Buying a Car
Chapter 1 Stuff
Rana Plaza
Risk
Cost of Goods Sold
100

A term used to spread out payments?

What is amortization

100

A game plan that enables a company to attract and retain customers by distinguishing themselves from competitors.

What is a strategy.

100
The pricing strategy driven by companies like Walmart and Joe Fresh.

What is the race to the bottom.

100

A process used by a company to proactively identify and manage foreseeable risks.

What is Enterprise Risk Management.

100
Ending Raw Materials-Purchases-Beginning Raw Material is known as ________

Raw Material used in Production

200

Beginning Monthly Balance+Interest-Ending Monthly Balance

What is Monthly Payments

200

Detailed reports prepared on a periodic basis that compare budget data to actual data.

What is a performance report.

200

The Rana Plaza collapsed occurred in this country.

What is Bangladesh.

200

What are the two factors used to measure risk.

What is impact and likelihood.

200

Direct materials+Direct labor+Manufacturing Overhead = 

What is Total Manufacturing Costs.

300

When you still owe for a car a trade it in for a new car?

What is negative equity.

300

Developing goals and specifying how to achieve them.

What is planning.
300

Non business activities should be pursued by companies to be responsible for their actions.

What is Corporate Social Responsibility

300

A tool to used to assess risks is called a Risk Management_______

What is Matrix.

300

Beginning Work in Process+Total Manufacturing Costs-Ending Work in Process=

What is Cost of Goods Manufactured.

400

Beginning Monthly Balance owing on the car +_____________monthly payments = Ending Monthly Balance owing on the car

What is Interest Payments

400

A quantitative plan for acquiring and using financial and other resources over a specified future time period.

What is a budget.

400

The year when the Rana Factory collapsed.

What is 2013.

400

Managing risk by not taking on the event is known as Risk______.

What is avoidance

400

Ending Cost of Goods Sold +Cost of Goods Sold =Beginning Inventory+__________

What is Cost of Goods Manufactured.

500

Annual Interest Rate is 12%. When price is $50,000, what is interest charge for first month?

What is $500.

500

_______consists of the major business functions that add value to a company's products and services.

What is a Value Chain.

500

The number of people who perished in the Rana Factory collapse:

Less than 100

Between 101 and 500

Between 501 and 1000

More than 1000

What is more than 1,000

500

The most common risk management tactic is to reduce risks by implementing specific_________

What are controls.

500

Goods Available for sale comprises of these two components.

What is Finished Goods  Inventory + Cost of Goods Manufactured

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