Accounting & finance
An employee would like to set aside some money for the future. The employee would like to contribute modest amounts monthly to a federally insured account, yet have access to funds in case of an emergency. Which of the following options would be most appropriate for the employee?
A regular savings account
This security measure includes the use of digital signatures
Authentication
A student career organization that sponsors the Workplace Skills Assessment Program
BPA (Business Professionals of America)
This marketing strategy involves offering products at lower prices to increase market share
Market penetration (used by businesses entering competitive markets or expanding customer base quickly)
Globalization, the availability of inexpensive labor, and advances in telecommunications technology have led most directly to this
outsourcing
What is the main function of the Federal Reserve System?
They control the money supply and sets interest rates to influence the economy. Reason why house prices are high...
A business institutes a program that includes steps to protect the public from exposure to hazardous substances through handling, education, and awareness. This is an example of...
Social responsibility
What's the proper posture when touch keyboarding
Back straight and feet in front
Primary purpose of market segmentation?
To identify different customer needs and tailor marketing efforts.
In computer programming, a loop function is used to
a repeat a set of instructions
Financial Statement that provides a snapshot of a company's financial position at a specific point in time?
Balance Sheet (Assets = Liabilities + Equity)
When a company reaches the point where the total revenue equals total costs, resulting in either profit or less. This is called what?
Break-even point
In SWOT analysis, what does the T stand for?
Threats ....strengths, weaknesses, Opportunities
Several doctors would like to set up a medical practice together and organize their business so that they are shielded from one another's liabilities associated with malpractice. What legal structures would be the most appropriate organization for this group?
Professional Corporation
This is when a company's production cost decrease as it increases output due to the more use of resources, larger production volumes, and the spread of fixed costs
Economies of scale
What is capital budgeting?
The process of deciding how to allocate resources for long term investment projects (ex: equipment, building, or new projects)
The main purpose of financial ratios in business analysis
To evaluate the company's financial performance and health. They provide insights like profitability, liquidity, efficiency and solvency.
This instructional approaches is likely to be most effective in preparing students for employment interviews
Role-playing
An electronics store that introduces its new line of televisions at a high price for early adapters and then lowers the price over time is using which pricing policies?
price skimming
TRUE OR FALSE: With an LLCs owners are personally liable for business obligations such as debts and lawsuits.
FALSE
What does CAGR stand for in financial analysis?
Compound Annual Growth Rate = measures the average annual growth rate of an investment over a specified period of time longer than 1 year
This kind of financing allows businesses to raise capital without giving up equity or ownership
Debt financing - they agree to pay the loan with interest overtime
A local computer network for communication between computers; connects computers and devices within a limited area, like a home, office, or building using Ethernet or Wi-Fi to share resources
LAN
Under this model, you have the right to operate under the brand's name and use their proven business model in exchange for royalties and fees
Franchise business model
Person E agrees to sell her rowboat to Person F for $250. Person E later learns that Person F is a minor. What kind of contract is this?
Voidable contract