Business Management
Two types of business partnerships
general and limited
Motivational praises should be
specific and work-related
a meeting location
Which act regulates the federal minimum wage
Fair Labor Standards Act
Examples of unethical selling practices
bribes
favors
high-pressure closing tactics
kickbacks
Determining the best marketing strategy starts by asking what question?
Who is the target market?
Successful implementation of an organization's strategic plan depends on participation and support from
every employee in the organization
List what is associated with personally identifiable information
name
address
phone number
social security number
Laws that require employers to provide insurance for death, injury, or illness resulting from employment are known as
Workers' compensation laws
The prectice of choosing to be more socially responsible with regard to the environment
carbon footprint
What is the purpose of a sales forecast
predict the sales for an upcoming season or event
A retirement plan to which both the employee and the employers may contribute is called
401(k)
The document that records points of discussion, decisions made, and task assigned at a meeting is called the
minutes
The offering, buying, and selling of stock is regulated by which agency
Securities and Exchange commission
Who controls the flow of money through interest rates
Federal Reserve System
tax on imports
tariff
The Age Discrimination in Employment Act of 1967 protect people who are ___ or older
Electronic documents that have historical value to a business and that are permanently saved are called _____ records.
archived
An employee believed he or she was unfairly fired due to discrimination. Which agency would he or she contact to file a complaint?
Equal Employment Opportunity Commission
A document telling employees what their firm expects in terms of thier responsibilities and behaviors towards coworkers
code of ethics
Information that provides facts and figures from which conclusions can be drawn
quantitative
A SMART goal is
Specific
Measurable
Achievable
Relevant
Time Limited
A country exported $8.3 million worth of goods and imported $7.8 million worth of good. What is the trade surplus or deficit
$0.5 million
Which government agency is responsible for overseeing the safety of toys
Consumer Product Safety Commission
A party's failure to fulfill the terms of an agreement is know as...
breach of contract