Chapter 10 - Financing & Tracking Business Operations
100
________ is the act of directing or inspiring others to perform activities designed to achieve organizational objectives.
What is Leadership.
100
Today, more women are entering the workforce than ever before. The following are issues some women face in the workplace:
a. pay inequality
b. sexual harassment
c. fewer executive promotions
d. all of the above
What is all of the above
100
Free Points
Happy Holidays
100
________ is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.
What is Marketing
100
Professionals who are responsible for tracking a company’s income and expenses are called _________.
What are accountants
200
This style of leadership inspires, is empathetic, and explains how peoples’ efforts contribute to the goals of the company:
a. democratic
b. commanding
c. visionary
d. affiliative
What is visionary.
200
The Americans with Disabilities Act of 1990 requires employers to make what kind of accommodations for employees with disabilities:
What is Reasonable.
200
Free Points
Happy Holidays
200
Companies use ________ to focus on a specific consumer market by combining product, distribution, promotion, and pricing strategies.
What is a marketing mix.
200
The procedure used by accountants to convert transactions into financial statements is called ________.
a. the accounting process
b. processing financial information
c. recording financial information
d. summarizing financial information
What is the accounting process
300
According to Maslow’s hierarchy of needs, an individual's first priority is given to which level of need?
What is psychiological.
300
Which law covers discrimination against protected classes such as race, color, gender, religion, and national origin:
What is the Civil Rights Act of 1964
300
______ is the process of exploring and analyzing data to find patterns.
What is data mining.
300
Which of the following is the first step in developing a marketing strategy?
a. Developing the strategies
b. Identifying a price
c. Analyzing the market
d. Controlling the plan
What is Analyzing the Market
300
The rules followed by accountants when preparing financial statements are referred to as ________.
a. Generally Accepted Accounting Practices (GAAP)
b. Financial Accounting Standards Board (FASB)
c. the accounting process
d. the accounting system
What is the Generally Accepted Accounting Practices (GAAP)
400
Helène, an industrial sales representative, bought a cellular phone to use if she ever had car trouble while traveling between appointments. Which level of Maslow's need hierarchy is Helène addressing?
a. Physiological
b. Safety
c. Esteem
d. Self-actualization
What is Safety.
400
Diversity training raises awareness about how to accept people who may not think, act, talk, or dress like you. It is important in such training to always stress the ____________ of a diverse employee base.
a. lack of significance
b. benefits
c. hurdles
d. problems
What is benefits
400
Using information technology (IT) to solve business and economic problems is known as ___________.
a. Management information systems
b. Systems design and development
c. Data
d. E-commerce
What is management information systems.
400
A name, term or symbol used to distinguish a product from its competitor is known as ___________.
What is a brand.
400
What is the basic accounting equation?
What is Assets = Liabilities + Owners' Equity
500
Gloria, a supervisor of data entry clerks, uses a time clock to document the attendance of her employees. She believes that without the monitoring system, her employees' attendance records would decline rapidly. Gloria's assumption about worker behavior is based on ________.
a. Theory X
b. Maslow's hierarchy of needs
c. Theory Y
d. Management by Objectives (MBO)
What is Theory X.
500
What is the definition of diversity?
a. racism
b. difference
c. Affirmative action
d. tells you how you are wrong
What is difference.
500
______ is the name for technology that lets people check their voicemail over the Internet.
What is What is voice over internet protocol
500
In a process called ________, products pass through a series of stages from their initial appearance to their decline.
What is the product life cycle
500
A(n) ________ is a financial statement that is directly based on the accounting equation.
a. income statement
b. balance sheet
c. statement of cash flows
d. statement of changes in retained earnings