Misc
business information management examples
What is Databases of clients or products, accounting systems, online communication tools
A set of instructions, or a set of modules or procedures, that allow for a certain type of computer operation
What is a software program?
a software program you use to easily perform mathematical calculations on statistical data and totaling long columns of numbers or determining percentages and averages.
What is spreadsheet software?
the use of words to share information with other people
what is verbal communication
means that the original creators of products and anyone they give authorization to are the only ones with the exclusive right to reproduce the work.
What Is Copyright
Business managers often prepare and use presentation software to support reports to analyze financial data
What is false?
Correct answer:To simplify complex information
The owner of a small company decides to stock a new product. Which business activity should the owner use to inform potential customers about the new product?
What is marketing?
is used to create, edit, and maintain database files and records, enabling easier file and record creation, data entry, data editing, updating, and reporting. The software also handles data storage, backup and reporting, multi-access control, and security.
What is database software?
might involve using certain facial expressions or hand gestures to make a specific point, or it could involve the use (or non-use) of eye contact, physical proximity to get a message across
what is nonverbal communication
provides the inventor exclusive rights to the patented process, design, or invention for a certain period in exchange for a complete disclosure of the invention.
what is a patent
Research data displayed in charts, tables, and maps are an example of
What is graphic presentation?
Accounting software applications facilitate a business's ability to efficiently track income and expenses, manage inventory, and
What is process payroll?
is used to apply the basic editing and design and also helps in manipulating the text to your pages
What is word processing software?
Communication. Empathy. Emotional intelligence. Conflict resolution. Negotiation. Listening. Positive attitude. Teamwork.
what are examples of soft skills or interpersonal skills
a word, phrase, symbol, or design, or a combination thereof, that identifies and distinguishes the source of the goods of one party from those of others
what is trademark
Risks associated with starting a business
What is Economic Risk, Compliance Risk, Security and Fraud Risk, Financial Risk, Reputation Risk, Operational Risk, Competition Risk.
A manager is most likely to use financial information when calculating the number of on-the-job injuries in the past year?
What is false?
Correct answer:
determining resources available to fund a new project.
allows you to create your multimedia product using a series of slides.
What is presentation software?
collection of data items with pre-defined relationships between them
what is relational database
profit = revenue – costs
what is Cost volume profit variances c-v-p
(a way to find out how changes in variable and fixed costs affect a firm's profit. Used to see how many units to sell to break even (cover all costs) or reach a certain minimum profit margin)
The function of business information management
What is a process that supports the very foundation of any business by distributing, sharing and keeping track of information within it?
What sections and information should a business plan contain?
What is
The finance function ensures that the company's financial goals are in line with
What is organizational priorities?
stands for Strengths, Weaknesses, Opportunities, and Threats
what is SWOT Analysis (a tool that can help you to analyze what your company does best now, and to devise a successful strategy for the future).
money generated from normal business operations
what is revenue