Finals Flashcards
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.
True (study it)
Conducting business transactions over the internet
E-commerce
It is more important for employees to practice ethical behavior than it is for managers to practice it.
False
In the us workforce , white collar workers are more important than blue collar workers.
False
Before starting the hiring process, human resources staff studies the work that must be done in the job.
Study this
The work Enviornment consists of both physical conditions and psychological atmosphere in which employees work.
True
Managers who involve employees in decision making find that better decisions are made, and employees are more likely to support those decisions.
True
Every manager gives the same amount of time and attention to each of the management functions.
False
All income that a business recieves over a period of time is called profit
False
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
False
1/2 a byte
Nibble
describes the financial plan for ongoing operations of the business for a specific period of time.
Operating budget
a letter expressing your interest in a specific job.
Cover letter
people born between 1946 and 1964.
Baby boomers
About what percentage do US buisness employ more than 100 workers?
Less than 1