Random Case Knowledge
Adriana
or Adriana Cortez
What type of legal business organization is PU?
Non-profit organization
or
Not-for-profit business
is the sum of income received by a business from its trading activities
What is revenue?
is the function of business that deals with comments, complaints, and criticisms from the general public. They are often tasked to deal with media.
What is Public Relations?
(Firm’s sales revenue ÷ Industry’s sales revenue) × 100
is the calculation for.....
How is market share calculated?
What kind of catastrophic accident occurred in Sept. 2021?
Explosion at nearly chemical plant
What type of leadership style is being displayed by Jim?
Autocratic
are a type of financial aid for businesses, paid as a lump sum from a government or foundation. As a form of financial assistance, there is no interest charged nor does it need to be repaid. It is offered to certain businesses to support their operations by cutting costs of production.
What are grants?
If a business were to include triple bottom line reporting it would include these items:
Social, Economic, and Ecological sustainability efforts
(Total Fixed Costs + Total Variable Costs) / (# of units produced)
is the calculation for
Average cost per unit
The staff needs further IT training to facilitate more online instruction. Likely what type of training would this refer to?
On-the-job training
a decline in economic activity, leading to lower employment and falling business and consumer confidence levels.
What is a recession?
is a detailed financial plan for the future, usually involving the expected costs and revenues or a cash flow forecast, for a pre-determined period of time.
What is a budget?
There is falling interest in history and international languages. If the university stops offering those classes, on which financial statement (s) would you see the impact? And why
P&L account - Revenue - less revenue from students who enrolled
COGS - less direct payments to instructors who taught those classes
Expenses - less overhead payments if the classes are cut - such as faculty benefits and retirements
Cash Flow Statement- affects revenue payments (tuition) and outflows of salary payments
How do you calculate net profit before interest and tax (NPBIT)?
Where Gross profit = Total Revenue - COGS
The Faculty of IT have produced a __________ that uses AI to enable improvements in the detection of contamination.
Prototype
occurs when an organization no longer has a job for the employer or when the employer can no longer afford to hire the employee, i.e. the job ceases to exist.
What is redundancy?
What are expenses?
The president needs to improve moral after redundancies have occurred. They mention that in the short term, they want to "revisit its employment contracts". Likely what would this likely mean for existing employees....
Improved salary & financial rewards.
Price – Average Variable Cost
calculates the......
Contribution per unit
The university is receiving funding / financial support for research from for-profit businesses in this industry.
Pharmaceuticals
refers to the amount of people who leave an organization, expressed as a percentage of the workforce, per time period (usually one year).
What is labor turnover?
the difference between cash inflows and cash outflows for a period
How do you calculate Net Cash Flow?
Many facilities are underused outside of term time....this would refer to a ________ _________ issue.
Capacity Utilization
How do you calculate working capital? Also referred to as Net Current Assets
Current assets – Current liabilities