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Business Management II > Business Management Vocabulary D-F > Flashcards

Business Management Vocabulary D-F Flashcards

1
Q

a program such as Access includes both the database information and the tools to use it

A

Database management system

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2
Q

Brainstorming of ideas

A

Decision-making process

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3
Q

An established amount of money paid by a policyholder before an insurance provider will pay expenses

A

Deductible

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4
Q

Takeaways from mandatory contributions

A

Deductions

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5
Q

Sighting of a failing or deficiency, an imperfection

A

Defect Detection

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6
Q

Keeping a deficiency, an imperfection from occurring

A

Defect Prevention

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7
Q

Lowering of costs in economic hardship

A

Deflation

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8
Q

Manager shares the decision making with the employees

A

Democratic style

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9
Q

Free and equal participation in the decision making processes of a group or organization

A

Democratic

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10
Q

Breaks people into groups based on measurable statistics such as age or gender

A

Demographic segmentation

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11
Q

Any individual other than the taxpayer or spouse who a taxpayer may receive a dependency exemption for

A

Dependent

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12
Q

Add money into an account

A

Deposit

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13
Q

A severe downturn in the economy that is especially prolonged

A

Depression

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14
Q

The electronic transfer of a payment directly from the account of the employer to that of the employee

A

Direct Deposit

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15
Q

A type of insurance providing income protection to a beneficiary should the individual become unable to work due to illness or injury

A

Disability Insurance

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16
Q

Denial of opportunities to individuals on the basis of some characteristic

A

Discrimination

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17
Q

The act of consciously or unconsciously altering a fact or message

A

Distortion

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18
Q

Interferences with the message on both ends. These could be ringing phones, poor grammar and spelling, interruptions, etc.

A

Distraction

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19
Q

The action or process of physically moving and storing goods to reach end customers

A

Distribution

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20
Q

Amount of money being paid for the automobile at time of purchase

A

Down Payment

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21
Q

Goods that last for a relatively long period of time and are not for immediate consumption

A

Durable goods

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22
Q

messages sent using an electronic means from an author to one or more recipients

A

Email

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23
Q

A valued good or service in the economy

A

Economic goods

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24
Q

A sustained increase in the number of goods and services produced in an economy

A

Economic growth

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25
Q

Enticing behaviors to act on certain wants

A

Economic incentives

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26
Q

Labor provided in the economy

A

Economic services

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27
Q

The study of supply and demand, production and distribution

A

Economics

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28
Q

Reductions in unit cost that can be achieved through a higher volume of activity, such as; fixed costs that are spread out over a higher volume of sales

A

Economics of scale

29
Q

Producing and purchasing good and services

A

Economy

30
Q

The act or process of educating or being educated. The knowledge or skill obtained or developed by a learning process

A

Education

31
Q

Enable individuals to prepare for future success in the workplace

A

Education goals

32
Q

Facial expressions created

A

Emoticons

33
Q

How-to guide for conduct and responsibilities

A

Employee manual

34
Q

Activity that introduces employees to the organization

A

Employee Orientation

35
Q

Protocols workers of organizations should follow

A

Employee Procedures

36
Q

An individual’s entitlements within an organization

A

Employee rights

37
Q

Customers that are able to get more information and make better decisions about purchases and service

A

Empowered Consumer

38
Q

To engage a person or audience by providing amusing or interesting material

A

Entertain

39
Q

Owning a business or organization that you created/ built

A

Entrepreneurship

40
Q

Protecting the environment from damage

A

Environmental Protection

41
Q

The science of designing environments and products to match the individuals who use them

A

Ergonomics

42
Q

When an individual or group is committed to a course of action despite negative outcomes that indicate altering course would be the best decision

A

Escalation of Commitment

43
Q

Behavioral conduct that displays professionalism and moral righteousness

A

Ethical behavior

44
Q

The phase of the business cycle when the economy grows and there is an increase in the number of goods and services available

A

Expansion

45
Q

A fiscal policy used to encourage economic growth, often through increase spending or tax cuts

A

Expansionary policy

46
Q

All costs incurred in operating the business, such as the cost of materials used to manufacture the company’s products; the amount of money spent in order to buy or pay for goods or services

A

Expenses

47
Q

A look on somebody’s face, conveying a thought or feeling

A

Expression

48
Q

An applicant who does not already work within the organization

A

External candidate

49
Q

Market outside of the company

A

External markets

50
Q

Land, Labor, Production, entrepreneurship. Items used to create goods and services

A

Factors of production

51
Q

Facsimile machine: document sent over a telephone line

A

Fax

52
Q

Government insurance protection for deposits

A

FDIC

53
Q

A receiver’s response to a sender’s message

A

Feedback

54
Q

First in Last Out, what came in first will be the last to leave

A

First in Last Out, what came in first will be the last to leave

55
Q

Opportunities to purchase or sell

A

Finance options

56
Q

Objectives related to financial planning that are tied to specific goals

A

Financial goals

57
Q

Illustrates the trade-offs between risk and return for a number of saving and investing tools

A

Financial Risk Pyramid

58
Q

Private and public markets, item of value that is interchangeable that can improve an organization’s bottom line

A

Financial security

59
Q

Getting the money that is necessary to pay for the operation of a business and it also involves decisions about whether to offer credit to customers

A

Getting the money that is necessary to pay for the operation of a business and it also involves decisions about whether to offer credit to customers

60
Q

Introduction of a relationship (customer/ business) (business/ investor) (applicant/ employer)

A

First impression

61
Q

The use of federal government’s power to tax and spend to regulate the economic activity

A

Fiscal Policy

62
Q

A cost that remains unchanged such as; rent, salaries, insurance

A

Fixed costs

63
Q

An electronic message containing angry, abusive, threatening, or offensive content

A

Flame

64
Q

An organizational structure characterized by few or no levels of management

A

An organizational structure characterized by few or no levels of management

65
Q

Employment Eligibility Verification form. This form is for employers to verify the employee is able to work in the United States

A

Form I-9

66
Q

Employee’s Withholding Allowance Certificate. This form determines the percentage of gross pay to be withheld for taxes

A

Form W-4

67
Q

Standardized learning that is formalized through a diploma, certification or degree

A

Formal education

68
Q

An organization with structured rules and procedures described in writing

A

Formal organization

69
Q

A set of activities completed by a department within a larger organization, often characterized by specialty (e.g., finance, marketing, and engineering)

A

Function

Business Management II (6 decks)

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