Fill in the Blank
_______A group of people with complementary skills Who work together to achieve a specific go .
Team
Packaging is the information on the package .
False, labeling
Goods are made to customer specifications.
A. Mass production
B. Mass customization
C. Made to stock strategy
D. Made to order a strategy
D.Made to order Strategy
1. A system for measuring and summarizing business activities.....
2. Provides information and analysis to decision makers inside organizations
A. Management accounting
B.Accounting
1. Accounting
2. Management accounting
Most large banks are members of the central banking system.
Clue: The Fed
Federal reserve system
_______ leader defines the teams goals and activities and is responsible for achieving it’s assigned goals.
Manager lead team
With private branding, the maker sales a product to a retailer who sells it under its own name.
True
A group of related businesses that do similar things and compete with each other.
A. Market
B. Dentistry
C. Niche
D. Market segments
B. Industry
1. Are used to assess a firms financial strength
2. Compare net profit to total assets to determine whether the company generated a reasonable profit
A. Return on assets ratio
B. Financial condition ratios
1. Financial condition ratio
2. Return on assets ratio
A bank holds onto only a fraction of the money it takes in .
Clue: Lends the rest out to individuals, businesses, government
Reserves
__________ May determine overall goals, but employees control the activities needed to meet them.
Self managing team
Labeling is When The container holds the product
False, packinging
You can protect your rights to your idea with a _______.
A. Product concept
B. Prototype
C. Patent
D. Ramp up stage
C.Patent
1. Income statement, statement of owners equity, balance sheet, cash of flow
2. Assets, liabilities, owners equity
A. Balance sheet
B. Financial statement
1. Financial statement
2. Balance sheet
The rate of interest that the Federal reserve system chargers a members Bank borrow.
Clue: it can Raise or go lower
Discount rate
________ designed to take advantage of the special expertise of members drawn from different functional areas of the company.
Cross functional team
Companies can sale directly or indirectly, threw intermediaries.
True
To schedule jobs, managers create a .....
A. Master production schedule
B. Just in time production
C. Schedule
D.Plan
A. Master production schedule
1. Reports the changes in owners equity that have occurred over a specific period of time
2. Technique that is used to determine the level of sales needed to break even
A. Break even analysis
B. Statement of owners equity
1. Statement of owners equity
2.Break even analysis
When the stock market is enjoying a period of large increases in prices it is known as the .......
Clue: it is the opposite of a bear market
Bull market
_______ geographically dispersed members interact Electronically in the process of pursuing a common goal.
Virtual team
Supply chain is the process of getting products from producers to customers.
False , physical distribution
The purchasing function has been simplified through technology advances, including the purchasing and .....
A. Just in time production
B. Master production schedule
C. Material requirement planning
D.Electric data interchange
D. Electric data interchange
1. Discount rate
2. Open market operations
A.The rate of interest that they charge members bank , to borrow
B. Buying or selling government securities on the open market
1. Discount rate
2. Open market operations
Bank generally require security in the form of.....
Clue: Company, money, personal assets
Collateral