1:1 Quiz Review
Terms in this set (87)
A collection of guiding principles
The price paid for obtaining or price received for providing money or goods in a credit transaction, calculated as a fraction of the amount or value of what was borrowed.
A clash or disagreement, often violent, between two opposing groups or individuals
People outside of a company who have a special interest in the company. Some examples are suppliers, customers, and the community.
A voluntarily assumed obligation toward the good of society at large as opposed to the self alone.
A group of individuals, created by law or under authority of law, having a independent of the existences of its members, and powers and liabilities distinct from those of its members.
Corporate Social Responsibility
A company's sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes, (2) by contributing educational and social programs and (3) by earning adequate returns on the employed resources.
Income that a company receives from its normal business activities, usually from the sale of goods and services to consumers.
The method or practice by which actions are done.
Someone who acquires goods or services for direct use or ownership rather than for resale or use in production and manufacturing.
Group of people sharing a common understanding who reveal themselves by using the same language, manners, tradition and law.
A company, business, organization, or other purposeful endeavor.
Something that is used to complete an objective.
The extent to which time is used well for the indicated task.
The ability to focus on one specific task, and create an advantage through excelling at this task.
An object produced for market.
A person whose job is to manage something, such as a business, a restaurant, or a sports team.
The desire to purchase goods or services, coupled with the power to do so, at a particular price.
A placement of capital in expectation of deriving income or profit from its use.
Capital Expenditure Proposal
A formal request to use Capital Expenditure.
The state of being oriented.
A corporate strategy in which a company acquires or establishes a business other than that of its current product.
A series of events to produce a result, especially as contrasted to product.
The resulting state of working together.
To plan and carry out
A generally accepted means of exchange and measure of value.
The ability of a system, such as a manufacturing process, to cost effectively vary its output within a certain range and given time frame.
The organization of something into departments according to purpose or process.
Any tangible or intangible good or service that is a result of a process and that is intended for delivery to a customer or end user.
A type of organizational management in which people with similar skills are pooled for work assignments.
Any group of people involved in the same activity.
Any interconnected group or system.
Vary in form, scale, location, and types of participants, as well as the types of goods and services traded.
The amount a customer pays for the product.
The process by which goods get to final consumers over a geographical market, including storing, selling, shipping, and advertising.
The world of commerce and trade.
The system of production and distribution and consumption. The overall measure of a currency system.
The promotion, distribution, and selling of a product or service; includes media research and advertising.
A plan of action designed specifically to accomplish a given objective or goal. In business, the foundation of how a business accomplishes its objectives.
Currently unrealized ability.
The science of using psychology and demographics to better understand consumers.
The systematic collection and evaluation of data regarding customers' preferences for actual and potential products and services.
An action or statement in response to a stimulus or other event.
Ascertaining how a product or a company is perceived in the minds of consumers.
A group of people, sampled from a larger population interviewed in open session for market research or political analysis.
Communication whose purpose is to influence potential customers about products and services.
A branch of applied mathematics that studies strategic situations in which individuals or organisations choose various actions in an attempt to maximize their returns.
The cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative.
Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.
The process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of the information.
An object produced for market.
That which is produced, then traded, bought or sold, then finally consumed and consists of an action or work.
A spending or consuming. Often specifically an act of disbursing or spending funds.
The study small-scale financial activities such as that of the individual or the company
Evidence of a long-term debt, by which the bond issuer (the borrower) is obliged to pay interest when due, and repay the principal at maturity, as specified on the face of the certificate.
The part of a financial system concerned with raising capital by dealing in shares, bonds, and other long-term investments.
The decline in value of assets.
The reduction of loan principle over a series of payments.
The residual amount of earnings after all expenses have been deducted from sales.
A level or quality of attainment.
The condition of being interdependent.
One who owns stock.
A legal or ethical relationship of confidence or trust between two or more parties. Typically, a fiduciary prudently takes care of money for another person.
A person or organization with a legitimate interest in a given situation, action, or enterprise.
A quantitative economic technique that represents the interdependence between different branches of a national economy or different regional economies.
Represents the notional revenue earned on capital allocated to business units under the Banks economic capital framework.
A person to whom debt is owned.
An individual or institution (including a corporation) that legally owns a share of stock in a public or private corporation.
The capacity to make profit
One who puts forward a proposition or proposal.
The positive and negative consequences that an individual perceives to be a result of his/her actions. Examples include praise, bonuses, and promotions.
Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
Board of Directors
A group of people, elected by stockholders, to establish corporate policies, and make management decisions.
A name, symbol, or logo, or other item used to distinguish a product, service, or its provider.
A spending or consuming. Often specifically an act of distributing or spending funds.
An amount of money in a company that is owed to someone and has to be paid in the future, such as tax, debt, interest, and mortgage payments.
The limits or territory within which authority may be exercised
A pro rata payment of money by a company to its shareholders, usually made periodically (e.g., quarterly or annually).
Related to trusts or trustees.
A result that one is attempting to achieve
Internal Revenue Code
The domestic portion of federal statutory tax law in the United States.
The accuracy with which a patient follows an agreed treatment plan
Amount expended; expense; outlay
Not entitled to overtime pay when working overtime.
To assume responsibility for a debt.
The work or occupation for which one is used, and often paid.
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1:1:6 The Role of the Nonprofit
1:1:5 Profit and Stakeholders
1:1:4 Profit and Value
1:1:3 Addressing Market Needs