Chapter 15
This terms refers to the comprehensive system for collecting, analyzing, and communicating financial information
What is Accounting
A system that supports managers by providing daily reports, schedules, plans, and budgets that can be used for making decisions
What are Management Information Systems
What is the best-selling fiction novel series of all time?
What is Harry Potter
Bakery thrift shop, shoe factory outlet are examples of what type of retailers
What is Bargain
This is the process of collecting, storing, and retrieving data in electronic files
This refers to the rules and procedures governing the content and form of financial reports?
What is Generally accepted accounting principles
Keyboards, monitors, and printers are examples of this in IT
What is Hardware
Who made a solo flight across the Atlantic in 1932?
Who is Amelia Earhart
This type of market distribution strategy places low cost goods at as many distribution points as possible
Intensive
This part of the marketing mix includes communicating information about products and is the most visible component of the marketing mix?
What is Promotion
This is the Accounting equation
What is Assets= Liabilities+ Owner's Equity
The most common type of network used in businesses
Client-Server
How many legs does a lobster have?
How many is 10
Using symbols and names to communicate the qualities of a product is a function of what?
What is Branding
This is composed of the 4 P's
Marketing Mix
The difference between revenues and the cost of revenues
What is Gross Proft
The system that includes data conferencing and videoconferencing
What is Electronic Conferencing
What manufacturer used the first assembly line to mass-produce automobiles?
Who is Ford
During the product life cycle, this is when sales begin to slow down even though profit levels are high
What is maturity
This describe(s) measurable traits about a consumer, such as income, gender, or marital status?
What is Demographics
The most important internal financial statement for planning, controlling, and decision making
What is a Budget
This is an Internet connection allowing outsiders limited access to a firm's internal information system
What is Extranet
This is the only male animal that gets pregnant and gives birth
What is a Seahorse
The number of new product ideas needed to generate one that reaches the consumer market
How many is 50
These re products that are consumed rapidly and regularly
What are Convenience Goods