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Business Administration review Flashcards | StudBud
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Business Administration review
Business Administration review
40 terms
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StudBud Administration
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Basic vocabulary
Flashcards
40 cards
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Questions
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Answers
1
A legal written record when you buy something is called
a receipt
a bill
a ticket
an invoice
2
Another name for a share is
a stake
a dividend
a broker
a stock
3
You _____ shares for purchase
offer
promote
encourage
issue
4
A person who sells stocks is called
a broker
a loanshark
a stock seller
a shareholder
5
an overdraft charge is
the money a bank charges you to exchange money
the fee charged when you spend more money than you have
the fee for having a credit card with them
the fee they charge for lending you money
6
A stakeholder is
People who have shares in a company
Anyone who invests in a company
Anyone affected by the activities of a company
People who are thinking of investing in a company
7
A box ticking exercise is
when a company engages in CSR with the best intentions
when a company adopts CSR policies
when a company is audited for its CSR policies
when a company engages in CSR but not truthfully
8
Fair trade is a social movement that
helps developing countries get tax breaks
helps developing countries have better trading conditions
helps developing countries implement CSR policies
helps developing countries enter international trading
9
A back-up plan, or a plan created before a crisis happens is called
a contingency plan
an admission of guilt
a press release
a damage plan
10
A person who buys shares in a company is called
a stakeholder
an actionist
a supporter
a stock holder
11
The money you receive after selling a stock is called
a benefit
a dividend
a profit
a bond
12
Managing the negative effects of a crisis is called
damage litigation
damage limitation
contingency plan
contingency liability
13
When sales are competitive we say they are
well procured
cut-rate
dumped
freight
14
Economies of scale are
The different lines of production a company has
The advantages of producing on a large scale gives
The different types of products a company sells
Diversification of products in a company
15
What is a bank statement?
a document that is a legal record of purchase
A written presentation of financial data
a check
a document for services or goods supplied
16
When you buy a share, you have a _____ in the company
portion
action
stake
part
17
A security in the stock market is
one type of stake
one type of investment
bonds
one type of stock
18
The amount when a company pays the labour and materials in the fabrication of a product.
dumping
total price
break-even total
overhead
19
Overheads are
the money lost if a product is not sold
money required to turn a profit
the money required to hire employees
the expenses involved in operating a business
20
The buying and selling practices in a company is called
procurement
trading
internal movement of money
buying
21
Someone who is an advocate is someone who
repels an ideal
questions an ideal
supports an ideal
protests against an ideal
22
Stocks or shares are ________ on the stockmarket floor
traded
exchanged
changed
given
23
Another word for buying is
purchasing
procuring
tendering
cut rate
24
Goods tranported by ships, planes and trucks is called
freight
shippers
overhead
stakes
25
Staff turnover is
hiring new staff to fill temporary positions
The money new employees earn
The amount of new employees leaving & entering a company
moving staff to new departments
26
The profit the company makes after it has paid for the fabrication of the product is called
break-even total
total price
overheads
mark-up
27
EFTA means
European Fair Trade Alliance
European Free Trade Association
European Free Tariff Agreement
European Free Trade Agreement
28
Another word for tariffs is
income taxes
freight
procurement
duties
29
A press release is
a meeting with the victim's family
a written statement written and distributed to the press
a conference with the press
a report published in a newspaper about a crisis
30
A person who will pay a loan for you if you don't pay it is called
an avaler
a guarantor
a loan signer
a co-signer
31
If a country exports a greater value than its imports this is
negative balance
trade surplus
trade deficit
balance of trade
32
If you default on a loan you...
pay it back on time
are unable to pay it
need to borrow money to pay it
pay it early
33
A subset or a small part of a market is called on which a specific product is focused is called
a segmented market
a niche market
a specialized market
a cut-rate market
34
span of control
the number of companies a manager can work in
the amount of companies that are in a multi-national
the number of bosses an employee can have
is the number of employees one manager can manage
35
The team recorder is the person who
the person who video-records the meeting
the person who gives the orders
the person who speaks in name of the team
the person who creates the minutes of meetings
36
A company selling products at below costs is called
cut-rate
fair trade
dumping
trade deficit
37
The idea of balancing your work and private life is called
labour living balance
work labour balance
work life balance
labour private live equilibrium
38
Reconciling two accounts means
making them agree
making them have a 0 balance
removing all money from both of them
transferring money between them
39
When a company decides a product is dangerous they have to take it off the market. This is:
a reset
a return
removal
recall
40
A Company structure with little difference betwen employees and superiors is called
a hierarchical structure
A matrix structure
A flat stucture
A stratified structure
