Accounting
What is Accounting?
The activity set of institutions, and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners, and society at large.
What is Marketing?
Recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling.
What is Human Resource Management?
Finding the most efficient ways of doing things.
What is Scientific Management?
This clothing company is helping reverse the decline in the environmental health of our planet.
What is Patagonia?
A six-step procedure that results in the preparation and analysis of the major financial statements.
What is the accounting cycle?
The ingredients that go into a marketing program.
What is the Marketing Mix? or What are the 4 Ps?
Employment activities intended to 'right past wrongs'.
What is Affirmative Action?
The tendency for people to behave differently when they know they are being watched.
What is the Hawthorne Effect?
This company was forced to stop production of its 737 MAX airliner.
What is Boeing Airlines?
Assets= liabilities + owner's equity
What is the fundamental accounting equation?
A physical good or service that satisfies a want or need.
What is a Product?
Obtaining a sufficient number of people at the right time.
What is Recruitment?
Physiological needs
Safety needs
Social needs
Esteem needs
Self-actualization needs
What are Maslow's Hierarchy of Needs?
Two giant media companies merged in 2019 creating an even greater entertainment colossus, introducing a new streaming service.
What is Disney and 21st Century Fox?
Economic resources (things of value) owned by a company.
What are Assets?
A word, letter, or group of words or letters that differentiates one seller's goods and services from those of competitors.
What is Brand Name?
Establishing and maintaining contacts with key managers and using those contacts to build strong relationships.
What is Networking?
Average person hates work, workers must be threatened, workers avoid responsibility, motivated by fear and punishment.
What is theory X?
Opened a candy company in Chicago and New York, but failed both times.
Who is Milton Hershey?
An evaluation and unbiased opinion about the accuracy of a company's financial statements.
What is an Independent Audit?
Developing a unique mix of goods and services for each individual customer.
What is One-to-One Marketing?
Wages based on percentage of sales.
What is Commission?
Employee expectations can affect an individual's motivation.
What is the Expectancy Theory?
This company's gourmet chefs cook lunches, dinners, and snacks for it employees.
What is Google?