Chapter 2- Economic Activity
Market Value of all final products produced in a country during a specific time period.
What is Gross Domestic Product?
The organization that creates revenue.
What is For-Profit Business?
The sentence describing the motive of the company and its existence.
What is Mission Statement?
The employee(s) who works for the business.
What is Human Resource?
The art of using excellent manners in any situation.
What is Etiquette?
The amount a person who borrowers pays to a lender for a loan.
What is Interest?
The business or people who take natural resources from the land.
What is Extractors?
The group of two or more people work together to accomplish a familiar goal.
What is Team?
The description of a position and the expectations of a job.
What is Job Description?
The use of any copyrighted material without having authorization.
What is Infringement?
The percent of a civilian labor force that is unemployed.
What is Unemployment Rate?
The business that buys large quantities of a product originating from producers and sold the product in smaller quantities to retailers.
What is Wholesaler?
The interchanging forces within a group.
What is Group Dynamics.
The education for individuals who have completed their formal schooling and training.
What is Professional Development?
The using of the Internet to threaten or harass an individual.
What is Cyber-bullying?
The economy has every person willing and able to work have a job.
What is Full Employment?
The business that is owned and sometimes functioned by a single individual.
What is Proprietorship?
The skills that are used to help individuals communicate and work along with other individuals.
What is Interpersonal Skills?
The form of a non-cash payment received in addition to wage or salary.
What is Benefit?
The exchange of information through any electronic means.
What is Digital Communication?
The lowest stage of a business cycle and marks the final end of a recession.
What is Trough?
The form of a business ownership that blends with the benefits of a corporation with those of proprietorship and partnerships.
What is Limited Liability Company (LLC)?
The system used to maintain, organize, acquire and retrieve, to use information.
What is Personal Information Management (PIM)?
The uninvited conduct towards any individual bad on his/her race, color, gender, religion, origin, age or disability.
What is Harassment?
The set of rules that briefly explains what is and is not tolerable use of company owned and company operated equipment, and networks.
What is Acceptable Use Policy?