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WorksheetsObjective 2.1
Total questions: 19
Worksheet time: 10mins
Define the word Opinions.
A view or judgment formed about something, not necessarily based on fact or knowledge.
A definite or clear expression of something in speech or writing.
A small domesticated carnivorous mammal with soft fur, a short snout, and retractile claws.
The study of the physical features of the earth and its atmosphere
Define the word Reliability.
A formal or written one, put forward for consideration or discussion by others.
A plan or suggestion.
The quality of being trustworthy or of performing consistently well.
Is a relation between objects in which one object designates
Define the word Proposal.
Designate or treat.
A formal or written one, put forward for consideration or discussion by others.
A reference to another text or part of a text.
Detailed examination of the elements or structure of something.
Define the word Bias.
Prejudice in favor of or against one thing, person, or group compared with another.
The first object in this relation is said to refer to the second object.
Typically as a basis for discussion or interpretation.
Someone's life written by someone else.
Define the word Biography.
A person.
An account of someone's life written by someone else.
Typically as a basis for discussion or interpretation.
The purpose of inferring proportions in a whole from those in a representative sample.
Define the word Analysis.
Detailed examination of the elements or structure of something.
Something comes or can be obtained.
Designate or treat.
Talking.
Define the word Statistics.
The practice or science of collecting and analyzing numerical data in large quantities.
A single distinct meaningful element of speech or writing.
A space on either side when written or printed.
A graph
Define the word Source.
A object.
To rank in order of importance.
A place, person, or thing from which something comes or can be obtained.
To arrange or do in order of priority.
Define Production
The quantity, or amount, produced within a given time
Making a product or providing a service
Define Human Resources
The people involved in production
Resources provided by nature
Define Purchasing
The major ongoing activities of a business
The buying of goods and services for a business
Define Batch Production
Producing items in specific amounts, or batches. It is often used to meet specific or short-term market needs
Producing one item at a time or items in small quantities
Define Sales
When manufacturers give back a fixed amount of money
Items are offered at a lower price than normal
Buying the resources needed for production
Presented at the time of purchase to get money
taken off the purchase price is?
Rebates
Intermittent Production
Discount Coupons
Define Economic System
The organized way in which a country handles its economic decisions and solves its economic problems
An economic system in which people produce only what they must have in order to exist; all economic decisions are based on habit and tradition.
Define Communism
A command economic system in which the government controls the economic system and does not allow private ownership of the means of production and distribution
A modified command economic system in which government owns the basic means of production and allows private ownership of businesses as well
Define Net Profit
The money received by resource owners and by producers for supplying goods and services to customers
shows how well the business performs under its normal trading circumstances.
Define Retain Risks
a risk that cannot be avoided but can be controlled.
Self-insurance against business loss. The business must set aside money each month to help cover the costs should a loss occur.
Define Fidelity bonds
A government-regulated program government-regulated program that provides medical benefits and income to employees who are injured on the job.
Protect companies from employee theft
