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WorksheetsEntrepreneurship Vocab
Total questions: 109
Worksheet time: 55mins
Name
Class
Date
1.
acquisition:
a)
borrowing money and not giving up ownership, comes with interest and strict rules
b)
analyzing a group of potential customers and collecting information on them
c)
An acquisition in which the management of the acquired company welcomes the firm's buyout by another company.
d)
The purchase of a company by another, larger firm, which absorbs the smaller company into its operations.
2.
board of directors:
a)
establishes minimum wage, overtime pay, record-keeping, and youth employment standards affecting employees
b)
a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.
c)
A group of individuals elected by a firm's shareholders and charged with overseeing, and taking legal responsibility for, the firm's actions.
d)
Business owned and usually operated by one person who is responsible for all of its debts.
3.
business plan:
a)
Specifies the duties and responsibilities of the franchisee and the franchiser.
b)
convert assets into cash or cash equivalents by selling them on the open market
c)
Document in which the entrepreneur summarizes her or his business strategy for the proposed new venture and how that strategy will be implemented.
d)
analyzing a group of potential customers and collecting information on them
4.
chief executive officer (CEO):
a)
a legal doctrine by which the sovereign or state cannot commit a legal wrong and is immune from civil suit or criminal prosecution
b)
A partner who is actively involved in managing the firm and has unlimited liability.
c)
An acquisition in which the management of the acquired company welcomes the firm's buyout by another company.
d)
The person responsible for the firm's overall performance.
5.
co-operative:
a)
a civil rights law that prohibits discrimination based on disability
b)
3. raw material needs
c)
An organization that is formed to benefit its owners in the form of reduced prices and/or the distribution of surpluses at year-end.
d)
C. $2,667.30
6.
common stock:
a)
Shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm.
b)
prohibits discrimination on the basis of disability in programs conducted by Federal agencies
c)
regular measurement of outcomes and results, which generates data on the effectiveness and efficiency of programs
d)
promoters who are third-parties to a business, like a partner or affiliate, rather than a company's personnels
7.
conglomerate merger:
a)
The relationship between shareholders, the board of directors, and other top managers in the corporation.
b)
A corporation that owns a subsidiary.
c)
A merger of two firms that have previously been direct competitors in the same industry.
d)
A merger of two firms in completely unrelated businesses.
8.
corporate governance:
a)
a person who represents a person or company in matters of business and who can make business decisions, agreements, etc., for them
b)
The relationship between shareholders, the board of directors, and other top managers in the corporation.
c)
analyzing a group of potential customers and collecting information on them
d)
necessary skills and affordability
9.
divestiture:
a)
cloud-based marketplace
b)
Occurs when a company sells part of its existing business operations to another company.
c)
the ability of a company to generate income with their investments
d)
long-term plans for a business
10.
employee stock ownership plan (ESOP):
a)
An enterprise that the owner operates part-time from the home while continuing regular employment elsewhere.
b)
when a corporation buys its own stock with loaned funds and giving them to its employees. Employees "earn'' the stock based on some condition such as seniority. Employees control the stock's voting rights immediately, even though they may not take physical possession of the stock until specified conditions are met. This aligns the employees' interest with those of the shareholders, as they are shareholders themselves.
c)
combining small companies into one large one
d)
An organization that is formed to benefit its owners in the form of reduced prices and/or the distribution of surpluses at year-end.
11.
entrepreneur:
a)
needs such as food, shelter
b)
cloud-based marketplace
c)
A business person who accepts both the risks and the opportunities involved in creating and operating a new business venture.
d)
analyzing a group of potential customers and collecting information on them
12.
franchise:
a)
when a corporation buys its own stock with loaned funds and giving them to its employees. Employees "earn'' the stock based on some condition such as seniority. Employees control the stock's voting rights immediately, even though they may not take physical possession of the stock until specified conditions are met. This aligns the employees' interest with those of the shareholders, as they are shareholders themselves.
b)
necessary skills and affordability
c)
a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract
d)
a form of business by which the owner (franchisor) of a product, service or method obtains distribution/marketing through affiliated dealers (franchisees). example: mcdonalds
13.
franchising agreement:
a)
Specifies the duties and responsibilities of the franchisee and the franchiser.
b)
borrowing money and not giving up ownership, comes with interest and strict rules
c)
Shares whose owners have first claim on the corporation's assets and profits but who usually have no voting rights in the firm.
d)
An enterprise in which two or more persons or companies temporarily join forces to undertake a particular project.
14.
friendly takeover:
a)
necessary skills and affordability
b)
An acquisition in which the management of the acquired company welcomes the firm's buyout by another company.
c)
A partner who is actively involved in managing the firm and has unlimited liability.
d)
Assets = Liabilities + Shareholders' Equity
15.
general partner:
a)
A partner who is actively involved in managing the firm and has unlimited liability.
b)
Selling shares of stock in a company for the first time to the general investing public.
c)
a type of contest where a prize or prizes may be awarded to a winner or winners. (kind of like a gamble)
d)
Business owned and usually operated by one person who is responsible for all of its debts.
16.
horizontal merger:
a)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
b)
a legal doctrine by which the sovereign or state cannot commit a legal wrong and is immune from civil suit or criminal prosecution
c)
A merger of two firms that have previously been direct competitors in the same industry.
d)
The relationship between shareholders, the board of directors, and other top managers in the corporation.
17.
hostile takeover:
a)
A merger of two firms in completely unrelated businesses.
b)
An acquisition in which the management of the acquired company fights the firm's buyout by another company.
c)
the credit extended to you by suppliers who let you buy now and pay later
d)
accountable, responsible, consultive, informed. it defines roles and responsibilities
18.
initial public offering (IPO):
a)
One that is owned by another corporation.
b)
convert assets into cash or cash equivalents by selling them on the open market
c)
a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.
d)
Selling shares of stock in a company for the first time to the general investing public.
19.
inside directors:
a)
establishes minimum wage, overtime pay, record-keeping, and youth employment standards affecting employees
b)
Members of a corporation's board of directors who are also full-time employees of the corporation.
c)
a panel that organizes and presents information in a way that is easy to read
d)
D. $2,824.20 - Correct
20.
limited liability:
a)
Investor liability is limited to their personal investments in the corporation; courts cannot touch the personal assets of investors in the event that the corporation goes bankrupt.
b)
C. $2,667.30
c)
A business whose stock is held by a small group of individuals and is not usually available for sale to the general public.
d)
liquid
21.
limited partner:
a)
A partner who generally does not participate actively in the business, and whose liability is limited to the amount invested in the partnership.
b)
borrowing money and not giving up ownership, comes with interest and strict rules
c)
a company's financial debt or obligations that arise during the course of its business operations
d)
A share of ownership in a corporation.
22.
merger:
a)
The union of two companies to form a single new business.
b)
a legal doctrine by which the sovereign or state cannot commit a legal wrong and is immune from civil suit or criminal prosecution
c)
needs such as food, shelter
d)
an act protecting rights of employees and employers, encouraging collective bargaining (negotiation of wages and other subjects by a group fo employees)
23.
microenterprise:
a)
wants such as entertainment or leisure
b)
a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.
c)
An enterprise that the owner operates part-time from the home while continuing regular employment elsewhere.
d)
One that is owned by another corporation.
24.
outside directors:
a)
a company that buys materials from other manufacturers to satisfy their own needs
b)
Members of a corporation's board of directors who are not also employees of the corporation on a day-to-day basis.
c)
A group of individuals elected by a firm's shareholders and charged with overseeing, and taking legal responsibility for, the firm's actions.
d)
A business whose stock is held by a small group of individuals and is not usually available for sale to the general public.
25.
parent corporation:
a)
regular measurement of outcomes and results, which generates data on the effectiveness and efficiency of programs
b)
A person who invests in a business is liable for all debts incurred by the business; personal possessions can be taken to pay debts.
c)
A corporation that owns a subsidiary.
d)
Specifies the duties and responsibilities of the franchisee and the franchiser.
26.
partnership:
a)
The action of overseeing and managing employees in the workplace. (low)
b)
establishes minimum wage, overtime pay, record-keeping, and youth employment standards affecting employees
c)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
d)
a partial refund to someone who has paid
27.
preferred stock:
a)
Shares whose owners have first claim on the corporation's assets and profits but who usually have no voting rights in the firm.
b)
the part of supply chain management that plans the flow and storage of goods/services between the point of origin and the point of consumption in order to meet customer's requirements
c)
A merger of two firms that have previously had a buyer—seller relationship.
d)
an act protecting rights of employees and employers, encouraging collective bargaining (negotiation of wages and other subjects by a group fo employees)
28.
private corporation:
a)
A business whose stock is held by a small group of individuals and is not usually available for sale to the general public.
b)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
c)
prohibits discrimination on the basis of disability in programs conducted by Federal agencies
d)
Selling shares of stock in a company for the first time to the general investing public.
29.
public corporation:
a)
A business whose stock is widely held and available for sale to the general public.
b)
The purchase of a company by another, larger firm, which absorbs the smaller company into its operations.
c)
A group of individuals elected by a firm's shareholders and charged with overseeing, and taking legal responsibility for, the firm's actions.
d)
a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area
30.
small business:
a)
a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area
b)
the ability of a company to generate income with their investments
c)
act of breaking the law or agreements in a contract
d)
An independently owned and managed business that does not dominate its market.
31.
sole proprietorship:
a)
categories of assets: current and non-current, short-term and long-term, operating and capitalized, and tangible and intangible
b)
An acquisition in which the management of the acquired company fights the firm's buyout by another company.
c)
Business owned and usually operated by one person who is responsible for all of its debts.
d)
2. return on investment
32.
spinoff:
a)
a form of business by which the owner (franchisor) of a product, service or method obtains distribution/marketing through affiliated dealers (franchisees). example: mcdonalds
b)
Strategy of setting up one or more corporate units as new, independent corporations. The corporation that does the spin off is a parent corporation. (division of a business, type of divestiture)
c)
A merger of two firms that have previously been direct competitors in the same industry.
d)
borrowing money and not giving up ownership, comes with interest and strict rules
33.
stock:
a)
A share of ownership in a corporation.
b)
An enterprise in which two or more persons or companies temporarily join forces to undertake a particular project.
c)
Business owned and usually operated by one person who is responsible for all of its debts.
d)
a form of business by which the owner (franchisor) of a product, service or method obtains distribution/marketing through affiliated dealers (franchisees). example: mcdonalds
34.
stockholders (or shareholders):
a)
the part of supply chain management that plans the flow and storage of goods/services between the point of origin and the point of consumption in order to meet customer's requirements
b)
Those who own shares of stock in a company.
c)
Strategy of setting up one or more corporate units as new, independent corporations. The corporation that does the spin off is a parent corporation. (division of a business, type of divestiture)
d)
B. $2,745.75
35.
strategic alliance:
a)
A share of ownership in a corporation.
b)
An acquisition in which the management of the acquired company welcomes the firm's buyout by another company.
c)
analyzing a group of potential customers and collecting information on them
d)
An enterprise in which two or more persons or companies temporarily join forces to undertake a particular project.
36.
subsidiary corporation:
a)
capturing the business's day-to-day financial activities in pursuit of an organization's goals.
b)
Shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm.
c)
One that is owned by another corporation.
d)
The union of two companies to form a single new business.
37.
tender offer:
a)
Business owned and usually operated by one person who is responsible for all of its debts.
b)
An offer to buy shares made by a prospective buyer directly to a corporation's shareholders.
c)
Members of a corporation's board of directors who are not also employees of the corporation on a day-to-day basis.
d)
A. $2,902.65
38.
unlimited liability:
a)
analyzing a group of potential customers and collecting information on them
b)
A person who invests in a business is liable for all debts incurred by the business; personal possessions can be taken to pay debts.
c)
prohibits discrimination on the basis of disability in programs conducted by Federal agencies
d)
a legal doctrine by which the sovereign or state cannot commit a legal wrong and is immune from civil suit or criminal prosecution
39.
vertical merger:
a)
Specifies the duties and responsibilities of the franchisee and the franchiser.
b)
A merger of two firms that have previously had a buyer—seller relationship.
c)
Shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm.
d)
An enterprise that the owner operates part-time from the home while continuing regular employment elsewhere.
40.
managerial accounting
a)
a piece of property or equipment purchased exclusively or primarily for business use.
b)
Net sales
c)
mean, median, mode
d)
capturing the business's day-to-day financial activities in pursuit of an organization's goals.
41.
If a business negotiates a 3.6% discount rate and has credit card sales this month of $78,450, what
a)
If a business negotiates a 3.6% discount rate and has credit card sales this month of $78,450, what
b)
a person who represents a person or company in matters of business and who can make business decisions, agreements, etc., for them
c)
a form of business by which the owner (franchisor) of a product, service or method obtains distribution/marketing through affiliated dealers (franchisees). example: mcdonalds
d)
A business person who accepts both the risks and the opportunities involved in creating and operating a new business venture.
42.
amount does it owe the bank?
a)
a fall in economic growth just before recession
b)
A. $2,902.65
c)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
d)
a financial statement that shows the movement in the Cash account of a company. It presents cash inflows (receipts) and outflows (payments) in the three activities of business: operating, investing, and financing
43.
B. $2,745.75
a)
wants such as entertainment or leisure
b)
the act of providing funds/capital for business activities, making purchases or investing and help them achieve their goals
c)
B. $2,745.75
d)
Investor liability is limited to their personal investments in the corporation; courts cannot touch the personal assets of investors in the event that the corporation goes bankrupt.
44.
C. $2,667.30
a)
a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract
b)
The action of overseeing and managing employees in the workplace. (low)
c)
C. $2,667.30
d)
needs such as food, shelter
45.
D. $2,824.20 - Correct
a)
A merger of two firms that have previously been direct competitors in the same industry.
b)
C. $2,667.30
c)
Business owned and usually operated by one person who is responsible for all of its debts.
d)
D. $2,824.20 - Correct
46.
commercial banks
a)
banks that offer service to the general public and companies
b)
a fall in economic growth just before recession
c)
cloud-based marketplace
d)
A share of ownership in a corporation.
47.
debt financing
a)
the right of a government or its agent to expropriate private property for public use, with payment of compensation
b)
borrowing money and not giving up ownership, comes with interest and strict rules
c)
A business person who accepts both the risks and the opportunities involved in creating and operating a new business venture.
d)
A business whose stock is held by a small group of individuals and is not usually available for sale to the general public.
48.
a business's current assets that are listed on financial statements are
a)
liquid
b)
2. return on investment
c)
necessary skills and affordability
d)
wants such as entertainment or leisure
49.
What is the base amount used for vertical analysis of items on the income statement?
a)
mean, median, mode
b)
they implement company strategy in the most efficient way. are higher in power than supervisory, but lower than execs.
c)
Net sales
d)
Business owned and usually operated by one person who is responsible for all of its debts.
50.
a common risk of innovation is
a)
An acquisition in which the management of the acquired company welcomes the firm's buyout by another company.
b)
An enterprise in which two or more persons or companies temporarily join forces to undertake a particular project.
c)
B. $2,745.75
d)
Loss of jobs
51.
buyout
a)
A business whose stock is held by a small group of individuals and is not usually available for sale to the general public.
b)
Occurs when a company sells part of its existing business operations to another company.
c)
the purchase of a controlling share in a company
d)
a legal doctrine by which the sovereign or state cannot commit a legal wrong and is immune from civil suit or criminal prosecution
52.
cash flow statement
a)
2. return on investment
b)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
c)
promoters who are third-parties to a business, like a partner or affiliate, rather than a company's personnels
d)
a financial statement that shows the movement in the Cash account of a company. It presents cash inflows (receipts) and outflows (payments) in the three activities of business: operating, investing, and financing
53.
Investment
a)
A corporation that owns a subsidiary.
b)
The act of committing money or capital to an endeavour with the expectation of obtaining an additional income or profit
c)
a financial statement that shows the movement in the Cash account of a company. It presents cash inflows (receipts) and outflows (payments) in the three activities of business: operating, investing, and financing
d)
Shares whose owners have first claim on the corporation's assets and profits but who usually have no voting rights in the firm.
54.
Financing
a)
the act of providing funds/capital for business activities, making purchases or investing and help them achieve their goals
b)
D. $2,824.20 - Correct
c)
the part of supply chain management that plans the flow and storage of goods/services between the point of origin and the point of consumption in order to meet customer's requirements
d)
a method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities and equities), in a balance sheet is represented as a proportion of the total account
55.
Balance Sheet
a)
wants such as entertainment or leisure
b)
a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.
c)
a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract
d)
necessary skills and affordability
56.
Assets = Liabilities + Shareholders' Equity
a)
Assets = Liabilities + Shareholders' Equity
b)
A merger of two firms that have previously had a buyer—seller relationship.
c)
The action of overseeing and managing employees in the workplace. (low)
d)
person or organization that provides capital for a company
57.
Asset
a)
the part of supply chain management that plans the flow and storage of goods/services between the point of origin and the point of consumption in order to meet customer's requirements
b)
Document in which the entrepreneur summarizes her or his business strategy for the proposed new venture and how that strategy will be implemented.
c)
the credit extended to you by suppliers who let you buy now and pay later
d)
a piece of property or equipment purchased exclusively or primarily for business use.
58.
categories of assets: current and non-current, short-term and long-term, operating and capitalized, and tangible and intangible
a)
they implement company strategy in the most efficient way. are higher in power than supervisory, but lower than execs.
b)
the credit extended to you by suppliers who let you buy now and pay later
c)
Specifies the duties and responsibilities of the franchisee and the franchiser.
d)
categories of assets: current and non-current, short-term and long-term, operating and capitalized, and tangible and intangible
59.
Liability
a)
a company's financial debt or obligations that arise during the course of its business operations
b)
Members of a corporation's board of directors who are not also employees of the corporation on a day-to-day basis.
c)
Shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm.
d)
a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.
60.
shareholder's equity
a)
A business whose stock is widely held and available for sale to the general public.
b)
A business whose stock is held by a small group of individuals and is not usually available for sale to the general public.
c)
the net value of a company, or the amount that would be returned to shareholders if all the company's assets were liquidated and all its debts repaid
61.
Liquidate
a)
the net value of a company, or the amount that would be returned to shareholders if all the company's assets were liquidated and all its debts repaid
b)
A merger of two firms that have previously been direct competitors in the same industry.
c)
convert assets into cash or cash equivalents by selling them on the open market
62.
financier
a)
person or organization that provides capital for a company
b)
the act of providing funds/capital for business activities, making purchases or investing and help them achieve their goals
c)
Members of a corporation's board of directors who are also full-time employees of the corporation.
d)
9 in 3,9,27
63.
vertical analysis
a)
One that is owned by another corporation.
b)
The person responsible for the firm's overall performance.
c)
the right of a government or its agent to expropriate private property for public use, with payment of compensation
d)
a method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities and equities), in a balance sheet is represented as a proportion of the total account
64.
economic downturn
a)
a fall in economic growth just before recession
b)
Strategy of setting up one or more corporate units as new, independent corporations. The corporation that does the spin off is a parent corporation. (division of a business, type of divestiture)
c)
categories of assets: current and non-current, short-term and long-term, operating and capitalized, and tangible and intangible
d)
a corporation whose ownership shares are available for exchange on a public market
65.
net sales
a)
Net sales are the amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any discounts allowed
b)
act of breaking the law or agreements in a contract
c)
The purchase of a company by another, larger firm, which absorbs the smaller company into its operations.
d)
Occurs when a company sells part of its existing business operations to another company.
66.
paradigm shift
a)
A paradigm shift is a major change in how some process is accomplished. A paradigm shift can happen when new technology is introduced that radically alters the production process of a good
b)
Shares whose owners have first claim on the corporation's assets and profits but who usually have no voting rights in the firm.
c)
Document in which the entrepreneur summarizes her or his business strategy for the proposed new venture and how that strategy will be implemented.
d)
a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders.
67.
sovereign immunity
a)
a legal doctrine by which the sovereign or state cannot commit a legal wrong and is immune from civil suit or criminal prosecution
b)
Those who own shares of stock in a company.
c)
person or organization that provides capital for a company
d)
An enterprise in which two or more persons or companies temporarily join forces to undertake a particular project.
68.
eminent domain
a)
Shares whose owners have first claim on the corporation's assets and profits but who usually have no voting rights in the firm.
b)
the right of a government or its agent to expropriate private property for public use, with payment of compensation
c)
An agreement in writing between two or more individuals or entities in which a court can impose penalties in the event one party attempts to negate on his or her promise
d)
Shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm.
69.
absolute privilege
a)
Occurs when a company sells part of its existing business operations to another company.
b)
a partial refund to someone who has paid
c)
2. return on investment
d)
a special right, advantage, or immunity granted or available only to a particular person or group of people
70.
infringement
a)
act of breaking the law or agreements in a contract
b)
Shares whose owners have first claim on the corporation's assets and profits but who usually have no voting rights in the firm.
c)
a special right, advantage, or immunity granted or available only to a particular person or group of people
d)
analyzing a group of potential customers and collecting information on them
71.
consideration (in contract)
a)
mean, median, mode
b)
a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract
c)
An independently owned and managed business that does not dominate its market.
d)
Selling shares of stock in a company for the first time to the general investing public.
72.
National Labor Relations Act
a)
an act protecting rights of employees and employers, encouraging collective bargaining (negotiation of wages and other subjects by a group fo employees)
b)
the net value of a company, or the amount that would be returned to shareholders if all the company's assets were liquidated and all its debts repaid
c)
If a business negotiates a 3.6% discount rate and has credit card sales this month of $78,450, what
d)
the right of a government or its agent to expropriate private property for public use, with payment of compensation
73.
vocational rehabilitation act
a)
borrowing money and not giving up ownership, comes with interest and strict rules
b)
prohibits discrimination on the basis of disability in programs conducted by Federal agencies
c)
Selling shares of stock in a company for the first time to the general investing public.
d)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
74.
fair labor standards act
a)
establishes minimum wage, overtime pay, record-keeping, and youth employment standards affecting employees
b)
the part of supply chain management that plans the flow and storage of goods/services between the point of origin and the point of consumption in order to meet customer's requirements
c)
D. $2,824.20 - Correct
d)
Document in which the entrepreneur summarizes her or his business strategy for the proposed new venture and how that strategy will be implemented.
75.
Americans with disabilities act
a)
Shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm.
b)
the purchase of a controlling share in a company
c)
a civil rights law that prohibits discrimination based on disability
d)
accountable, responsible, consultive, informed. it defines roles and responsibilities
76.
open corporation
a)
An agreement in writing between two or more individuals or entities in which a court can impose penalties in the event one party attempts to negate on his or her promise
b)
An offer to buy shares made by a prospective buyer directly to a corporation's shareholders.
c)
An independently owned and managed business that does not dominate its market.
d)
a corporation whose ownership shares are available for exchange on a public market
77.
consolidation
a)
A merger of two firms that have previously had a buyer—seller relationship.
b)
banks that offer service to the general public and companies
c)
combining small companies into one large one
d)
The union of two companies to form a single new business.
78.
industrial user
a)
the net value of a company, or the amount that would be returned to shareholders if all the company's assets were liquidated and all its debts repaid
b)
long-term plans for a business
c)
Strategy of setting up one or more corporate units as new, independent corporations. The corporation that does the spin off is a parent corporation. (division of a business, type of divestiture)
d)
a company that buys materials from other manufacturers to satisfy their own needs
79.
indirect agent
a)
Shares whose owners usually have last claim on the corporation's assets (after creditors and owners of preferred stock) but who have voting rights in the firm.
b)
An independently owned and managed business that does not dominate its market.
c)
3. raw material needs
d)
promoters who are third-parties to a business, like a partner or affiliate, rather than a company's personnels
80.
agent
a)
wants such as entertainment or leisure
b)
an act protecting rights of employees and employers, encouraging collective bargaining (negotiation of wages and other subjects by a group fo employees)
c)
a person who represents a person or company in matters of business and who can make business decisions, agreements, etc., for them
d)
A corporation that owns a subsidiary.
81.
operating policy
a)
a governing principle that mandates or constrains actions within a business
b)
A partner who is actively involved in managing the firm and has unlimited liability.
c)
A merger of two firms that have previously had a buyer—seller relationship.
d)
the act of providing funds/capital for business activities, making purchases or investing and help them achieve their goals
82.
binding contract
a)
a company's financial debt or obligations that arise during the course of its business operations
b)
An agreement in writing between two or more individuals or entities in which a court can impose penalties in the event one party attempts to negate on his or her promise
c)
convert assets into cash or cash equivalents by selling them on the open market
83.
what are the three main factors in feasibility study?
a)
1. staffing needs
b)
capturing the business's day-to-day financial activities in pursuit of an organization's goals.
c)
A person who invests in a business is liable for all debts incurred by the business; personal possessions can be taken to pay debts.
d)
borrowing money and not giving up ownership, comes with interest and strict rules
84.
2. return on investment
a)
2. return on investment
b)
An enterprise that the owner operates part-time from the home while continuing regular employment elsewhere.
c)
necessary skills and affordability
d)
a notice that the direct deposit transaction has gone through
85.
3. raw material needs
a)
3. raw material needs
b)
a partial refund to someone who has paid
c)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
d)
person or organization that provides capital for a company
86.
tactical plans
a)
a partial refund to someone who has paid
b)
A group of individuals elected by a firm's shareholders and charged with overseeing, and taking legal responsibility for, the firm's actions.
c)
cloud-based marketplace
d)
short-term plans for a business
87.
strategic plans
a)
3. raw material needs
b)
long-term plans for a business
c)
A share of ownership in a corporation.
d)
An offer to buy shares made by a prospective buyer directly to a corporation's shareholders.
88.
market-segment analysis
a)
analyzing a group of potential customers and collecting information on them
b)
The union of two companies to form a single new business.
c)
cloud-based marketplace
d)
a financial statement that shows the movement in the Cash account of a company. It presents cash inflows (receipts) and outflows (payments) in the three activities of business: operating, investing, and financing
89.
what factors should a small business owner consider when hiring someone?
a)
a company's financial debt or obligations that arise during the course of its business operations
b)
Loss of jobs
c)
a type of contest where a prize or prizes may be awarded to a winner or winners. (kind of like a gamble)
d)
necessary skills and affordability
90.
quota
a)
act of breaking the law or agreements in a contract
b)
a limited or fixed number or amount of people or things, in particular
c)
a method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities and equities), in a balance sheet is represented as a proportion of the total account
d)
a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area
91.
trade credit
a)
A paradigm shift is a major change in how some process is accomplished. A paradigm shift can happen when new technology is introduced that radically alters the production process of a good
b)
the credit extended to you by suppliers who let you buy now and pay later
c)
analyzing a group of potential customers and collecting information on them
d)
An acquisition in which the management of the acquired company welcomes the firm's buyout by another company.
92.
return on equity
a)
Investor liability is limited to their personal investments in the corporation; courts cannot touch the personal assets of investors in the event that the corporation goes bankrupt.
b)
a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract
c)
the ability of a company to generate income with their investments
d)
a fall in economic growth just before recession
93.
when determining its hiring needs, a business must consider its
a)
a fall in economic growth just before recession
b)
A paradigm shift is a major change in how some process is accomplished. A paradigm shift can happen when new technology is introduced that radically alters the production process of a good
c)
financial status and productivity needs
d)
If a business negotiates a 3.6% discount rate and has credit card sales this month of $78,450, what
94.
secondary needs
a)
a company that buys materials from other manufacturers to satisfy their own needs
b)
wants such as entertainment or leisure
c)
the right of a government or its agent to expropriate private property for public use, with payment of compensation
d)
a corporation whose ownership shares are available for exchange on a public market
95.
primary needs
a)
An acquisition in which the management of the acquired company welcomes the firm's buyout by another company.
b)
wants such as entertainment or leisure
c)
Selling shares of stock in a company for the first time to the general investing public.
d)
needs such as food, shelter
96.
payroll stub
a)
A business with two or more owners who share in the operation of the firm and in financial responsibility for the firm's debts.
b)
Net sales
c)
a notice that the direct deposit transaction has gone through
d)
An enterprise in which two or more persons or companies temporarily join forces to undertake a particular project.
97.
corporate chain
a)
chain of a business, starbucks is a corporate chain
b)
Selling shares of stock in a company for the first time to the general investing public.
c)
accountable, responsible, consultive, informed. it defines roles and responsibilities
d)
A business whose stock is held by a small group of individuals and is not usually available for sale to the general public.
98.
economic system
a)
long-term plans for a business
b)
an act protecting rights of employees and employers, encouraging collective bargaining (negotiation of wages and other subjects by a group fo employees)
c)
A partner who is actively involved in managing the firm and has unlimited liability.
d)
a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area
99.
performance measure
a)
Those who own shares of stock in a company.
b)
An acquisition in which the management of the acquired company fights the firm's buyout by another company.
c)
An enterprise that the owner operates part-time from the home while continuing regular employment elsewhere.
d)
regular measurement of outcomes and results, which generates data on the effectiveness and efficiency of programs
100.
measure of central tendency
a)
An enterprise that the owner operates part-time from the home while continuing regular employment elsewhere.
b)
mean, median, mode
c)
An acquisition in which the management of the acquired company fights the firm's buyout by another company.
d)
the part of supply chain management that plans the flow and storage of goods/services between the point of origin and the point of consumption in order to meet customer's requirements
101.
geometric mean
a)
cloud-based marketplace
b)
9 in 3,9,27
c)
Business owned and usually operated by one person who is responsible for all of its debts.
d)
regular measurement of outcomes and results, which generates data on the effectiveness and efficiency of programs
102.
logistics
a)
they implement company strategy in the most efficient way. are higher in power than supervisory, but lower than execs.
b)
the right of a government or its agent to expropriate private property for public use, with payment of compensation
c)
the part of supply chain management that plans the flow and storage of goods/services between the point of origin and the point of consumption in order to meet customer's requirements
d)
An offer to buy shares made by a prospective buyer directly to a corporation's shareholders.
103.
ARCI matrix
a)
A person who invests in a business is liable for all debts incurred by the business; personal possessions can be taken to pay debts.
b)
accountable, responsible, consultive, informed. it defines roles and responsibilities
c)
An agreement in writing between two or more individuals or entities in which a court can impose penalties in the event one party attempts to negate on his or her promise
d)
convert assets into cash or cash equivalents by selling them on the open market
104.
sweepstakes
a)
a person who represents a person or company in matters of business and who can make business decisions, agreements, etc., for them
b)
borrowing money and not giving up ownership, comes with interest and strict rules
c)
a type of contest where a prize or prizes may be awarded to a winner or winners. (kind of like a gamble)
d)
a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract
105.
rebate
a)
The purchase of a company by another, larger firm, which absorbs the smaller company into its operations.
b)
Strategy of setting up one or more corporate units as new, independent corporations. The corporation that does the spin off is a parent corporation. (division of a business, type of divestiture)
c)
a person who represents a person or company in matters of business and who can make business decisions, agreements, etc., for them
d)
a partial refund to someone who has paid
106.
supervisory management
a)
accountable, responsible, consultive, informed. it defines roles and responsibilities
b)
when a corporation buys its own stock with loaned funds and giving them to its employees. Employees "earn'' the stock based on some condition such as seniority. Employees control the stock's voting rights immediately, even though they may not take physical possession of the stock until specified conditions are met. This aligns the employees' interest with those of the shareholders, as they are shareholders themselves.
c)
regular measurement of outcomes and results, which generates data on the effectiveness and efficiency of programs
d)
The action of overseeing and managing employees in the workplace. (low)
107.
middle level managment
a)
they implement company strategy in the most efficient way. are higher in power than supervisory, but lower than execs.
b)
a governing principle that mandates or constrains actions within a business
c)
An enterprise that the owner operates part-time from the home while continuing regular employment elsewhere.
d)
An independently owned and managed business that does not dominate its market.
108.
dashboard
a)
Members of a corporation's board of directors who are also full-time employees of the corporation.
b)
a panel that organizes and presents information in a way that is easy to read
c)
If a business negotiates a 3.6% discount rate and has credit card sales this month of $78,450, what
d)
9 in 3,9,27
109.
capillary
a)
a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area
b)
banks that offer service to the general public and companies
c)
cloud-based marketplace
d)
they implement company strategy in the most efficient way. are higher in power than supervisory, but lower than execs.
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