Lesly Ford

question Ethics answer accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization question Business Ethics answer accepted principles of right or wrong governingg the conduct of businesspeople question Ethical Strategy answer a course of action that does not violate a […]

question Who led the American Federation of Labor as it became the largest organizer of workers in the United States? answer Samuel Gompers question The Great Uprising of 1877 was a general strike against the nation’s answer railway companies question based on one of the chapter online lectures, Eastman lost most of his patents for […]

question public policy answer Laws and government programs designed to improve current conditions question public affairs answer those events and issues that concern the people at large question trade association answer nonprofit organization that promotes the interests of a particular industry question labor union answer an organization of workers that tries to improve working conditions, […]

question Organization answer A systematic arrangement of people brought together to accomplish some specific purpose question Non managerial employees answer People who work directly on a job or task and have no responsibility for overseeing the work of others question Managers answer Individuals in an organization who direct the activities of others question Top managers […]

question The _____ began as early Roman firefighters and eventually became the first civil police fore designed to protect citizen. answer Vigiles question In the letter part of the ninth century, King Alfred the Great of England and King Cnute II of Denmark devised the ______, a form of community self protection. answer frankpledge or […]

question There are two categories of variable costs ________. a. interest and taxes paid b. cost of goods sold and other variable costs c. gross costs and net variable costs d. net variable costs and cost of goods sold answer b. cost of goods sold and other variable costs question Total Revenue divided by________ = […]

question market structure answer the environ. of a firm whose characteristics influence the firms pricking and output decisions question perfect competition answer a theory of market structure based on 4 assumptions: 1. more sellers than buyers 2. sellers and homogenous good 3. buyers and sellers have all relevant info. 4. entry into or exit from […]

question Which of the following would most likely occur during the expansionary phase of the business cycle? answer Demand-pull inflation question A college graduate using the summer following graduation to search for a job would best be classified as: answer a part of frictional unemployment. question Assume that Kyle is temporarily unemployed because he has […]

question Process of choosing which needs and wants will be satisfied answer Economic decision making question Individuals and organizations that determine what products and services will be available for sale. answer Producers question The method a country uses to answer the three economic questions answer Economic system question Things available to be used to produce […]

question First distinguished corporate groups from other forms of social organization. answer Weber question Defined an organization as “a system of consciously coordinated activities or forces of two or more persons.” answer Barnard question Describes organizations as “social units deliberately constructed and reconstructed to seek specific goals.” answer Etzioni question Organizational goals are: answer Complex, […]

question Blog answer A feature of a web site where a writer posts messages to which members of a user community are invited to comment. question Customer-Service Ethic answer An organization wide commitment, shared by everyone from top management to operational staff, that client relations and client satisfaction are the most important aspects of a […]

question When the terms of a sale are FOB destination, legal title to the goods passes to the buyer when they reach the buyer’s place of business. answer True question Merchandising firms usually classify their inventory into raw materials, work in process and finished goods. answer False question Under FIFO, cost of goods sold consists […]

question Clearhousing answer entity that recieves transmission of insurance claims, separates the claims, and sends one electronically to the correct insurance payer question 2 weeks or less answer Insurance claims transmitted electronically are usuallu paid in? question accounts receivable answer the most important function of a practice management system question Password answer a combination of […]

question Deductions or losses are not allowed for tax purposes unless the statute answer specifically provides for them (approves them) question Three general categories of Deductions answer 1- Expenses incurred in connection with TRADE or BUSINESS 2- Expenses incurred by an individual in connection with the PRODUCTION OF INCOME 3- Other types of expenses; interest […]

question Ethics answer Rule or standards governing the conduct of a person or group question Transparency answer Degree to which affected parties can observe relevant aspects of transactions or decisions question Insider trading answer Use of unpublicized info that an individual gains from the course of his/her job to benefit from fluctuations in stock market […]

question BUSINESS PRESSURE answer The business environment is the combination of social, legal, economic, physical, and political factors that affect business activities. Significant changes in any of these factor are likely to create business pressure on the organization. * The three types of business pressures faced are: market, technology, and societal pressures. question TYPES OF […]

question Not all cash a company generates will be returned to the investors. Which of the following will not reduce the amount of capital returned to the investors? A. retained earnings B. taxes C. dividends D. none of these will reduce the amount of capital returned to the investors. answer C. dividends question the sub […]

question Which pf the following is an advantage of installing a client/server network in a business? answer Centralization of network security protection question Why are P2P networks not usually installed in businesses? answer Security is stronger on client/server networks question To manage connections outside networks, which server would a client/server network include? answer communications question […]

question Teams are at the core of ________ management, which is the effort to involve employees in the company’s decision-making process. A) autocratic B) participative C) top-down D) personnel E) laissez-faire answer B) participative question Teams can increase performance levels by ________. A) pooling experience B) discouraging consensus C) encouraging groupthink D) duplicating effort E) […]

question One of the disadvantages of using a decentralized ad department is the: answer lack of ad uniformity across divisions -departments often concentrate on their own budgets, problems and promotions rather than the good of the whole company question One of the worst sins in an ad agency is a missed deadline. Which department within […]

question largely systematic ups and downs of real gdp answer Business cycle question Rise and fall of real GDP over time in a nonsystematic manner. answer Business Fluctuation question period in which real GDP declines consecutively for 2 quarters (6 months) answer Recession question when expansion ends, point where real GDP stops going up answer […]

question Business answer The organized effort of individuals to produce and sell, for a profit, the goods and services that satisy society’s needs. General term business refers to all efforts within a society (I.E. American Business). A business refers to a particular organization (I.E. McDonald’s). question Three activities of a successful business answer Be organized, […]