Finance/Accounting
Values and principles that guide decisions.
What is ethics?
Doing what needs to be done without having to be prompted by others.
What is initiative?
Is a federal act that protects people with disabilities from discrimination.
What is the American's with Disabilities Act (ADA)?
Is a field where a person provices the necessary skills, time and money to start a new business venture.
What is entrepreneurship?
Business that is owned by a single owner that provides money and skill to run the business.
What is a sole proprietorship?
This occurs when one steals information from another person and then applies for credit or electronically steals funds from the person.
What is identity theft?
When demand exceeds supply.
What is a shortage?
Includes the use of technology for banking services, such as transferring money between accounts.
What is Electronic Funds Transfer (EFT)?
Regularly scheduled meetings that are often held so that staff members can provide an update on any projects they may be working on.
What is a staff meeting?
When a business focuses on meeting or having a lower price than the competitor.
What is Price Competition?
A monthly statement that shows when cash will go into and go out of a business.
What is a cash flow statement?
A way to budget time so that all tasks can be accomplished.
What is time management?
Is a government body that provides and enforces safety guidelines for the workplace.
What is Occupational Safety & Health Administration (OSHA)?
Occurs between businesses trying to gain customers, keep existing customers and take customers from their competitors.
What is competition?
Include day to day running of the business, which may include scheduling, logistics, facilities management, safety, and information management.
What is operations?
The overseeing of the revenue, expenses, budgets and financial statements of a business.
What is finance?
Is a standardized conception or image held in common by a group of people.
What is a stereotype?
It is a form of risk management known as risk transfer. With this, businesses can transfer their risk to them. They would then cover the potential loss of property or people.
What is insurance?
This uses data to make management decisions.
What is information management?
This is a way to manage the employees of a business. They keep records on hiring/firing, training, evaluations and discipline of employees.
What is human resource management (HR)?
The way for the government to borrow money from the people. They usually have maturity dates from 1-10 years.
What is a treasury note?
Is adherence to moral and ethical principles: soundness of moral character; honesty.
What is integrity?
Are a way for the government to borrow money from the people. They have a set interest rate and maturity date.
What is a government bond?
This is a measure of the toal output of goods and services that are produced by a country.
What is gross domestic product (GDP)?
What is a monopoly?