Business concepts
What is the amount of money paid to workers called?
Wages
Name a stakeholder related to avondale college
student
teacher
principle
director
parent
Name a financial tool we have used
CBA
PF
SWOT
etc
The E in HEART
Endeavour
What language would I speak if I was from the Netherlands
Dutch
What is a shareholder?
For example a shareholder of apple
Someone that has invested and owns 'shares', small stakes in ownership in a publicly traded company
Name an external stakeholder to subway
Customers
Suppliers
Why is it important to consider putake in our decision making process?
Good answer
The traditions and practices that are acceptable.
Tikanga
What country has the cities of:
Ottawa
Edmonton
Calgary
Canada
What is a sole trader?
One individual runs and owns the entire business
Define stakeholder
A person/group of people interested in the success/failure of a specific organization
What is the putake of avondale college
To educate students and prepare them for life
Putake
What is the name of the original playable character in minecraft?
Steve
What is a supplier?
Another company that sells products to a different company that are used in the second company's production process.
The stakeholder of customers want prices of Mcdonalds to be...
As low as possible
COMCARS is considering upgrading their factory to increase productivity. What is productivity
The amount of output that can be produced on a per input basis
An important value in considering hiring employees, the trait of telling the truth
Honesty
What does kohia ngā Taikākā mean?
Collect the heartwood
Why is a car likely more expensive than a pencil?
Because higher costs are involved in producing a car the company will likely require more revenue to stay profitable. Revenue is PxQ
Why might a staff member want the business they work at to be profitable?
More stable job, less likely to be fired etc
What is the net profit for comcars if they sold 1000 Wheels at 50$ a wheel having costs of 35,000
1000x50 = 50,000
50,000-35,000=15,000
Guardianship of natural resources, a value that can be held by organizations
Kaitiakitanga
Name a country that starts with the letter R
Rwanda
Russia
etc