GAAP stands for _____.
What does Generally Accepted Accounting Principles stand for?
A leading yardstick of a country's economy is this abbreviated GDP
Gross Domestic Product
Creating social benefit for society
What is the main goal of a social entrepreneur
Strengths and weaknesses
What are the internal factors of a SWOT analysis?
Just in Time
What does the JIT inventory optimization method stand for
Analyzing transactions
What is the first step in the accounting cycle?
Full employment can be defined as the highest percentage that won't trigger this as workers ask for more money
Inflation
Important metrics considered by companies to measure performance
What is Key Performance Indicators?
Principles that define right or wrong conduct
What is ethics?
Information Systems Essentials
What is the full name of the Rider class CIS 185
Dr. Equipment 10,000
Cr. Cash 10,000
What is the journal entry for purchase of equipment for cash $10,000?
The organization in the US that conducts monetary policy and controls interest rates.
What is the Federal Reserve
Sam Walton
Who is the founder of Walmart and Sam's Club?
Defining goals, setting performance objectives and identifying a course of action.
What is planning?
A popular certification in Supply Chain that emphasizes efficiency and optimization
Six Sigma
Assets=Liabilities+Stockholder equity
What is the Accounting Equation?
2006-07 saw many foreclosures on this type of loan which despite its name has a higher-than-usual interest rate
Sub-Prime
Activities, interests, opinions form the basis of this concept.
What is Psychographic segmentation?
Formally responsible for support the work efforts of other people
What is a manager?
The Chair of the Information Systems and Supply Chain Departments
Jia Shen
Revenues-Expenses
What is the formula for calculating net income?
George Akerlof won a Nobel for his theory of this lopsided type of info meaning one party knows more than the other
Asymmetrical Information
Product, price, place, promotion
What are the four P's of marketing?
BLS stands for _____.
What does the Bureau of Labor Statistics stand for?
The observation that approximately every two years, the number of transistors on a dense integrated circuit doubles
Moore's Law