WorksheetsBADM Final Study Guide
Total questions: 27
Worksheet time: 17mins
List two methods that are commonly used techniques for streamlining a business's production?
It is the use of quality principle in all aspects of a company's production and operation
Lean Manufacturing and Just in time production
It is whether or not your making or purchasing the product. It is to help with your resource planning.
Routing technique that uses simple icons to usually represent the flow of material and inform from suppliers to customers.
Gantt Charts and Critical Path Method
Define total quality management
Gantt Charts and Critical Path Method
Routing technique that uses simple icons to usually represent the flow of material and inform from suppliers to customers
It is whether or not your making or purchasing the product. It is to help with your resource planning.
Lean Manufacturing and Just in time production
It is the use of quality principle in all aspects of a company's production and operation
What is the make or buy decision?
It is whether or not your making or purchasing the product. It is to help with your resource planning.
Gantt Charts and Critical Path Method
Lean Manufacturing and Just in time production
Routing technique that uses simple icons to usually represent the flow of material and inform from suppliers to customers.
It is the use of quality principle in all aspects of a company's production and operation
What is value stream mapping?
It is whether or not your making or purchasing the product. It is to help with your resource planning.
Gantt Charts and Critical Path Method
It is the use of quality principle in all aspects of a company's production and operation
Routing technique that uses simple icons to usually represent the flow of material and inform from suppliers to customers.
Lean Manufacturing and Just in time production
What are two common methods used for scheduling production?
Gantt Charts
Routing Technique
Critical Path Method
Lean Manufactoring
Just In time production
What is the accounting equation?
Assets + Liability = Owner's Equity
Liability - Owner's Equity = Assets
Owner's Equity + Assets= Liability
Assets - Liability = Owner's Equity
What are the three types of long-term debt financing?
Term Loan, Mortgage Loan, Bonds
Term Loan, Bonds, Venture Capital
Venture Capital, Primary Stock Market Loan
Market Loan, Mortgage Loan, Bond
What are the sources of Equity financing?
Primary Stock Market
Term Loan
Mortgage Loan
Bonds
Venture Capital
What are the major categories of consumer products?
Unsought Products
Convenience Products
Shopping Products
Buying Products
Consumer Products
LAN is....
a network that connects computers from different areas to connect and share through satellites
Enterprise portals
A local area network that shares only raw data
A local area network that lets people at one site share
A local area network that doesn't let people share
What is the balance sheet?
Summarizes a firms financial positions at a specific time.
It is a summary of the money flowing into and out of a firms during a certain period usually a uear
This summarizes the firms revenue; expenses and total profit or loss over a period
Analyze transactions, record transactions in journal post to make ledgers prepare and trial balance prepare financial statements and analyze reports.
What is the statement of cash flow?
It is a summary of the money flowing into and out of a firm during a certain period usually weekly
It is a summary of the money flowing into and out of a firm during a certain period usually 5 years
It is a summary of the money flowing into and out of a firm during a certain period usually a year.
it is a summary of the money flowing into and out of a firm during one month.
What may be some advantages of debt financing over equity financing?
Debt has a stated maturity
Requires repayment of principal by a certain date
Equity stockholders have voting rights.
Interest is a a tax- deductible expense.
Equity is a form of permanent financing that places few restrictions.
What may be some advantages of equity financing over debt financing?
Debt has a stated maturity
Equity stockholders have voting rights
Requires repayment of principal by a certain date
Equity is a form of permanent financing that places few restrictions
Interest is a tax- deductible expense.
How does the risk- return trade-off relate to the financial managers main goal
It helps them decrease their financial decisions
It helps them increase their financial decisions
It doesn’t show the potential risk and return it relates because they have to consider all risk in their financial decisions
It shows the potential risk and return it relates because they have to consider all risk in their financial decisions
What is the income statement?
This summarizes the firm’s revenues; expenses and total profit or loss over a period
It’s a summary of the money flowing into and out of a firms during a certain period usually a month
It’s a summary of the money flowing into and out of a firms during a certain period usually a year
This summarized the firm’s revenues; expenses and total profit or loss over a month
What is the accounting cycle?
Analyzes a firms financial positions at a specific time.
Ananlyze transactions,records transactions in journal; analyze reports only monthly
ananlyze transactions,records transactions in journal; analyze reports
Analyzes only money reports
What are at least three types of wide area networks?
Internet
Enterprise Portals
VPN
Extra Nets
Ethernet
What does the statement "Today most of us are knowledge workers" mean?
(a)
Distinguish between data and information.
(a)
What are clients?
The clients give or take from all severs in a company.
The clients give or take from the main servers
The clients give or take from second servers
The clients only take from main servers
What is a server and clients
Severs aren't the top source of networks.
Clients are buyers or users of the server.
Servers are the main top source for networks .
Clients are sellers to the server.
What is demographic?
Age
Education
Gender
All of the above
What is psychographic?
Personality
Gender
Values
Age
Education
What are the two major categories of business products?
Capital Products
Expense items
Consumer Products
Seller items
What is included in a distribution strategy?
It is where and how to sell it
Physical Location
The consumer that is getting the distribution
Attributes
What is included in a promotional mix?
Social Media
Economic
Lifestyle
Physical location
