Business Management Vocabulary A-C Flashcards

1
Q

Responsibility to someone for some activity

A

Accountability

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2
Q

Unpaid dues for goods and services

A

Accounts Payable

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3
Q

Outstanding debt to a company

A

Accounts Receivable

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4
Q

The development and placement of advertisements in paid locations for commercial products or services in order to draw attention to them.

A

Advertising

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5
Q

A list, plan, outline of things to be done

A

Agenda

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6
Q

Distribution of resources

A

Allocation

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7
Q

A claim for qualifying situations that reduces the amount of taxes an employer withholds from a taxpayer’s taxable income.

A

Allowance

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8
Q

The increase of an investment annually (yearly)

A

Annual Growth Rate

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9
Q

Measure of the cost of credit on a yearly basis expressed as a percentage

A

Annual Percentage Rate (APR)

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10
Q

A person that works for another in order to learn a trade

A

Apprentice

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11
Q

A group of people assembled to watch and listen to a show, concert, movie, or speech

A

Audience

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12
Q

Applicant shows skills by performing job duties

A

Audition Interview

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13
Q

The power or right to give orders or make decisions over another individual or group

A

Authority

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14
Q

A ruler who holds ultimate power or somebody who dominates others

A

Autocratic Style

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15
Q

A contract between a vehicle owner and the insurance company that provides coverage protecting the owner against financial loss in the event of a vehicle accident or theft.

A

Automobile Insurance

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16
Q

Borrowed money to purchase an automobile

A

Automobile Loan

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17
Q

A statement that displays the assets and liabilities of a company at a given date

A

Balance Sheet

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18
Q

A keyboard key used to delete characters when typing

A

Backspace

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19
Q

Industries providing the securing or borrowing of money

A

Banking Services

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20
Q

Issues that arise in communication between individuals or groups which prevent the receipt or comprehension of the message intended to be conveyed

A

Barriers to Communication

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21
Q

The addressee does not realize that the message is also being sent to a 3rd party whose e-mail address does not appear; also known as Blind Courtesy Copy

A

Blind Carbon Copy (BCC)

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22
Q

The distribution of people into
groups based on their knowledge, attitude, use, or response to a
product

A

Behavioral segmentation

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23
Q

A common way of formatting a business letter

A

Block Format

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24
Q

A bond is a promise to repay the principle along with

interest (coupons) on a specified date (maturity)

A

Bonds

25
Q

The identification of a product or company through its

name, design, symbol, or other features that distinguishes it from its competitors

A

Brand

26
Q

An estimate of income and expenditures for a specific

(usually future) period of time

A

Budget

27
Q

Financial planning with the purpose of managing

money

A

Budgeting

28
Q

Manager seeks employee input before they

make the final decision

A

Bureaucratic style

29
Q

A series of cycles, varying in length, in which
the economy expands or contracts based on broad measures of
economic activity as well as the gross domestic product

A

Business Cycle

30
Q

The display of manners and

professionalism

A

Business Etiquette

31
Q

A written document outlining a business’s future
goals, the strategies for achieving the goals, and the expected
timeframe

A

Business Plan

32
Q

Opportunity costs for an organization that can have a

negative impact on growth or profits

A

Business Risk

33
Q

Profitable business done in private

A

Capitalism

34
Q

Type of challenge-response test used in computing to ensure that the response is not generated by a computer

A

Captcha

35
Q

An individual’s occupation usually for a long period of time that progresses through various opportunities based on skills, knowledge, and experiences and may span a number of organizations

A

Career

36
Q

A document that portrays a company’s incoming

and outgoing cash

A

Cash Flow Statement

37
Q

The addressee realizes that the message is also being

sent to a 3rd party; (may also be referred to as Courtesy Copy

A

Carbon Copy

38
Q

Nerve damage to the hand that causes pain and discomfort

A

Carpal Tunnel Syndrome (CTS)

39
Q

The action or process of consolidating control of an

activity, process, or organization together, usually under a single authority

A

Centralization

40
Q

An account that pays interest on a lump sum of

money

A

Certificate of Deposit

41
Q

The order in which authority and power in an

organization is used and delegated from top management to every employee at every level of the organization

A

Chain of command

42
Q

The means by which a message is conveyed. Oral, written, and nonverbal are the three major channels of communication.

A

Channel of communication

43
Q

An asset that is accepted for a loan

A

Collateral assets

44
Q

To give or exchange information, e.g. by speech or writing

A

Communicate

45
Q

The exchange of information between people, e.g. by means of speaking, writing, or using a common system of signs or behavior; the sharing of information in which the receiver understands the meaning of the message the sender intended

A

Communication

46
Q

Public ownership with no options of private markets

A

Communism, mixed

47
Q

A review of staff, the company’s financial situation, its production capabilities and each aspect of the marketing mix (product, promotion, place, and pricing)

A

Company Analysis

48
Q

The amount of money paid to an employee for work performed, including salary and wages

A

Compensation

49
Q

Contest of goods and services provided by multiple organizations

A

Competition

50
Q

What are the company’s strengths and weaknesses when compared to its competitors

A

Competitive position

51
Q

Interest earning interest on interest

A

Compounding Interest

52
Q

Resolving an issues between parties

A

Conflict resolution

53
Q

Average price range for a good or services

A

Consumer Price Index

54
Q

Protection of buyers for products and services

A

Consumer regulations

55
Q

A fiscal policy used to reduce economic growth, often through decreased spending or higher taxes

A

Contractionary policy

56
Q

The processes or procedures that protect an organization through regulation, especially in regards to financial policies

A

Controlling

57
Q

A number that represents how well or bad you manage your credit

A

Credit score

58
Q

Who are the customers and what are their buying habits

A

Customer Analysis