101 Flashcards

1
Q

Recruits qualified employees

A

Personal administrator

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2
Q

Forecasts consumer income

A

Economist

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3
Q

“Fixed” claims on earnings

A

Preferred stock

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4
Q

Works in advertising department

A

Commercial artist

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5
Q

Corporate owner

A

Stockholder

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6
Q

Forecast population

A

statistician

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7
Q

Facility is buying and selling

A

Stock exchange

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8
Q

Studies consumer motivation

A

Behaviorist

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9
Q

Channels shares to investors

A

Stockbroker

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10
Q

Evidence of ownership

A

Stock certificate

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11
Q

A corporation is established by a what law?

A

State

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12
Q

Students can find copies of articles of incorporation for new businesses in prominent what?

A

Newspapers

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13
Q

Like individuals, corporations have a certain legal?

A

Rights

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14
Q

The primary legal document of a corporation is the?

A

Charter

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15
Q

Financial management is the daily management of a firms?

A

Cash resources

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16
Q

On the earnings of a business, government has a?

A

“Prior claim”

17
Q

Earnings pay to stockholders are called?

A

Dividends

18
Q

Owners have a residual claim on?

A

Earnings

19
Q

The performance of required functions become more specialized as business organizations become more?

A

Complex

20
Q

The only business form that encourages contribution of large amounts of capital is the what form?

A

Corporate

21
Q

False

A

Only 24