit.
LLC
C Corporation
S Corporation
Not-for-profit Corporation
78
The value of the US Dollar is based on __________.
US Government Valuation
Gold Reserves
Economic Growth
Supply and Demand
79
A type of entrepreneur that starts an organization with a social purpose.
Toms Shoes
Social entrepreneur
Serial entrepreneur
A non-profit entrepreneur
80
If a country exports more than it imports, it has a ______________.
Trade balance
Comparative advantage
Trace deficit
Trade surplus
81
Type of Conflict that focuses on individuals or personal issues and is negative for the team
Storming
Affective
Cognitive
Non-Constructive
82
Source of funding from groups of individuals contributing small sums of money via Internet
Equity financing
Debt financing
Online funding
Crowd funding
83
The process of promoting innovation within the structure of an existing organization
Intrapreneurship
Promotion entrepreneurship
Internal entrepreneurship
Innovation entrepreneurship
84
Formal statement that defines how a company expects employees to behave and handle ethics.
Mission Statement
Code of Conduct
Vision Statement
Ethical Statement
85
A company that is trying to build a certain market share may use this type of pricing.
market pricing
skimming pricing
volume pricing
everyday low prices
86
Most new ventures get initial funding either from a bank or venture capital firm.
False
True
87
The process of setting a labor-management dispute through an impartial third party.
Collective Bargaining Process
Strike or Picketing
Mediation
Labor Dispute