Principles of Business Spring Final Review 2018

The goal of human resources is to have the right ______ at the right time.

If demand for a product grows, while supply remains unchanged, you would expect the price to:

Your ___ provide a basis for your employment goals and possible career paths.

Current liabilities are amounts owed that will be paid in less than:

The ________ interview occurs when leaving a job.

The quality of being able to perform a mental or physical task.

Local and state gov't employment offices help people find jobs and provide career information.

Demand, changing demographic trends and technology are factors affecting career opportunities.

 _____ are the costs of operating any business.

____ records contain information on all employees of the company, their salary and benefits.

Making a good first impression is imperative to interviewing successfully.

Financial planning is needed by a small business only until it begins to make a profit.

All of the following are examples of common managerial activities, except ____

Which source of career info allows you to watch someone doing the job that interests you?

HR activities include all of the following, except ______

All of the following are considered current assets, EXCEPT:

Which is not a type of business budget:

Which of the following is not an essential characteristic of effective leaders?

More time/money is spent in marketing goods and services to other businesses than to customers.

Mobility is the willingness and ability to change jobs within your company at a single location

________ communication occur between managers, employees, and work groups.

Middle managers are specialists w/responsibility for specific parts of a company's operations

A ___ predicts the types and amounts of expenses for a specific business activity.

Revenue < Expenses =

Effective leaders should be __________ to be successful.

Working with and as a mentor can help develop leadership skills.

A business budget has the same basic goals as a personal or family budget

All businesses must complete some marketing activities, even if that is not their focal point.

Which of the following would NOT be part of a company's human resources?

Revenue minus expenses equals:

_______ enables a person to affect the actions of others.

A common suggested action to take after an interview is to

The government requires employers to withhold ____ tax from their employees pay.

Which of the following interview questions is not a common question.

What is your first task in career planning?

Which of the following is not a characteristic of services?

Ethical business practices should include leadership, management and the work force.

There are greater number of people in the workforce today than in the past.

All of the following are government taxes, EXCEPT:

A natural, inborn aptitude to do certain things:

A 2-way convo where interviewer learns about you, and you learn about the job/company.

The costs of operating any business.

Payroll records need to be maintained for all full-time employees, but not for part-timers.

An employee to whom a company makes a long-term commitment is considered to be

A(n) ______ is a task or series of tasks that is performed to provide a good or service.

All of the following are different types of records, EXCEPT:

The government requires employers to withhold ____ tax from their employees' pay.

The 4 elements of a marketing mix are ___________

The main purpose of a cover letter is to:

______ are generally easier to control the quality and marketability.

A _______ budget is an estimate of the actual money received and paid out for a specific time.

A _______ is everything a business offers to satisfy a customer's needs.

A company reports its assets, liabilities, and owner's equity on the:

The first step in new product planning is ________

The five functions of management include all of the following, EXCEPT:

The consumer decision-making process ends with a purchase decision.

When preparing your resume, list your work history and/or qualifications.

A good way to decide whether a business's action is ethical is to ask _____

The way people get along with each other is known as _____

Core values are principles of conduct governing an individual or a group.

Sales and profits for a specific period are reported in a company's income statement.

Which is NOT one of the 3 most important elements of a company's financial strength?

Advertising is any form of communication used to inform, persuade, or remind.

Which equation would accurately compute the total owner's equity of a company?