Module 1
What are Ethics?
The Basic principles that govern your behavior.
What are consumers?
People who use goods and services to satisfy their wants.
what is customer relations?
All the activities a business engages in to interact with its customers.
What is an accountant?
An individual who has had specialized training in accounting.
Is information technology a subset of information systems?
yes.
What is transparency?
The quality of being just as one seems; being open and truthful when communicating.
What is entrepreneurship?
The act of organizing resources and accepting all risk in order to obtain a profit.
what are the main levels of management?
executive, middle and supervisory.
What do businesses track with accounting information?
Value of things they own, amounts owed to them, and the amount they owe to others.
What is the database?
Computerized storage for information and facts.
What involves deciding if something is right or wrong?
Ethical situation
why are capital goods limited?
Lack of labor, Natural resources, technology, and money to produce them.
what are conceptual skills?
The ability to see the "big picture" and think about how things will work together.
What is the definition for bottom line?
A business's net income: the decisive point.
Is Intranet and internet the same thing?
No
what are some consequences to unethical behavior?
Lost trust, legal problems, a poor reputation, and a bad example.
what are the two markets?
Buyers and sellers market.
What are the critical business functions?
Planning, staffing, leading, and organizing employees.
Why is accounting important to businesses?
It enables them to maintain control of their money and make good financial decisions.
What is ROM?
It is used to make a section of main memory read only.
Whats the difference between dilemma and ethical dilemma?
Dilemma is when you are required to make a decision in a difficult situation, while ethical dilemma is where you have to decide whether if something is right or wrong.
What are the 3 types of economic systems?
Traditional, command, and market.
How is HR management evolving?
business world is always changing,more diversity, greater emphasis on work life balance, and outsourcing and organizational restructuring
Whats the 4 p's?
Product, price, place, and promotion.
What is spreadsheet?
File made or rows and columns that help sort, organize, and arrange data efficiently, and calculate numerical data.