Business Management
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Administration
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Administration
Before an individual can follow verbal directions, s/he must first be ready to...
What is listen?
When your self-confidence is high, you usually believe that you are a(n) __________ person.
What is valuable?
Planning activities in advance, setting priorities, and avoiding nonproductive distractions are an important aspect of _______.
What is time management?
A message which is as short and to the point as possible is referred to as ______.
What is concise?
A business that fails to protect its employees from unnecessary risk or health hazards on the job may be sued for ______.
What is negligence?
To calculate total revenue, a business multiplies the number of units sold by...
What is the average price per unit?
What are the two main components of a budget?
What is income and expense?
What does the income statement show about a company over a period of time?
What is profitability?
What is one way that a business might use marketing information?
What is to develop new products/understand their audience/competitive intelligence?
The owner receives all of the profits of the business and can act quickly in making business decisions
when the form of business ownership is a _______.
What is sole proprietorship?
The section of the marketing pan that should address where the business will be located is the _______ section?
What is place?
What is the marketing function that provides information to consumers that will assist them in making a decision to purchase a good or service?
What is promotion?
Which individual typically checks the accuracy of a company's financial statements?
What is an external auditor?
When farmers sell their own crops at roadside stands on their farms, they are using a(n) ______ channel of distribution.
What is a direct?
"Yes, you'll save money instantly" is an example of a statement with _______.
What is persuasive words?
Inspecting raw materials before using them produce finished goods if an example of ______ control.
What is standard control?
A resort is conducting telephone interviews with former guests to determine how it can improve its
services. How can the resort minimize interviewer bias and procedural errors during the interview
process?
What is providing the interviewers with training?
What type of financial statement includes an accounting of the shareholders' equity for a company?
What is a balance sheet?
When reaching a consensus by a formal method, why might group members prefer to use
questionnaires?
What is to remain anonymous?
Hazel started her own childcare network where she connects families to available babysitters at her
school. Hazel could be described as a(n) _______.
What is an entrepreneur?
Two employees used a business's computerized accounting system to change some records. They were able to steal $50,000 from the business because the accounting system lacked _______.
What is protection from theft and fraud?
Why is it important for hospitality and tourism businesses to be aware of, and react to, trends and
changes in the marketplace?
What is to remain competitive?
Define phishing.
What is the fraudulent practice of sending emails or other messages purporting to be from reputable companies in order to induce individuals to reveal personal information, such as passwords and credit card numbers.
Name an example of primary market research.
A small-business owner might register for trademark protection for the company's ______.
What is logo?