Trends affecting the business world most rapidly, relate to:

The ability of a computer program or machine to think and learn, and to emulate or match what human beings do, like reasoning and making decisions, is called:

What is the marketing concept?

What is an example of a durable good?

What is an example of a nondurable good?

Complete the outline with the correct term. The Six Functions of Business i. Human Resources ii. Strategy iii. Information Management iv. __________ v. Marketing vi. Finance/Accounting

Business is about __________ managing business functions.

Which business function is responsible for recruiting, hiring, onboarding, training, evaluating, and terminating employees?

Which business function is about collecting, organizing, storing, and securing relevant data and information in order to make informed decisions?

Which business function deals with the daily functioning of an organization, managing the inputs and outputs, and includes manufacturing, purchasing, and logistics?

Which business function has its own eight functions including the 4Ps?

Which business function helps to ensure quality control during manufacturing and distribution?

A furniture store manager has been tasked with increasing the sales of higher-priced items such as couches and mattresses by 25%. So, the manager determines the necessary resources and actions that will need to be taken to reach that goal by:

Widgets Co. store managers have set a goal to increase their customer base by 10% over the next three months. The managers have determined that to meet their goal they will need to hire at least five new salespeople. Recruiting, interviewing, and hiring these new employees is:

A clothing store manager launched a new ad campaign online to increase consumer awareness of a new clothing line the store carries. To check if the ad campaign is producing the desired results, the manager tracks customer impressions and the reach of the online ads. Tracking data against the goal to increase customer awareness is an example of:

Complete the statement with the correct term. _____ includes communicating, motivating, guiding, encouraging, giving directions, following up, coaching, assisting, and reviewing.

What a company believes, its business practices around how teammates treat one another, and how the company treats its customers is its:

The shared beliefs, values, goals, attitudes, and behaviors of a company's employees is the:

Which of the following areas of HR focuses on searching for appropriate candidates to fill a position?

The explanations and expectations of duties and responsibilities are known as which of the following?

Which of the following is a process in which new hires are introduced to a company, their fellow employees, and the work environment?

Which function of an HR department deals with employee reviews and appraisals?

The reason why a company exists - its purpose - is best known as which of the following?

Complete the following sentence with the best term. Mission is a company's purpose, and strategy is the _____.

A stated, observable, and measurable end result to be achieved within a certain timeframe is known as which of the following?

More specific than a goal, this is shorter term in nature and hopes to achieve something within a time frame and with available resources:

Complete the list by selecting the TWO correct terms. The Six Business Functions: i. Human Resources ii. _______ iii. _______ iv. Marketing v. Finance/Accounting vi. Information Management

Anything of value that is not physical in nature is a/an:

Anything that is created from the mind or intellect, like inventions, ideas, or methods, is:

Complete the statement with the best term. It is said that strategy is responsible for 10% of a business’s success, while __________ accounts for the other 90%.

Complete the definition with the correct terms. The “double-entry accounting system” means that every financial transaction has an equal and opposite effect, recorded in at least two accounts, where one account gets a __________ and the other a __________.

What is the accounting equation? Select an answer from the options below.

A visual representation of a general ledger account, using two columns to display debits and credits is a/an:

Complete the statement with the correct terms. In a T-account, debits are listed on the __________, and credits are listed on the __________.

Items that can be converted to cash within one year’s time are:

All debts or bills that are due to be paid within one year’s time are:

The ease with which an asset can be exchanged for, or converted into cash, at the prevailing market price is: