Blake Terry

question 1. (p. 45) Money management refers to day-to-day financial activities necessary to manage personal economic resources. True or False? answer TRUE question 2. (p. 45) Money management refers to annual financial activities necessary to manage personal economic resources. True or False? answer FALSE Money management refers to day-to-day financial activities. question 3. (p. 47) […]

question Entrepreneurial education answer -has become extremely popular. -universities are not able to meet the demand. -more courses are being offered in entrepreneurship. ALL OF THE ABOVE question Dirk wants to be in control. He’s tired of taking orders from others and wants to feel a sense of accountability for the outcome of his work. […]

question Components of Formal and Informal Proposals answer *Copy of RFP (optional) *Letter of Transmittal *Abstract or summary *Title Page *Table of Contents *List of Figures *Introduction *Background, Problem, Purpose *Schedule *Staffing *Budget *Authorization *Appendix question Preparing Proposals: Introduction answer *Explain why the proposal is being made *Develop a persuasive “hook” such as a)extraordinary results […]

question Important Elements of Initial Team Construction answer Commitment and Preparation question Active listening answer 1) Receive 2) interpret 3)check 4) Repeat 1-3 question Elements of Commitment answer 1) Open-minded 2) Involve all personality types question Myers-Brigg Personality Types answer Extroverts/Introverts, Agreeable, Conscientious, Emotionally Stable, Open to New Experiences question Task Roles answer Give/Seek information, […]

question Planning Different Career Paths answer The purpose of planning is to help deal with uncertainty, both for the organization and for your individual career. In this chapter, we discuss planning from an organizational point of view, but of course you also need to do personal planning for a career. Today, experts say, success requires […]

question Great Railroad Strike of 1877 answer Nationwide strike, 1000s of rr workers & labor allies, protested growing power of rr corps. & steep wage cute imposed by rr managers amid a severe eco depression, began in 1873. question Management revolution answer International management structure adopted by + large, complex corps., distinguished top executives from […]

question Switzerland exports cheese and chocolate because one of its factor endowments is lots of rich agricultural land. answer False question Porter’s diamond can be used to explain the importance of the environment and natural resources. answer True question Porter’s diamond model suggests that Switzerland should not be competitively successful answer False question Porter suggests […]

question Business Change answer The concept of business change refers to transitioning individual employees, working teams, functions or the whole business to a new state of operation. question Key words for business change answer growth, innovation, redundancy, outsourcing, relocation, diversification and competition. question Percentage of Market Share answer Percentage of market share represents the percentage […]

question Rob agrees to act as an agent for Diane in selling her car. Diane has a duty of loyalty to Rob. answer False question Dwayne agrees to serve as Walker’s agent in booking spots for Walker’s portable basketball game. Dwayne asks Walker for pictures and size specifications of the game so he can provide […]

question One says, “Later I will practice ethics. Now, things like copying homework are little and hurts no one.” answer He who is faithful in a very little thing is faithful also in much; and he who is unrighteous in a very little thing is unrighteous also in much. Luke 16:10 question Balla: “We are […]

question Business Requirements answer refers to a capability that a solution must provide (such as the capability to conduct online transactions) or a condition that it must meet (such as compliance with a set of regulations). question Functional requirements answer denote externally visible behavior that a system must be able to perform and include features […]

question Which of the following is not a purpose for a business report? a. to convey information b. to answer questions c. to increase production d. to solve problems answer C question Which of the following reports is an example of an informational report? a. a report that tries to convince the board of directors […]

question All the business forms listed below have limited liability EXCEPT the answer general partnership question An organization that does not pay income tax on its profits but passes them through to its owners who pay the tax at their individual rates is called a answer flow-through tax entity question Alan, a dentist, and his […]

question Describe Systems Thinking. answer A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part. question When thinking about a washing machine as a system, which of the following represents the inputs? answer The dirty clothes, water, and detergent. question […]

question Great Columbian / Biological Exchange answer Exchange of plants and animals between the New World and Europe following the discovery of America in 1492. question Christopher Columbus answer Italian explorer, sailed from Spain in 1492 and reached Americas, greatly increased European awareness of the North American Continent question Bartolomeo de las Casas answer 16th […]

question integrated waste management answer the use of several options for the handling of solid wastes; includes recycling, waste reduction, composting, landfulling, and others question intrinsic value answer an idea that things are valuable, without dollar value, just for their own being question keystone species answer an organism that is absolutely necessary for the survival […]

question As an incentive for customers to pay their accounts promptly, a business may offer its customers…. answer a sales discount question If goods in transit are shipped FOB shipping point answer the buyer has legal title to the goods until they are delivered question The term FOB denotes answer free on board question The […]

question One external user of accounting information with a financial interest in a business is answer an investor. question Which of the following is a satisfactory statement of the accounting equation? answer Assets = Liabilities + Stockholders’ Equity question Which of the following is a measure of liquidity? answer Working capital question Which of the […]

question Sustainable income is equal to net income. True/False answer False question Which amount is calculated when net income is adjusted for irregular items? A. Sustainable income B. Comprehensive income C. Quality income D. Accrual income answer A. Sustainable income question Sustainable income differs from net income because of which of the following items? A. […]

question -Expanding a company’s geographic coverage, creating a more cost-efficient operation out of the combined companies, and/or extending the company’s business into new product categories. answer 1) Mergers and Acquisitions typically aim at achieving such objectives as: question -Involves abandoning efforts to beat out competitors in existing markets and, instead, inventing a new industry or […]

question Which type of economic system was favored by small business owners? answer free market question Which factor most greatly limited union growth at the end of the 19th century? answer hostility of business towards unions question Which of the following can be said about labor movements by the end of the 19th century? answer […]

question Attaining sexual pleasure through sexual activity with prepubescent children is referred to as answer pedophilia. question Prostitution is illegal in all states except Nevada where licensed and highly regulated brothels can operate as business enterprises in answer rural counties question According to the theory of social harm, immoral acts can be distinguished from crimes […]