Business Admin
A private wrongdoing that potentially harms another person or entity
What is a tort?
The process of getting into and operating one's own business
What is Entrepreneurship
What is another name for an online identity theft scam?
What is Phishing
Sally wants to incorporate her company and contracts a law firm to handle the legal aspects of the process. This is an example of
A. staffing.
B. exporting.
C. outsourcing.
D. designating.
C: outsourcing
Obtaining a line of goods for use in a business is one of the functions of A. controlling.
B. selling.
C. organizing. D. purchasing.
D. Purchasing
Implementing a process to make an organization more efficient
What is a streamline?
resources of land, labor, capital, and entrepreneurship used to produce goods and services
What are the Factors of Production?
A defined contribution plan that is sponsored by corporate employer
What is a 401K Plan
The communication of information about goods, services, images, and/or ideas defines:
A: cultural trends
B: promotion
C: message channel
D: demand.
B: promotion
When writing an email to your coworkers, you should always
A. use all capitals to get important points across.
B. write “please” and “thank you” when necessary.
C. make sure your message is as long as possible.
D. put your main point in your last paragraph.
B. Write “please” and “thank you” when necessary
Speaking distinctly and clearly pronouncing words precisely
What is articulation?
Food being paid before service, a limited menu, and may serve partially cooked food.
What is a Quick Serve Resturant?
The financial statement that reports a firm's assets, liabilities, and equity at a particular point in time.
What is a Balance Sheet
Compliance in the finance industry involves financial institutions operating within
A. specific territories.
B. regulatory guidelines.
C. organizational plans.
D. different relationships.
B: regulatory guidelines
Making employment information available to job seekers in many locations at the same time is one way that computer technology impacts
A. organizational decision-making.
B. business development.
C. corporate communications.
D. human resources management
D. Human Resources management
Social awareness, self-awareness, self-management, and relationship management
The process of acquiring training, developing, motivating and appraising sufficient quantity of qualified employees to perform necessary activities.
What is Human Resources Management?
The total amount of money the business receives from its customers for its products and services. It's the amount of money that is brought into a company by its business activities.
What is Revenue
Todd needs to develop an overall plan for his business but does not know what type of information to include in the document. Todd logs onto a search engine to quickly locate the information he needs.
Which of the following search terms is most likely to provide Todd with desired search results:
A. Business plan elements
B. Develop planning document
C. Plan components
D. Business document components
A. Business plan elements
Whichofthefollowingisaglobaltrendthatmightencourageanentrepreneurtoconsiderinternational business opportunities:
A. Flexible currency rates C. Enforceable trade agreements B. Higher allowances D. Lower tariffs
D. Lower tariffs
Which projects the business will invest in, how the investment will be financed, and whether or not to pay dividends to the company’s shareholders
What do capital investment decisions determine?
Insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.
What is Workers Compensation
The direct costs attributable to the production of the goods sold by a company. This amount includes the cost of the materials used in creating the good along with the direct labor costs used to produce the good. It excludes indirect expenses such as distribution costs and sales force costs.
What are Costs of Goods Sold
Computer programs that allow businesses to manage all types of activities, such as inventory control and finance, are known as
A. wireless connectivity programs.
B. electronic communications programs.
C. interactive information display packages.
D. integrated software application packages.
D. Integrated software application packages
One of William's business goals is to increase customer satisfaction by 15%.What is one measure that William could use to assess his progress toward that goal?
A. Number of product returns C. Cost of marketing efforts B. Level of employee turnover D. Number of touch points
A. Number of product returns