Deca

Question 1

Utility

Answer 1

Utility is the value that a thing provides in reaching a goal. Form utility is the value added to a product by altering its appearance. Place utility is value added by translocating a product to another location. Time utility is value added by making a product available at the right time. Possession utility is value added by facilitating the sale or use of a product.

Question 2

Eurobond

Answer 2

A bond issued offshore

Question 3

None

Answer 3

Unlike static budgets, they’re updated at regular intervals. Therefore they improve forecasting and are more flexible in adapting to changes.

Question 4

What kinda fraud is undercharging your friends

Answer 4

Point of sale fraud

Question 5

Convergence

Answer 5

Interfaces between financial suppliers and demand for products

Question 6

Consumer relationship management

Answer 6

Clean and consis data is vital to interpreting it accurately. The steps for a CRM data cleanup is identification and separation of dirty (inaccurate or incomplete) data, ensuring that entries are formatted consistently, deduplicating entries, automating data entry and watching for CRM changes like updates.

Question 7

Determine government spending

Answer 7

Wages of military personnel plus equipment costs

Question 8

Ways migration affects marketing

Answer 8

Migration often leads to a more diverse population, meaning marketing must be tailored to multiple cultural groups. A more diverse population also brings new preferences for products. Companies can target groups based on migration patterns.

Question 9

How is Limited liability a characteristic of corporations

Answer 9

Owners Personal Assets Are protected from the company’s debts, so they Are only liable up to the amount of their Investment

Question 10

Estate tax

Answer 10

Estate tax is the tax on properties you transfer when you die. Estate tax deductions can reduce their taxable value. Transfering to a spouse is a deduction.

Question 11

Economic risk

Answer 11

Economic risks are the risks that an economic event will impact a business. A labour strike against an employee is an economic risk.

Question 12

Macros

Answer 12

Macros are a series of commands that can customise and automate tasks in a database

Data normalization involves organizing the fields and tables in a database to reduce redundancy.

Question 13

Invoice

Answer 13

A type of business record that a firm can use to track customer buying habits

Question 14

Liquidity

Answer 14

A financial ratio does a business use to identify trends about its ability to meet its short term debt obligations

Question 15

Actuaries

Answer 15

People who analyze costs of risks

Question 16

Job enlargement

Answer 16

Doing more than your job description says

Question 17

Why do stock prices fall when CPI rises

Answer 17

An increase in CPI means high inflation, and high inflation makes it more expensive for businesses to get loans for innovation, resulting in lower profits. Investors sells their shares in these companies to avoid losing money.

Question 18

Suffix tree

Answer 18

A data structure that stores all suffixes of a string. A drawback is that the take up a lot of space.

Question 19

Types of checks

Answer 19

Personal checks are used by individuals and drawn against money in their checking account. A certified check is a check that a bank guarantees, ensuring sufficient funds are available. A bank check is a check that the bank must pay for.