question

set of beliefs good or bad right or wrong

answer

ethics

question

what are individual ethics influenced by?

answer

who you are as a person and organization and day to day decision making

question

A formal written document that defines the ethical standards of an organization and gives employees information thing to make ethical decisions across a range of situation

answer

code of ethics

question

employees that report there employers illegal or unethical behavior to the media or authority

answer

whistle blowers

question

refers to the harmful amount of greenhouse goes that firm and women's about its operations both directly and indirectly

answer

carbon footprint

question

The obligation of a business to contribute to society

answer

social responsibility

question

any groups that have stake or personal interest in the performance and all the actions of the organization

answer

stakeholders

question

Business contribution to the community throughout the action of business itself rather than donations of money or time

answer

corporate responsibility

question

A systematic evaluation on how well a firm is meeting ethics and social responsibility goals

answer

social audit

question

passed by the federal like installation in 2002 that set higher ethical standards for public corporations and accounting firms key provisions limit conflict of interest and require financial all posters and CEOs to certify the validity of their financial statement

answer

Sarbanes oxely act

question

effective communication typically defined in terms of physical, language, body language, culture, perceptual and organization barriers

answer

communication barriers

question

types of communication barriers

answer

language perception cultural body organizational physical

question

examples of physical barriers

answer

A document that looks like a wall of type, to a room that's freezing, cold two chairs in your office that

question

any interference that causes messy message you sent to be different from message your audience understand

answer

noise

question

The goal of nonverbal communication

answer

Communications that don't use words gestures posture or facial

question

various ways a message could be send

answer

communication channels

question

sentence construction in which the subject performs action expressed by the verb

answer

active voice

question

common types of bias in business communications

answer

age, gender, race, ethnicity, and nationality

question

vibrant compelling presentation delivery style that grabs one holds attention of audience

answer

dynamic delivery

question

funds firm uses to accure it's assist and finance its operations

answer

financial capital

question

functional area of business that is concerned with finding best scores and for financial capital

answer

line of credit

question

spontaneous forms printed by sellers when they deliver goods and services to customers without requiring immediate payment

answer

trade credit

question

short term promise note issued by large companies

answer

commercial paper

question

sources of long-term financing include

answer

Direct investment from owners, long term debit, convenant, retained earnings, term loans, corporate grounds

question

mix up equity and debit financing a firm uses to meet permanent financing needs

answer

capital structure

question

funds provided by owners of the company

answer

equity financing

question

list and describ the four factors of production required a friend economic system to drive to create wealth. Given example of each of your answers

answer

natural resources, factor include all inputs that offer value in natural state such as land, freshwater, wind, and mineral deposits. Capital, machines tools, building, information and technology things a business needs to provide service. Human resources cashier everyone who works with an economy physical intellectual creative contributing. entrepreneurship Donald Trump, people who take the risk launching in running old business was slow in response to profit incentives

question

what is the sole proprietorship? I dentify and explain to advantages and two disadvantages of sole proprietorship

answer

A form of business ownership with single owner actively manages company, advantage are you are your own boss and you make all the choices disadvantages are the amount of work/hours and

question

local offices affiliated with small business administration (SBA) that provide comprehensive management assistance to current and protective small business owners are known as

answer

small business development centers

question

The vast majority of an entrepreneur start up financing comes from

answer

personal resources

question

which of the following is an advantage of sole proprietorship

answer

retention of control

question

what are typically private firms that charge high interest rate, structurals to be repaid in months rather than years, and often collect payments daily or weekly to reduce Rose

answer

alternative lenders

question

what is a formal document that describes a business concept and outlines the core business objectives were detailing the strategies and timelines for achieving those objectives

answer

Business plan

question

what is a corporate restructuring in which one for buys another

answer

acquisition

question

what are wealthy individuals who invest in start up companies with high growth potential in exchange for share of ownership

answer

angel investors

question

what is the license arrangement under one play allows another party to use its name, trademark, patience, copyright, business methods, and other property in exchange for monetary payments and other considerations

answer

franchise

question

The three types of partnerships are

answer

General, limited and limited liability

question

what is in agency of the federal government designed to maintain and strengthen the nations economy by aiding, counseling, assisting, and protecting the interest of small businesses

answer

small business administration

question

A venture capital firm is interested in investing in a

answer

New company with potential for rapid growth

question

which of the following represents the basic ownership interest in a corporation

answer

common stock

question

small businesses are the major source of new jobs created by the US economy

answer

True

question

a benefit of buying an existing business is the relationship with customers, suppliers, vendors are already establish

answer

True

question

a corporation is the most common type of business in the United States

answer

false

question

General partnership is a voluntary partnership in which all partners can take an active role in managing the business and have a limited liability for any claims against the far

answer

True

question

S corporation cannot have more than 100 stockholders

answer

true

question

owners of soul proprietorship are personally responsible for any debts incurred by their business

answer

True

question

it is less risky for individuals who want to become small business owners to start their own business then to buy a existing

answer

false

question

A Corporation is a voluntary agreement 2 or more people act as co-owners of the business for profit

answer

False

question

A close corporation is also known as a not-for profit corporation

answer

false

question

once the form of ownership for a business is chosen by entrepreneurs it is not possible to convert to another form

answer

false

question

The failure rate of a franchise is significantly higher than the rate for starting business from scratch

answer

true

question

an entrepreneur is an individual willing to take the risk of owning and operating a business

answer

false

question

Business transactions that occurred on mine are examples of

answer

e-commerce

question

which of the following factors of production includes creative contributions of people that work with in an economy

answer

human resources

question

if the price of inputs rises, the supply of the product will

answer

decrease

question

in the business cycle a transition period of rising economic growth and increasing employment is a

answer

recovery

question

what is a market structure with just a single producer completely dominating the industry

answer

Monopoly

question

The consumer price index (CPI) measures the

answer

change in weighted average price over time

question

value in the relationship between the what of a good service and the benefit that is offers its consumers

answer

Price

question

as the number of politics sellers increase the product

answer

supply increases

question

A basic characteristic of what is that that both producer and consumer are free to make their own economical decision on many issues

answer

capitalism

question

when a consumer stop buying a product because he/she had a bad experience with it is an example

answer

change in consumer tastes and preferences

question

and economy is experiencing a hyperinflation when average prices of goods and services

answer

increase by more then 50% per month

question

what shows the relationship between price and quantity from a producer standpoint

answer

supply curve

question

communism is an economic and political system in which the government plays only a minor role in the operation of the economy

answer

False

question

demographics refers to the measurable characteristics of the population including traits such as age, education, and income level

answer

True

question

Capital,as a factor of production includes machines, tools, buildings, information, and not you

answer

True

question

market equilibrium identifies the price of which quantity supplied is equal to quantity demanded

answer

true

question

The four factors of production are natural resources, capital, money, and ownership

answer

false

question

substitute goods are to goods that can be used in place of another. An increase in the price of one of these goods will cause an increase in demand for the subsite good

answer

true

question

as the number of consumers in the market decreases, the demand for the product decreases

answer

true

question

entrepreneurs are primarily motivated by the desire to help out others

answer

false

question

profit is the money that a business earns in sales, minus expenses such as the cost of goods on the cost of salaries

answer

true

question

a typical supply curve shows that an increase in the price of a good will cause producers to decrease the quantity they supply

answer

false

question

demand refers to the quantity of products to consumers are willing to buy a different market prices

answer

true

question

an economy is said to be in abrecession when GDP decreases for two consecutive quarters

answer

true

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