Finals Flashcards

0
Q

Economists working for corporations forecast the size of markets, changes in consumer demand, and changes in sales and costs the businesses are likely to face.

A

True (study it)

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1
Q

Conducting business transactions over the internet

A

E-commerce

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2
Q

It is more important for employees to practice ethical behavior than it is for managers to practice it.

A

False

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3
Q

In the us workforce , white collar workers are more important than blue collar workers.

A

False

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4
Q

Before starting the hiring process, human resources staff studies the work that must be done in the job.

A

Study this

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5
Q

The work Enviornment consists of both physical conditions and psychological atmosphere in which employees work.

A

True

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6
Q

Managers who involve employees in decision making find that better decisions are made, and employees are more likely to support those decisions.

A

True

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7
Q

Every manager gives the same amount of time and attention to each of the management functions.

A

False

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8
Q

All income that a business recieves over a period of time is called profit

A

False

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9
Q

An operations budget will determine if a business has adequate financial resources on hand to pay bills as they become due or if it will need to borrow money

A

False

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10
Q

1/2 a byte

A

Nibble

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11
Q

describes the financial plan for ongoing operations of the business for a specific period of time.

A

Operating budget

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12
Q

a letter expressing your interest in a specific job.

A

Cover letter

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13
Q

people born between 1946 and 1964.

A

Baby boomers

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14
Q

About what percentage do US buisness employ more than 100 workers?

A

Less than 1

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15
Q

A retailer is an example of an

A

Producer