Introduction to Business DSST – Flashcards
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absolute advantage
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A monopoly on producing a product at a lesser price.
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absolute liability
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Responsibility of a producer of any harm that is caused by s product (regardless if it was foreseeable).
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accountability
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Accepting consequences of actions.
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accounting
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The occupation of maintaining and auditing records and preparing financial reports for a business and the interpretation thereof.
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accounting system
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Computer program for accounting.
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accounts payable
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Bills due as part of a normal course of a business.
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accounts receivable
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Debts owed to a business.
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accrual-based accounting
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Business accounting, assuming accounts payable.
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accumulated depreciation
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Reduces the accounting value of assets.
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acquisition costs
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Incremental costs involved in a new customer.
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activity based costing
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An accounting framework based on determining the cost of activities and allocating these costs to products using activity rates.
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actuaries
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Mathematicians predicting future losses based on history.
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adaptive firm
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Ability to respond to and address changes in their market, environment, and history.
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adventure capital
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Money needed at the earliest stages of the creation before a product or service is available.
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advertising
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Paid communication in selling a product.
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affirmative action
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Favored employment for minorities.
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agency shop agreement
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Employee must pay union dues.
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agent
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One who negotiates, purchases, an/or sells, but no title to goods.
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alternative dispute resolution
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Resolving disputes through mediation and arbitration.
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American Federation of Labor (AFL)
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A national organization of labor unions founded in 1886 by Samuel Gompers.
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analytics
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Process of making decisions based on evidence.
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area of job freedom
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area of discretion over job
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arbitrator
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A neutral third party chosen to judge and decide a disputed issue.
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articles of incorporation
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Legal document with name and address of corporation and purpose of company.
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artificial intelligence
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Computers mimicking human thought.
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asset turnover
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Sales divided by total assets.
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assets
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Property owned by a business.
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assimilation
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Minority members must learn ways of majority.
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assumed similarity
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The assumption that others are like oneself.
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at-risk pay
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Pay not received if employee does not meet targets.
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attitude
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A frame of mind that predisposes a reaction. (three components: thoughts, feelings, behavior)
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attribution theory
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The theory that we explain someone's behavior by crediting either the situation or the person's disposition.
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attribution
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Judgments on behavior.
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attrition
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Gradual and natural reductions.
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augmented skills
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Skills helpful to expatriate managers.
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authoritarianism
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Power and status exist in an organization.
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authority
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The right to tell people what to do.
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authorization card
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Statement signed by employee empowering union to negotiate on their behalf.
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autonomy
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Degree to which a job gives freedom, independence, scheduling and procedures.
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balance of payments
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Difference of value in exports/imports.
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balance sheet
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Reports financial position at specific date.
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baseline information
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Existing operation levels used to compare.
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bases of power
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Sources of power leaders use (personal, legitimate, expert, reward, and coercive)
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back end
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Development section of website.
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benchmarking
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Measures products/services/practices against competitors.
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blog
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Online journal.
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blue chip stocks
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High quality company stock.
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boiled frog phenomenon
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Small changes that are unnoticed.
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bond
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Indebtedness contract issued by a corporation or government that promises future payment.
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boundary spanners
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Employees with strong communication skills within and outside their group.
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bounded rationality
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People only have time to process a certain amount of information.
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brainstorming
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Group encouraging creative and quick thinking without judgment or evaluation of ideas.
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brand
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A name, term, sign, symbol, design, or a combination of these that identifies the products or services of one seller or group of sellers and differentiates them from those of competitors
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brand equity
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Benefit a brand name brings.
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breach of contract
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Failing to follow the terms of a contract.
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break-even analysis
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A method of determining what sales volume must be reached before total revenue equals total costs.
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break-even point
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How many sales must occur to reach the point when revenues equaling expenditures.
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broker
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Go-between for buyer and seller.
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brokerage firm
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Organization that buys and sells securities.
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bundling
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Marketing two or more items in a single package.
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bureaucratic control
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Control based on rules and hierarchy.
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bureaucratic organization
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Classical management of authority, records, and separation of management and ownership.
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burden rate
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Sum of employer costs over and above salaries.
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business
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Profit seeking by providing goods/services.
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business law
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Legal code that governs business.
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business mission
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Brief description of an organization's purpose.
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business plan
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Written document explaining a venture (nature of business, market, advantages, and resources).
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buy-sell agreement
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Agreement where one or more of the of the entrepreneurs wants to sell their interest.
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buying on margin
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Buying stocks with borrowed broker money.
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C Corporation
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Classic legal entity of a business, shields personal liability and provides non-tax benefits.
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cafeteria-style fringe benefits
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Allows employers to choose benefits they want up to a certain amount of money.
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call provision
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Gives bond owner right to retire before maturity.
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cannibalization
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Sales of a new product or service decrease sales from existing products or services.
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capital assets
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Long-term assets (e.g. equipment)
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capital budget
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Long-term spending plan for returns that are expected to cover more than one year.
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capital expenditure
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Spending on capital assets.
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capital input
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Money being invested into business (not loans).
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capitalism
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Economic system where businesses are private.
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cash-and-carry
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Wholesaler services mostly smaller retailers with limited products, sell for cash.
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cash
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Bank account balance and other liquid assets.
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cash basis
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Accounting system that records only cash receipts and spending, no assumption of sales credit.
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cash flow
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Difference between cash receipts and disbursements.
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cash flow budget
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Cash flow during a specified period.
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cash flow statement
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Shows actual cash inflow and outflow over period; one of three main financial statements.
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central driving forces (CDF) model
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Entrepreneurial-based model model that considers positives/negatives of three areas of the venture; founders, opportunities, and resources.
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centralization
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Authority in a central location.
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centralized network
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Team communication where team members communication through a spokesperson.
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certainty
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Degree that all outcomes are known.
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certificate of deposit (CD)
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Notes issued by a bank that earns a set amount of interest; cannot be withdrawn before maturity date without incurring penalty.
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certification
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Process of NLRB recognizing union.
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certified public accountant (CPA)
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Accountant that passes a series of exams in order to practice accounting for public.
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channels of distribution
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Middlemen that transport goods.
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charismatic leader
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Leader with ability to motivate.
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click-through rate
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Divides number of users who clicked an ad by the number of times the ad was delivered. Measures success of an online advertising campaign.
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closed-shop agreement
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Employees have to be members of a union before hired.
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co-branding
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Pairing of two brand names on single item/service.
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coinsurance clause
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Requires businesses to carry insurance equal to a certain percent of the buildings actual value.
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collection days
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Average number of days between invoicing and payment.
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collective bargaining
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Union and business agreements.
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commercial and consumer finance companies
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Organizations that offer short-term loans at higher interest rates.
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commercial bank
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Profit-making organization that takes deposits and loans money for interest making profit.
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commercial paper
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Short-term corporate IOU.
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commission
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Percent paid to salesperson for sale of product.
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commodity exchange
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Exchanges specific goods.
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common law
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Unwritten body of law based on judge decisions.
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common market
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Regional country group with no tariffs.
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common stock
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Basic ownership in a company.
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communist system
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Economic system of resource allocation government control.
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comparable worth
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Like jobs and skills like pay.
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comparative advantage theory
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Countries should buy from places that can produce a product/service more efficiently and focus on what they can do more efficiently.
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competition-oriented pricing
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Pricing based on competitors.
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competitive advantage
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Aspects of a product that makes it better than competitors.
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competitive entry wedges
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Strategic reasons to pursue an idea, four wedges: new product, parallel competition, franchise entry or twists.
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completed store transactions
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Total number of transactions on a website.
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compressed workweek
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Working more hours in a day (10), but less days a week (4).
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computer-aided design (CAD)
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Computer use to help design products.
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computer-aided manufacturing (CAM)
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Computer help with the manufacturing of products.
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computer-aided engineering
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Computer use to help design robots, machine tools, and other items.
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computer hardware
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All tangible equipment that stores data.
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computer software
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Instructions for computer.
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concentrated target marketing
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Marketing that focuses on key target market segment.
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conceptual skills
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Ability to see organization with big picture.
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conglomerate merger
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Joining of unrelated firms.
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Congress of Industrial Organization (CIO)
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Unskilled worker union who broke away from AFL in 1935 (rejoined 1955).
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consideration
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Something of value in a legal contract.
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consumerism
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Social movement to increase rights of consumers.
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consumer price index (CPI)
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Monthly statistic measuring change in price of about 400 commonly brought goods.
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containerization
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Process of packing and sealing number of items into easily moved unit.
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contingency planning
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Preparing for alternatives actions.
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contract
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Legal agreement.
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contract law
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Laws that pertain to legal agreements.
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contractual distribution system
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Binding of members to cooperate with contract.
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conversion rate
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Percent of unique visitors on a website that take a desired action (e.g., purchase a product).
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convertible bond
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Bond that can be converted into stock.
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cooperative
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Organization owned by the members/customers who pay annual members ship and share profits.
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copyright
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Exclusive rights to intellectual material.
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core marketing strategy
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Reason to buy to a target market.
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corporate distribution system
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One firm owns all companies in a distribution system.
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corporate philanthropy
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Public good that firm is involved in.
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corporate policy
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Positions corporations the both within the company and within society.
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corporate responsibility
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Social responsibilities of a corporation (e.g. fair employment, minimize pollution)
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corporation
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Two types (S or C); C is large and S is small and entity is separate from owners.
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corridor principal
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Entrepreneurial venture may find it has changed focus from initial concept by continually responding and adapting to market.
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cost of goods sold (COGS)
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Costs of material and production of goods a business sells.
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cost of sales
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Costs associated with producing sales.
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cost-push inflation
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Inflation caused by rising firm costs.
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countertrading
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Bartering among countries.
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craft union
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Labor organization skilled in a trade.
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credit unions
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Nonprofit member-owned banks.
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criminal loss protection
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Insurance against theft.
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critical path
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Longest path
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cross elasticity of demand
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Change in the demand of one product impacts the demand of another.
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cumulative preferred stock
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Preferred stock accumulating unpaid dividends.
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currency
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Coin and paper money....
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cyclical unemployment
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Unemployment caused by recession....
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damages
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Monetary settlement for a court case....
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data
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Unanalyzed facts and figures.
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data mining
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Process of discovering meaningful data or patterns in a large data set.
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debenture bonds
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Unsecured bond.
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debt and equity
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Sum of liabilities and capital.
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debt capital
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Funds raised through loans and bonds.
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debtor nation
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Country that owes more money to a nation than nation owes to them.
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decentralization
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Structure in which power is dispersed.
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decertification
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When workers take away a union's right to represent.
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decision-making model of leadership
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Leadership style to match results with one of five leadership options.
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decision support system (DSS)
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Computer program that helps with decision making process.
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decision tree
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Graphical decision of decision-making.
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decruitment
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Techniques for reducing labor supply within organization.
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deductible clause
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Insurance company will only pay after a certain of money is met by the insured.
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delegation
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Transferring authority to lower tiers in an organization.
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Delphi decision group
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Questionnaires used and group members do not meet in person.
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demand
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Quantity of products that public is willing to but at different times at different prices.
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demand curve
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Graph of demand of product for price.
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demand deposit
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Checking account.
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demand-oriented pricing
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Pricing based on demand.
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demand-pull inflation
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Increasing price based on demand.
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democratic leader
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A leader that delegates and encourages participation, relies on expert and referent power to manage.
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demographic segmentation
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Divides market into like traits.
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departmentalization
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Basis of which groups are divided into departments in an organization.
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depreciation
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Estimation of the loss of value in assets over time.
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depression
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Severe recession.
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deregulation
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Removing laws that oversee organizations.
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dialectic decision model (DOM)
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Examining two or more proposals by subgroups for whole-group decision (debate).
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differentiated target marketing
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Pursuing different market segments typically with different strategies.
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differentiation
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Creating competitive advantage.
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direct marketing
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Supplying product/service without intermediaries.
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directing
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Guiding and motivating others to achieve goals.
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directory
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Disk storage space divided into categories.
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disabled individual
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Physical or mental impairment, record of the impairment, and is regarded as having the impairment.
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discharge
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Separation of employee from company for a clause.
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discipline
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Punishment or the orderly behavior in an organization or training that molds or strengthens.
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discount bonds
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Bonds selling below face value.
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discount rate
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Interest rate that Federal Reserve Bank charges other banks for loans.
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discretionary income
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Income that can be used for things other than essentials.
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disposable income
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Income after taxes available for essentials.
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discrimination
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Biased treatment based on criteria not relevant.
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disparate treatment
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Protected class has a different evaluation system than a non-protected class.
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distinctive competency
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Competitive advantage.
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distress
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Harmful stress characterized by feelings of inadequacy.
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diversification
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New offerings or introduction of new markets.
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divestiture
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Opposite of investment; selling.
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division of work
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Levels of authority and functional units.
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dividends
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Money divided into owners of business for profit.
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Doing Business As (DBA)
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Fictitious name to establish legal ownership of a company.
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double-loop learning
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Using current information about change to better prepare employees for future changes.
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Dow Jones Industrial Averages
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Average cost of 30 industrial stocks.
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downsizing
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Planned elimination of jobs.
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drop shippers
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Wholesalers that solicit orders from retailers and other wholesalers and have the merchandise shipped directly from a producer to a buyer.
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dual distribution
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Distributing products/services via more than one marketing channel that may compete for target market.
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dumping
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Selling products for less than production costs to a foreign country.
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e-business
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Running an entire business online.
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early majority
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Individuals who buy new technology after proven performance.
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earnings
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Income.
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ecological control
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Altering environment to influence others.
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economics
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Study of how society produces and distributes goods and services.
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economies of scale
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Benefits of larger production, fixed costs spread over more volume and items are cheaper to make.
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effective demand
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Buyers have willingness and means to buy.
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effective tax rate
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Percent of taxes on profits after all deduction, credits, etc. are taken.
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electronic monitoring
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Technological surveillance of behavior.
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electronic funds transfer system (EFTS)
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Allows banks to transfer funds among accounts quickly and accurately without the exchange of checks.
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embargo
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Complete ban on import or export.
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employee assistance programs (EAP)
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Company sponsored programs that deliver a variety of health-related services, which are provided by licensed professional or organizations and offer employees a high degree of confidentiality.
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employee involvement groups
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Group of employees that meet in an attempt to resolve problems.
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employee ownership
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Program where employees provide capital to purchase control over an operation.
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employee stock ownership plan (ESOP)
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Plans where employees can buy ownership in a company.
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employment at will principle
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The right of an employer an employee without reason.
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empowerment
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Delegation of power to subordinates.
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enacted values
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Values exhibited by employees.
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encounter phase
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Employees come to terms with expectations and what organization is really like.
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enriched sociotechnical work system
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Most of organization is built into a balanced human-technical system.
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enterprise resource planning (ERP)
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Integration of financial, manufacturing, and human resources on a single system.
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entrepreneur
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Individual who starts a new business.
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entrepreneur in heat (EIH)
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Entrepreneur who develops new products and services beyond what venture can support.
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environmental scanning
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Assessing outside environment and what effects it may have on the organization.
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equal employment opportunity (EEO)
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Treatment of individuals is fair.
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Equal Pay Act of 1963
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An amendment to the Fair Labor Standards Act, this act requires equal pay for men and women doing equal work.
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equilibrium point
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Point where supply and demand are equal.
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equity
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Business ownership.
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equity capital
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Funds raised from selling ownership.
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equity financing
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Sales of ownership to gain additional capital.
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escalating commitment
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Continuing to invest time and resources in a failing decision.
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espoused values
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Values and norms preferred by organization.
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ethical dilemma
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Situation where all choices are undesirable.
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ethical imperative
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Belief that participation is needed in decisions for moral reasons.
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ethical leadership
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Leadership based on moral integrity (e.g. social responsibility, open communication, and cost-benefit)
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ethics
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Moral values.
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ethnocentrism
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Belief that one culture is better than the other.
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ethnorelativism
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Belief that culture groups are equal.
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eustress
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Good stress that motivates someone to do better.
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exchange rate
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Value of one currency in relation to another.
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exclusive distribution
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Producer sells its products or services in only one retail outlet in a specific geographical area.
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expatriates
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Persons who live in one country and are employed by an organization based in another country; also called international assignees.
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expense
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Costs incurred in business operation (e.g. rent).
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expert power
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Power that comes from knowledge.
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expert system
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Decision support system storing heuristics about decisions and data.
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experiential learning
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Learning by experience in training environment the kinds of problems faced on the job.
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explicit knowledge
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Information that is easily put into words.
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export trading companies
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Companies who match buyers and sellers from different countries.
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exporting
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Selling goods to different countries.
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express warranties
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Specific guarantee by seller.
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external factors
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Environmental characteristics that influence.
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external locus of control
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Person's belief that outcomes are beyond their control (e.g. fate).
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external organizational environment
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Factors that exist outside the organization that impact it.
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extinction
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Eliminating behavior by ignoring or not reinforcing.
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extranet
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Company communications that gives access to organizations they do business with.
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extrinsic reward
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Reward given by another.
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fact premises
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Views based on research and experience.
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factoring
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Selling accounts for cash.
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factors of production
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Basic inputs of society (land resources, human labor, capital, entrepreneurship).
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failure rate
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Percentage of expatriates who are unsatisfactory.
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failure rule/common causes
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Entrepreneur failures are from inadequate sales, competitive weakness, excessive operating expenses, and uncollected receivables.
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failure rule exceptions
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High potential ventures, threshold concept, promise of growth, and venture capital backing.
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fair employment practices
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State and local laws governing equal employment opportunity.
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fast-track program
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Quick promotions to young managers with high potential.
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fatal 2% rule
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Concept that 2% of total market share is success.
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Features, Advantages, and Benefits analysis (FAB)
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Marketing plans tailor to features and benefits for selling a product.
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federal deficit
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Difference between federal spending/revenue.
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Federal Deposit Insurance Corporation (FDIC)
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Insuring individuals against bank failure at $100,000 per account.
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federal funds
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Short term loans among federal entities.
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federal funds rate
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Interest rate charged for overnight loans between Fed member banks.
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Federal Reserve System
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Twelve district banks that serve as a deposit for excess bank funds.
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Federal Savings and Loan Insurance Corporation (FSLIC)
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A federal corporation/independent government agency that insures accounts in savings and loans (S) for up to $100,000.
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feedback
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Objective information about performance.
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femininity
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Decision making that focuses on life-quality.
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fidelity bond
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Insurance protects employer from financial loss about employee dishonesty.
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field study
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Evaluation of real-life variables.
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FIFO
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Accounting technique for cost of inventory based in first in/first out.
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fighting brand strategy
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New brand in an established category.
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filtering
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Reducing communication to basics to be passed on.
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financial statements
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Includes income statement/balance sheet.
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first mover
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A firm that takes an initial competitive action in order to build or defend its competitive advantages or to improve its market position. Advantages include reputation effect, experience curve, and customer commitment and loyalty.
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first mover disadvantages
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Resolution of technological uncertainty, free-rider, resolution of strategic uncertainty and complementary assets.
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first-line managers
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Lowest level managers.
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fiscal policy
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Government efforts to stabilize economy.
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fishyback
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Shipping cargo-carrying part of the truck overseas to save on transportation.
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five forces model
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A method of evaluating the external environment in which a company operates. Involves assessing five forces that drive competition: threat of new entrants, threat of substitute products or services, bargaining power of buyers, bargaining power of suppliers, and rivalry among existing firms.
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fixed cost
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Costs paid over the course of years.
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fixed assets
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Longer than five-year term assets.
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fixed liabilities
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Debts longer than five years.
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flat structure
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Few hierarchies of power.
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flexible benefits
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Employees choose benefits: modular (needs of a specific group), core plus (essential benefits with a menu selection of options), and flexible spending (childcare and healthcare)
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flextime
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A plan that allows employees to set their own work schedules within a wide range of hours.
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float
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Days between check given and cashed.
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flexible manufacturing systems (FMS)
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Automated production centers (e.g. robotics).
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floating liabilities
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Debts that change in value (short-term).
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focus group
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Small group representing target audience to offer product insight.
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foreign subsidiary
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Company owned by a foreign company.
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form utility
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Changing raw materials to finished product.
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four P's of marketing
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Product, price, place, promotion.
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franchise
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A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area.
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free market system
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An economic system based on the idea that government should interfere with economic transactions as little as possible. Free enterprise and self-reliance are the collective and individual principles that underpin free markets.
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free rider
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Person that does less work in a team, but receives the same benefits.
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frictional unemployment
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People that have quit work and are looking for a job and are new entrants.
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fringe benefits
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Nonsalary compensation (e.g. sick leave)
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front end (websites)
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The user interface portion of a website.
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full-cost price strategies
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Variable and fixed cost in prices of product.
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full-service wholesalers
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A wholesaler produces all distribution functions.
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functional structure
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Grouping based on skills and experience.
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future value projection
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Projecting future value based on expected rates of return and inflation .
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futures markets
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Purchase and sales for delivery of future.
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gain sharing plans
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Programs that share the financial gains based on a formula that reflects productivity.
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Gantt chart
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Bar graph illustrating production.
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garbage can model
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Belief that decision making is sloppy.
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general adaptation syndrome (GAS)
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Stress cycle: alarm, resistance, and exhaustion.
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General Agreement on Tariffs and Trade (GATT)
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Twenty-three country agreement of mutual reduction in trade restrictions.
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general merchandise wholesaler
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Wholesaler carrying variety of merchandise.
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general partner
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Owner with unlimited liability; actively manages firm.
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generic goods
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Nonbranded products.
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geocentric organizations
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Ignore nationality when integrating community of interest.
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geographic segmentation
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Dividing market by location.
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glass ceiling
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Invisible barriers for minorities and women.
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global outsourcing
answer
Using foreign labor to save money.
question
global team
answer
Culturally diverse work team.
question
goal
answer
Desired future state.
question
goods producing sector
answer
Part of society making tangible goods.
question
goodwill
answer
Company buys another for a value above assets.
question
grand strategy
answer
Plan to achieve long term goals.
question
grapevine
answer
Informal communication channel (gossip).
question
gross margin
answer
The amount of money the retailer makes as a percentage of sales after the cost of goods sold is subtracted.
question
gross national product (GNP)
answer
The total value of all goods and services produced by a country.
question
group decision support system
answer
...
question
group life policy
answer
...
question
group support systems (GSS)
answer
...
question
groupthink
answer
...
question
growth need
answer
...
question
growth stocks
answer
...
question
guerrilla marketing investment strategy
answer
...
question
guerrilla marketing
answer
...
question
halo effect
answer
...
question
harvesting
answer
...
question
Hawthorne effect
answer
A change in a subject's behavior caused simply by the awareness of being studied.
question
Hay profile method
answer
...
question
hedging
answer
...
question
hero
answer
...
question
heuristics
answer
...
question
hidden agendas
answer
...
question
hierarchy culture
answer
...
question
hierarchy of needs theory
answer
...
question
high context culture
answer
...
question
higher-order needs
answer
...
question
homeostasis
answer
...
question
honesty tests
answer
...
question
horizontal communication
answer
...
question
horizontal communication
answer
...
question
horizontal merger
answer
...
question
host country
answer
...
question
host country nationals
answer
...
question
hostile takeover
answer
...
question
hot stove rule
answer
...
question
human capital
answer
...
question
human resource approach
answer
...
question
human skill
answer
...
question
humanistic perspective
answer
...
question
humility
answer
...
question
hygiene factors
answer
...
question
idea champion
answer
...
question
idea incubator
answer
...
question
illusory correlation
answer
...
question
immediate corrective action
answer
...
question
implementation
answer
...
question
implied warranties
answer
...
question
importing
answer
...
question
import quota
answer
...
question
imposter phenomenon
answer
...
question
impression management
answer
...
question
impressions
answer
...
question
incentives
answer
...
question
income statements
answer
...
question
indenture terms
answer
...
question
independent audit
answer
...
question
individualism approach
answer
...
question
individualization
answer
...
question
individualistic culture
answer
...
question
industrial democracy
answer
...
question
industrial unions
answer
...
question
inference
answer
...
question
inflation
answer
...
question
informal leaders
answer
...
question
informal organization
answer
...
question
information
answer
...
question
injunction
answer
...
question
in-group exchange
answer
...
question
initial public offering (IPO)
answer
...
question
innovators
answer
...
question
insider trading
answer
...
question
institutionalization
answer
...
question
instrumentality
answer
...
question
insurable risk
answer
...
question
insurance adjuster
answer
...
question
intelligence
answer
...
question
intensive distribution
answer
...
question
interactional justice
answer
...
question
interactive leadership
answer
...
question
interest
answer
...
question
interest expense
answer
...
question
intermittent reinforcement
answer
...
question
internal factors
answer
...
question
internal locus of control
answer
...
question
internal marketing
answer
...
question
international corporation
answer
...
question
international dimension
answer
...
question
international monetary fund
answer
...
question
interventions
answer
...
question
intranet
answer
...
question
intrapreneurship
answer
...
question
intrinsic reward
answer
...
question
intuition
answer
...
question
inventory financing
answer
...
question
inventory turnover
answer
...
question
ISO 9000
answer
...
question
ISO 14000
answer
...
question
ISO 19011
answer
...
question
jargon
answer
...
question
job analysis
answer
...
question
job breadth
answer
...
question
job characteristics model
answer
...
question
job classification system
answer
...
question
job content
answer
...
question
job context
answer
...
question
job description
answer
...
question
job depth
answer
...
question
job design
answer
...
question
job diagnostics survey
answer
...
question
job enlargement
answer
...
question
job enrichment
answer
...
question
job family
answer
...
question
job involvement
answer
...
question
job rotation
answer
...
question
job satisfaction
answer
...
question
job scope
answer
...
question
job simplification
answer
...
question
job specification
answer
...
question
joint venture
answer
...
question
journals
answer
...
question
journeyman
answer
...
question
judgmental heuristics
answer
...
question
justice approach
answer
...
question
just-in-time training
answer
...
question
just-in-time (JIT) inventory
answer
...
question
kaizen
answer
...
question
Knights of Labor
answer
...
question
knockoff brands
answer
...
question
knowledge management
answer
...
question
knowledge workers
answer
...
question
laggards
answer
...
question
laissez-fair style
answer
...
question
lateral communication
answer
...
question
law of diminishing returns
answer
...
question
law of effect
answer
...
question
law of large numbers
answer
...
question
law of individual differences
answer
...
question
layoff survivor's sickness
answer
...
question
leader-member exchange model
answer
...
question
leader-member relations
answer
...
question
leader-position power
answer
...
question
leadership
answer
...
question
leadership style
answer
...
question
learned helplessness
answer
...
question
learning capabilities
answer
...
question
learning organziation
answer
...
question
legal/political dimension
answer
...
question
legitimate power
answer
...
question
leveraged buy-out
answer
...
question
liabilities
answer
...
question
licensing
answer
...
question
life cycle
answer
...
question
life position
answer
...
question
LIFO
answer
...
question
limit order
answer
...
question
limited function wholesaler
answer
...
question
limited liability company (LLC)
answer
...
question
limited partner
answer
...
question
liquidity
answer
...
question
line authority
answer
...
question
line of credit
answer
...
question
linking pin
answer
...
question
listening
answer
...
question
local area networks (LAN)
answer
...
question
lockouts
answer
...
question
long-term assets
answer
...
question
long-term interest rates
answer
...
question
long-term orientation
answer
...
question
loss
answer
...
question
low context culture
answer
...
question
lower-order needs
answer
...
question
loyalty programs
answer
...
question
lump-sum merit program
answer
...
question
Machiavellianism
answer
...
question
macroeconomics
answer
...
question
macromotivation
answer
...
question
management
answer
...
question
management by objectives (MBO)
answer
...
question
management by walking around (MBWA)
answer
...
question
management information system
answer
...
question
managerial grid
answer
...
question
managing diversity
answer
...
question
market
answer
...
question
market culture
answer
...
question
market development funds (MDF)
answer
...
question
market sales potential
answer
...
question
market segmentation
answer
...
question
market share
answer
...
question
marketing
answer
...
question
masculinity
answer
...
question
materials
answer
...
question
matrix organization
answer
...
question
maturity date
answer
...
question
mechanistic organization
answer
...
question
mediation
answer
...
question
melting pot
answer
...
question
merger
answer
...
question
microeconomics
answer
...
question
micromotivation
answer
...
question
middle-management committees
answer
...
question
mission
answer
...
question
mixed economy
answer
...
question
monoculture
answer
...
question
monopolistic competition
answer
...
question
monopoly
answer
...
question
morale
answer
...
question
moral-rights approach
answer
...
question
moving weighted average
answer
...
question
motivating potential score (MPS)
answer
...
question
motivation
answer
...
question
motivational factors
answer
...
question
multinational organization
answer
...
question
mutual funds
answer
...
question
mutual insurance company
answer
...
question
mutuality of interest
answer
...
question
NASDAQ
answer
...
question
National Credit Union Administration
answer
...
question
national debt
answer
...
question
negotiation
answer
...
question
neighborhood of offices
answer
...
question
nepotism
answer
...
question
Net Present Value (NPV)
answer
...
question
net profit
answer
...
question
net worth
answer
...
question
network
answer
...
question
networking
answer
...
question
new visitors
answer
...
question
newsletter subscriptions
answer
...
question
niche market
answer
...
question
nominal group technique (NGT)
answer
...
question
nonperformance loss protection
answer
...
question
nonprogrammed decision
answer
...
question
nonrational models
answer
...
question
nonverbal communication
answer
...
question
norm
answer
...
question
normative commitment
answer
...
question
obligations incurred
answer
...
question
oligopoly
answer
...
question
ombudsman
answer
...
question
omnipotent view of management
answer
...
question
on-the-job training (OJT)
answer
...
question
onboarding
answer
...
question
open-book management
answer
...
question
open-door policy
answer
...
question
open-end questions
answer
...
question
open market operations
answer
...
question
open shop agreement
answer
...
question
open system
answer
...
question
operant behavior
answer
...
question
operating expenses
answer
...
question
organic organization
answer
...
question
organization
answer
...
question
organization analysis
answer
...
question
organization-based self-esteem
answer
...
question
organization chart
answer
...
question
organizational behavior
answer
...
question
organizational citizenship
answer
...
question
organizational commitment
answer
...
question
organizational control
answer
...
question
organizational development (OD)
answer
...
question
organizational learning curve for change
answer
...
question
organizational politics organizational socialization
answer
...
question
orientation
answer
...
question
out-group exchange
answer
...
question
outcomes
answer
...
question
output restriction
answer
...
question
outsourcing
answer
...
question
overparticipation
answer
...
question
paid-in-capital
answer
...
question
paradigms
answer
...
question
parent ego state
answer
...
question
parochialism
answer
...
question
partial reinforcement schedule
answer
...
question
participative counseling
answer
...
question
participative leaders
answer
...
question
participative management
answer
...
question
par value
answer
...
question
patent
answer
...
question
path-goal theory
answer
...
question
pay equity
answer
...
question
pay for performance
answer
...
question
payback period
answer
...
question
payment days
answer
...
question
payroll burden
answer
...
question
penetration pricing strategy
answer
...
question
penny stock
answer
...
question
pension funds
answer
...
question
perestroika
answer
...
question
perfect competition
answer
...
question
performance gap
answer
...
question
performance-satisfaction-effort loop
answer
...
question
performing
answer
...
question
personal barriers
answer
...
question
personal power
answer
...
question
personal selling
answer
...
question
personal wellness
answer
...
question
personality
answer
...
question
physical distribution
answer
...
question
physical withdrawal
answer
...
question
piecework
answer
...
question
piggyback
answer
...
question
place utility
answer
...
question
plant and equipment
answer
...
question
pledging
answer
...
question
Point of Purchase (POP) advertising
answer
...
question
point-counterpoint
answer
...
question
polarization
answer
...
question
political power
answer
...
question
Political, Economic, and Social Trends (PEST) analysis
answer
...
question
portfolio
answer
...
question
positioning
answer
...
question
possession utility
answer
...
question
preferred stock
answer
...
question
price elasticity of demand
answer
...
question
prime rate
answer
...
question
principal
answer
...
question
private brand
answer
...
question
privately owned
answer
...
question
pro forma income statement
answer
...
question
producer price index
answer
...
question
product
answer
...
question
product differentiation
answer
...
question
product life cycle
answer
...
question
product mix
answer
...
question
profit center
answer
...
question
profit sharing
answer
...
question
programmed conflict
answer
...
question
programmed decision
answer
...
question
progressive discipline
answer
...
question
promotional mix
answer
...
question
prospectus
answer
...
question
protective tariff
answer
...
question
proxemics
answer
...
question
psychographic segmentation
answer
...
question
psychological contract
answer
...
question
psychological distance
answer
...
question
publicly traded
answer
...
question
punishment
answer
...
question
push strategy
answer
...
question
quality circle
answer
...
question
quality control
answer
...
question
quality of life
answer
...
question
quantity of life
answer
...
question
questionable costs
answer
...
question
quick fixes
answer
...
question
rack jobber
answer
...
question
range of variation
answer
...
question
rate setting
answer
...
question
rational model
answer
...
question
reactive change
answer
...
question
readiness
answer
...
question
realistic job preview (RPJ)
answer
...
question
reasonable accommodation
answer
...
question
reasonable prudence
answer
...
question
recency error
answer
...
question
receivables
answer
...
question
recession
answer
...
question
reference group
answer
...
question
referent power
answer
...
question
refreezing
answer
...
question
reinforcement schedule
answer
...
question
reliability
answer
...
question
repatriation
answer
...
question
reserve requirement
answer
...
question
respondent behavior
answer
...
question
retained earnings
answer
...
question
retraining
answer
...
question
return on investment (ROI)
answer
...
question
return on sales
answer
...
question
reverse culture shock
answer
...
question
reverse discrimination
answer
...
question
rider
answer
...
question
right to work law
answer
...
question
rights of privacy
answer
...
question
risk propensity
answer
...
question
risky shift
answer
...
question
round lot
answer
...
question
rule of indemnity
answer
...
question
S Corporation (S Corp)
answer
...
question
sabbatical leave
answer
...
question
safety needs
answer
...
question
sales forecast
answer
...
question
savings and loans association
answer
...
question
sample survey
answer
...
question
sanctions
answer
...
question
scenario technique
answer
...
question
satisficing
answer
...
question
scenario technique
answer
...
question
schema
answer
...
question
scrambled merchandising
answer
...
question
secondary needs
answer
...
question
secondary boycott
answer
...
question
secondary outcomes
answer
...
question
secured bonds
answer
...
question
secured loan
answer
...
question
seed capital
answer
...
question
selective distribution
answer
...
question
selective perception
answer
...
question
self-actualization
answer
...
question
self-appraisal
answer
...
question
self-concept
answer
...
question
self-efficacy
answer
...
question
self-fulfilling prophecy
answer
...
question
self-management teams
answer
...
question
self-monitoring
answer
...
question
self-serving bias
answer
...
question
semantic barriers
answer
...
question
sense of choice
answer
...
question
sense of competence
answer
...
question
sense of meaningfulness
answer
...
question
sense of progress
answer
...
question
servant leader
answer
...
question
service corps of retired executives (SCORE)
answer
...
question
sexual harassment
answer
...
question
shaping
answer
...
question
shareholders
answer
...
question
shopping agents
answer
...
question
short-term liabilities
answer
...
question
single-loop learning
answer
...
question
sinking fund
answer
...
question
situation analysis
answer
...
question
situational theories
answer
...
question
skill-based pay
answer
...
question
skill inventories
answer
...
question
skimming pricing strategy
answer
...
question
skunkworks
answer
...
question
slotting allowances
answer
...
question
social audit
answer
...
question
social capital
answer
...
question
social cues
answer
...
question
social desirability bias
answer
...
question
social equilibrium
answer
...
question
social facilitation
answer
...
question
social forces
answer
...
question
social information processing
answer
...
question
social leader
answer
...
question
social learning theory
answer
...
question
social loafing
answer
...
question
social responsibility
answer
...
question
sociocultural dimension
answer
...
question
socioeconomic model of decision making
answer
...
question
socioemotional role
answer
...
question
sole proprietorship
answer
...
question
stagflation
answer
...
question
stock market
answer
...
question
span of management
answer
...
question
spillover effect
answer
...
question
spot bonus
answer
...
question
spot market
answer
...
question
staff authority
answer
...
question
stages of team development
answer
...
question
stagflation
answer
...
question
standard hour plan
answer
...
question
status
answer
...
question
status anxiety
answer
...
question
status deprivation
answer
...
question
status symbols
answer
...
question
step review system
answer
...
question
stereotyping
answer
...
question
stockbroker
answer
...
question
stock insurance company
answer
...
question
stock splits
answer
...
question
storming
answer
...
question
straight commission plan
answer
...
question
straight piecework
answer
...
question
strategic constituency
answer
...
question
strategic plans
answer
...
question
stress
answer
...
question
stress-performance model
answer
...
question
stress threshold
answer
...
question
stressors
answer
...
question
strict liability
answer
...
question
strikebreakers
answer
...
question
stroking
answer
...
question
structure
answer
...
question
structural unemployment
answer
...
question
subfranchising agreement
answer
...
question
subordinate appraisal
answer
...
question
substitutes for leadership
answer
...
question
succession planning
answer
...
question
sunk cost
answer
...
question
superleadership
answer
...
question
superordinate goal
answer
...
question
superregional bank
answer
...
question
supply curve
answer
...
question
supply-side economics
answer
...
question
supportive approach to OB
answer
...
question
supportive model
answer
...
question
surety bond
answer
...
question
surface acting
answer
...
question
surface agenda
answer
...
question
surplus or deficit
answer
...
question
switching costs
answer
...
question
SWOT analysis
answer
...
question
synergy
answer
...
question
symbolic view of management
answer
...
question
tacit knowledge
answer
...
question
tactical planning
answer
...
question
tall structure
answer
...
question
target market
answer
...
question
task analysis
answer
...
question
task conflict
answer
...
question
task environment
answer
...
question
task identity
answer
...
question
taxes incurred
answer
...
question
team
answer
...
question
team incentive plan
answer
...
question
telecommuting (telework)
answer
...
question
tender offer
answer
...
question
Theory X
answer
...
question
Theory Y
answer
...
question
Theory Z
answer
...
question
thrift institution
answer
...
question
time deposit
answer
...
question
time utility
answer
...
question
tort
answer
...
question
total quality management
answer
...
question
trade margin
answer
...
question
trademark
answer
...
question
trading up
answer
...
question
trading down
answer
...
question
traffic
answer
...
question
training multiplier effect
answer
...
question
trait
answer
...
question
transactional leader
answer
...
question
transfer
answer
...
question
transfer of training
answer
...
question
transformational leader
answer
...
question
triple-reward system
answer
...
question
truck jobber
answer
...
question
tunnel vision
answer
...
question
turnover
answer
...
question
two-factor model of motivation
answer
...
question
two-way communication process
answer
...
question
Type A personality
answer
...
question
Type B personality
answer
...
question
unfair labor practices (ULPs)
answer
...
question
unfreezing
answer
...
question
Uniform Commercial Code
answer
...
question
union
answer
...
question
union security clause
answer
...
question
union shop agreement
answer
...
question
uninsurable risk
answer
...
question
unit variable cost
answer
...
question
units break even
answer
...
question
unlimited liability
answer
...
question
unsecured loan
answer
...
question
user interface (UI)
answer
...
question
user registrations
answer
...
question
variance
answer
...
question
venture capital
answer
...
question
variable cost
answer
...
question
vertical merger
answer
Two firms in two different stages of related business join.
question
volume segmentation
answer
Divide market into user categories (heavy, medium, light, none)
question
voluntary bankruptcy
answer
Bankruptcy filed by the debtor.
question
website
answer
Virtual location on the internet.
question
website traffic
answer
Number of visitors in a website.
question
whistle blowing
answer
The disclosure by an employee of illegal, immoral, or illegitimate practices by the organization.
question
wholesaler
answer
Someone who buys large quantities of goods and resells to merchants rather than to the ultimate customers.
question
work permit
answer
Government document authorizing employment of foreign individual.
question
workforce utilization analysis
answer
Classifying protected-class workers by the number and types of jobs.
question
working capital
answer
Accessible resources for daily operations.
question
World Bank
answer
United Nations agency providing loans to leser developed countries from more developed ones.
question
xenophobia
answer
Fear or rejection of what is strange or foreign.
question
yellow dog contract
answer
Contracts some employers forced workers to sign that made the workers promise not to join a union. (Outlawed by Norris-La Guardia act)