This is an agreement to obtain money, goods or services now in exchange for a promise to pay in the future
What is credit
100
You should start doing this as soon as you can
What is saving for retirement
100
The duty of a company to do what is best for the good of society is called this
What is social responsibility
100
What is the process of achieving company goals by planning, organizing, leading, controlling and evaluating the effective use of resources
What is management
200
Maintaining stability while running the business is one reason a business want to what
What is make a profit
200
A Money Market Account would be on which level of the investment pyramid
What is Level 1
200
The measure of a persons ability and willingness to pay debts on time is what
What is a credit rating
200
One of the biggest obstacles in starting a business is this
What is obtaining financing
200
A CEO that asks for feedback from the sales manager before making a decision shows what type of leadership style
What is democratic
300
Identifying alternative actions, evaluating your decision and weighing the pros and cons are all steps in what
What is the decision making process
300
A free for using a creditors money is called
What is interest
300
This type of interest earns you the most money over a specific time period
What is compound interest
300
A corporation can raise money by selling this
What is stock
300
A self-managed team demonstrated this type of communication style
What is motivated, open and able to self evaluate
400
Capitalism is another name for this type of economy
What is a market economy
400
What is the total interest earned if you had $1200 in your savings that made 10% simple interest for 2 years
What is $240
400
This is created by an investment firm that raises money from the shareholders and invests it in a variety of stocks or other investments
What is a mutual fund
400
This type of business sells their products only over the internet
What is an E-Tailer
400
This type of leadership would be suitable in intense situations where decisions need to be made quickly
What is autocratic
500
These are the 4 factors of production
What are natural, human/labor, capital, entrepreneur
500
How much interest is earned if the balance is $1000 and the interest is 1%
What is $10
500
What is the capital gain if amber spent $52,500 in stocks and then sold the same stocks 2 years later and got $62,500
What is $10,000
500
This is a brief account of the key points contained in a business plan
What is the executive summary
500
Samantha's manger allows her to telecommute three days a week and set her own work schedule to meet her clients needs. Her manager has this type of management style