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Economic Systems
Consumer Protection Agencies
Leadership
Payroll
Misc.
100
An economic system in which the government owns major industries (like railroad systems, steel, and iron), but allows for private ownership of other businesses.
What is socialism?
100
Enforces laws against fraud by mail; Exxon complaints from individuals; helps consumers recover money; provides information on common mail fraud scheme
What is US Postal Service?
100
The process of planning, organizing, directing, and controlling
What is management?
100
A list of employees and the payments due to each one for a specific pay period
What is payroll?
100
The amount of time over which an employee is paid; such as weekly, biweekly (every two weeks), semimonthly (twice a month), or monthly pay periods.
What is pay period?
200
Measure of how well people in an area live
What is standard of living?
200
Sets and maintains purity and safety standards for foods, drugs, and cosmetics; researches contents new health and drug products; inspects food and health aide plants; ensures accurate labeling; removes unsafe products from the market
What is FOOD AND DRUG ADMINISTRATION?
200
Style of management in there is one who gives direct, clear and precise orders and makes decisions
What is autocratic?
200
The total amount of money an employee earns in a pay period
What is gross pay?
200
Identification badge with a magnetic strip that contains employee information used to record starting and ending work hours.
What is electronic badge reader?
300
Businesses that change raw goods into a more finished form for manufacturers to process further.
What is processor?
300
Sells a variety of items at reasonable or low prices; often are nationwide stores; practical displays and not always very organized; some service is available
What is mass merchandisers?
300
A printed plan of what is supposed to happen at a meeting delivered prior to the meeting.
What is an agenda?
300
reduces the amount of income tax to be withheld. The greater the number of these claimed by a taxpayer, the lower the amount of income tax withheld from earnings.
What is allowances?
300
The beliefs and principles you consider important, correct, and desirable; the ideals in life that are important to you; principles by which a person lives
What is values?
400
A general increase in the cost of goods and services
What is inflation?
400
The amount of goods or services consumers are willing and able to buy.
What is demand?
400
Have more structure - ex. board meeting.
What is a formal meeting?
400
An employee's withholding allowance certificate that shows the number of allowances claimed for federal and state income taxes.
What is W-4?
400
An economy in which the government makes ALL decisions concerning the three important economic questions
What is communism?
500
Peak of economic activity
What is prosperity?
500
The price at which the amount supplied and the amount demanded come together.
What is Equilibrium Price?
500
Regular observation of an employee with follow-up on ways to improve performance.
What is mantoring?
500
Is an amount paid to an employee based on a percentage of the employee’s sales.
What is commission?
500
Obey laws, vote, pay taxes
What are responsibilities of citizens?