Management
Net Income / Shareholder’s Equity
What is Return on Equity?
Total Liabilities / Total Equity
What is Debt - Equity Ratio
This approach to leading has the manager making all the decisions and they set all targets and objectives.
What is Autocratic?
Cost per unit x quantity
What is variable cost?
represents anything you own of value that can be converted into cash (and cash itself)
What are Assets?
BBA was founded in
What is 1829?
This famous experiment, studied by E. Mayo, concluded that what most motivates people is the general ethos and values held by the different social groups in the company. What was that experiment?
The Hawthorne experiment.
are simply amounts that are owed to others – either in the short term or the long term
What are Liabilities
This managing style says the instructions but targets can be negotiated and adapted to meet the needs of the company and the workforce.
What is Democratic?
Current Assets / Current Liabilities
What is Current Ratio?
BBA is an independent high school that serves the public, accepting students from this number of sending towns (+-1)
What is 13?
"His" hierarchy of needs.
Who is Maslow.
With this style, managers listen, explain and consult with the workforce EXCEPT, the manager still makes the decision.
What is Paternalistic?
This managing style basically says “Let them do it" as employees are given broad scope to make their own decisions.
What is "Laissez-faire"?
Cost per unit x quantity
What is Total Cost?
This is how many countries are represented at BBA (+-1).
What is 11?
This is the lowest level of Maslow's Hierarchy of Needs.
What is "Physiological Needs"?
known as a profit and loss statement, and often referred to as P&L, statement of earnings, or statement of operations.
What is an Income Statement?
Price per unit x Quantity
What is total revenue?
Fixed Cost/(price/unit – variable cost/units)
What is Breakeven?
BBA Average class size (+-1)
What is 15?
This is the highest level of Maslow's Hierarchy of Needs.
What is "Self-actualization"?
(Current Assets - Inventory) / Current Liabilities
What is Quick Ratio?
The cost of giving up something in order to obtain something else
What is Opportunity Cost?
(Net Sales - Cost of Goods Sold) / Net Sales
What is Gross Margin?