Business final

legal agreement between two parties in which one party lends money to another party with the understanding that payment will be made at a later date is called:

• credit

• debit

• exclusion

• insurance

The process of hiring, training, and developing employees

• compensation

• management strategy

• human resources management

• personnel

The process of ending the relationship between an employer and an employee is called

Responses

• orientation

• appraisal

• promotion

• termination

How much interest is paid on a 3 year loan, with a $2000 principal and an interest rate of 5%?

Responses

• $25

• $200

• $3000

• $300

You just got out of school, and you are heading home.  While driving, you realize how hungry you are and you quickly pull into the Subway parking lot across from the school.  You have decided to go to Subway because of what type of influence?

• social influence

• psychological influence

• situational influence

group of workers united as a single body to protect and advance the rights and interests of its members is called a - 

Responses

• white collar workers

• labor union

• blue collar workers

All of these are examples of retirement plans EXCEPT

• 1099

• Roth IRA

• 403B

The process of setting financial goals and developing plans to reach them is called

• sales

• financial management

• revenue

A purchase that is made quickly with little thought is called:

• long term buying

• impulse buying

• rutina buying

This defines the position and expectations of a job

• interviewing

• job description

• recruitment