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Study sets matching "chapter 16 business management"

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Study sets matching "chapter 16 business management"

28 terms
Chapter 16 Business Management
Capital
Equity Capital (Owner capital)
Retained Earnings
Debt Capital (Creditor Capital)
The money required to start or expand a business
Business owners' personal financial contributions to the busi…
Profits that are not taken out of the business but instead ar…
Money that others loan to a business
Capital
The money required to start or expand a business
Equity Capital (Owner capital)
Business owners' personal financial contributions to the busi…
27 terms
Business Management Chapter 16
Control
Standards
Benchmarking
Cybernetic
a regulatory process of establishing standards to achieve org…
a basis of comparison for measuring the extent to which vario…
the process of identifying outstanding practices, processes,…
the process of steering or keeping on course
Control
a regulatory process of establishing standards to achieve org…
Standards
a basis of comparison for measuring the extent to which vario…
10 terms
Business Management Chapter 16
Diversity
Inclusivity
Multicultural organization
Glass ceiling
age, race, ethnicity, gender, physical ability, sexual orient…
degree to which open to anyone who can perform a job regardle…
displays commitments to diversity (pluralism, structural inte…
hidden barrier to career advancement (mostly for women)
Diversity
age, race, ethnicity, gender, physical ability, sexual orient…
Inclusivity
degree to which open to anyone who can perform a job regardle…
19 terms
Business Management - Unit 3, Chapter 16
equity capital
retained earnings
debt capital
common stock
Business owners' personal contributions to the business.
Profits that the owners do not take out of the business but i…
AKA creditor capital; money that others loan to a business.
Ownership that gives holders the right to participate in mana…
equity capital
Business owners' personal contributions to the business.
retained earnings
Profits that the owners do not take out of the business but i…
40 terms
Business Management-Chapter 16
Feedforward control provides informati…
____ controls should be used when it i…
Refer to Walgreens. When Walgreens' ma…
Imagine a manufacturer that has a 99 p…
True
Bureaucratic
internal
regulation costs
Feedforward control provides informati…
True
____ controls should be used when it i…
Bureaucratic
14 terms
Small Business Management Chapter 16
elastic demand
inelastic demand
Total Costs equals
Break even
demand that changes significantly when there is a change in t…
demand that does not change significantly when there is a cha…
costs of goods offered + selling cost + overhead
point at which total revenue and total cost are equal
elastic demand
demand that changes significantly when there is a change in t…
inelastic demand
demand that does not change significantly when there is a cha…
12 terms
Chapter 16 Business Management
Resume
Keywords
Reference
Chronological resume
A profile of your goals, education, and work history to be gi…
Words and terms that specifically relate to a particular obje…
A person who knows you well and can comment on your qualifica…
A resume in which the order of presentation is reverse chrono…
Resume
A profile of your goals, education, and work history to be gi…
Keywords
Words and terms that specifically relate to a particular obje…
26 terms
Business Management Chapter 16
Organization culture
Organization subculture
Dominant organization culture
Code of conduct
a set of values that organization members share regarding the…
a mini-culture within an organization that can reflect the va…
the shared values about organizational functioning held by th…
a document that reflects the core values of an organization a…
Organization culture
a set of values that organization members share regarding the…
Organization subculture
a mini-culture within an organization that can reflect the va…
13 terms
Business Management Chapter 16 Vocabulary
Financial Statements
Balance Sheet (Statement of Financial…
Liabilities
Capital (Net Worth, Owner's Equity, or…
Reports that summarize financial data over a period of time.
A financial statement that lists the assets, liabilities, and…
Claims against assets or things owed-the debts of a business.
What a business is worth after subtracting liabilities from a…
Financial Statements
Reports that summarize financial data over a period of time.
Balance Sheet (Statement of Financial…
A financial statement that lists the assets, liabilities, and…
17 terms
Business Management Chapter 16
Control
Bureaucratic Control
Market Control
Clan Control
Any process that directs the activities of individuals toward…
The use of rules, regulations, and formal authority to guide…
The use of pricing mechanisms (stock prices) to regulate acti…
Based on the idea that employees may share the values, expect…
Control
Any process that directs the activities of individuals toward…
Bureaucratic Control
The use of rules, regulations, and formal authority to guide…
13 terms
Business Management, Chapter 16
Financial Statements
Balance Sheet (statement of financial…
Liability
Capitol (net worth, owner's equity, or…
are reports that summarize financial data over a period of ti…
is a financial statement that reports a business's assets, li…
are claims against assets.
is the amount an organization or individual
Financial Statements
are reports that summarize financial data over a period of ti…
Balance Sheet (statement of financial…
is a financial statement that reports a business's assets, li…
20 terms
(Business Management)Chapter 16: Control
Benchmarking
Cybernetic
Feedback Control
Concurrent Control
The process of identifying outstanding practices, processes,…
The process of steering or keeping on course.
A mechanism for gathering information about performance defic…
A mechanism for gathering information about performance defic…
Benchmarking
The process of identifying outstanding practices, processes,…
Cybernetic
The process of steering or keeping on course.
29 terms
Business Management Chapter 16 Terms
Controlling
Control Process Steps
Control Standard
Management by Exception
Monitoring performance, comparing it with goals, and taking c…
The four steps in the process of controlling: (1) establish s…
The first step in the control process the performance standar…
Control principle that states that managers should be informe…
Controlling
Monitoring performance, comparing it with goals, and taking c…
Control Process Steps
The four steps in the process of controlling: (1) establish s…
12 terms
Business Management vocab chapter 16
1.resume
2.keyword
3.reference
4.chronological resume
a brief account of a person's education, qualifications, and…
- a word or concept of great significance
- use of a source of information in order to ascertain someth…
a chronological resume is organized by job titles, which are…
1.resume
a brief account of a person's education, qualifications, and…
2.keyword
- a word or concept of great significance
12 terms
Business Management Chapter 16 Vocab.
1. Resume
2. Keyword
3. Reference
4. Chronological resume
gives an employer a profile of your career goal, education, a…
words and terms that specifically relate to the functions of…
is a person who knows you well and can comment on your qualif…
emphasizes employers and work experience with each.
1. Resume
gives an employer a profile of your career goal, education, a…
2. Keyword
words and terms that specifically relate to the functions of…
50 terms
Management - Chapter 16 Globalization and International Business
o Global economy:
o Globalization:
o Insourcing:
o Outsourcing:
resources, markets, and competition are worldwide in scope
the process of growing interdependence among elements of the…
creation of domestic jobs by foreign employers... Ie. when a fo…
shifts local jobs to foreign locations to take advantage of l…
o Global economy:
resources, markets, and competition are worldwide in scope
o Globalization:
the process of growing interdependence among elements of the…
32 terms
Chapter 16 Business 70 management and securities managment
lock box
marketable securities
treasury bills
commercial certificates of deposit
address,usually a commercial bank at which a company receives…
temporary investment of extra cash by organizstions for up to…
- short- term debt obligations the U.S. government sells to m…
-issued by commercial banks and brokerage companies available…
lock box
address,usually a commercial bank at which a company receives…
marketable securities
temporary investment of extra cash by organizstions for up to…
46 terms
Small Business Management: Launching and Growing Entrepreneurial Ventures CHAPTER 16
value
credit
average pricing
elasticity of demand
the extent to which a good or service is perceived by a custo…
an agreement between a buyer and a seller that allows for del…
an approach in which the total cost for a given period is div…
the degree to which a change in price affects the quantity de…
value
the extent to which a good or service is perceived by a custo…
credit
an agreement between a buyer and a seller that allows for del…
34 terms
management chapter 16: globalization and international business
global economy
globalization
insourcing
outsourcing
in the _____________, resources, markets, and competition are…
the process of growing interdependence among elements of the…
the creation of domestic jobs by foreign employers
shifts local jobs to foreign location to take advantage of lo…
global economy
in the _____________, resources, markets, and competition are…
globalization
the process of growing interdependence among elements of the…
40 terms
Management chapter 16- globalization and international business
takeaway 1
global economy
Globalization
Insourcing
People can experience culture shock due to the discomfort exp…
Resources, markets and competition are worldwide in scope
Process of growing interdependence of global economies
Domestic jobs are created by foreign employers
takeaway 1
People can experience culture shock due to the discomfort exp…
global economy
Resources, markets and competition are worldwide in scope
40 terms
Management chapter 16- globalization and international business
takeaway 1
global economy
Globalization
Insourcing
People can experience culture shock due to the discomfort exp…
Resources, markets and competition are worldwide in scope
Process of growing interdependence of global economies
Domestic jobs are created by foreign employers
takeaway 1
People can experience culture shock due to the discomfort exp…
global economy
Resources, markets and competition are worldwide in scope
37 terms
Business Management Chapter 16 Study Set
Controlling
Control Process Steps
Control Standard
Management by Exception
Monitoring performance, comparing it with goals, and taking c…
Establish standards, measure performance, compare performance…
The desired performance level for a given goal
Control principle that states that managers should be informe…
Controlling
Monitoring performance, comparing it with goals, and taking c…
Control Process Steps
Establish standards, measure performance, compare performance…
30 terms
international business chapter 16 human resource management
what is HR?
opening case
international HRM
expatriate managers
HRM- the activities an organization carries out to utilize it…
compensation and other HR mistakes in the global world... - grow…
- complicated by profound differences between countries in la…
-HRM determines when to use them... - citizens of one country wo…
what is HR?
HRM- the activities an organization carries out to utilize it…
opening case
compensation and other HR mistakes in the global world... - grow…
18 terms
Introduction to Business Chapter 16 Vocab
money management
personal assets
liabilities
net worth
day-to-day activities using income to satisfy wants and needs
Items that you have of value and ownership ... (ie: house, car a…
amounts that you owe... (ie: debt from loans like a credit card)
difference between assets and liabilities... (Assets - liabiliti…
money management
day-to-day activities using income to satisfy wants and needs
personal assets
Items that you have of value and ownership ... (ie: house, car a…
33 terms
Business 198 Chapter 16-- Managing information and Technology
Hardware
software
System software
Applications software
The physical tools and equipment used to collect, input, stor…
Programs that provide instructions to a computer so that it c…
Software that performs the critical functions necessary to op…
Software that helps a user perform a desired task.
Hardware
The physical tools and equipment used to collect, input, stor…
software
Programs that provide instructions to a computer so that it c…
30 terms
Business Chapter 16: Financial Management and Securities Market
working capital management
transaction balances
lockbox
marketable securities
the management of shot-term assets and liabilities
cash kept on hand by a firm to pay normal daily expenses, suc…
an address, usually a commercial bank, at which a company rec…
temporary investment of "extra" cash by organizations for up…
working capital management
the management of shot-term assets and liabilities
transaction balances
cash kept on hand by a firm to pay normal daily expenses, suc…
47 terms
Chapter 16 & 17 Concepts of Business Management
diversity
inclusivity
multi-cultural organization
organization subcultures
race, gender, age or any other individual difference
an organization is open to anyone who can perform a job regar…
based on pluralisms and operates with inclusivity and respect…
groups that share interests; occupations, religion, ethnicity…
diversity
race, gender, age or any other individual difference
inclusivity
an organization is open to anyone who can perform a job regar…
12 terms
BUSI 409 Nonprofit Management Chapter 16
advocacy Organization
global civil society index
global organizations
government-operated nongovernmental or…
organizations that promote a cause or issue on a multinationa…
...
one that has activities throughout the world and probably has…
operated by the government
advocacy Organization
organizations that promote a cause or issue on a multinationa…
global civil society index
...
15 terms
Financial Management & Securities Markets Chapter 16
Working capital Management
Marketable securities
Treasury Bills
CDs
The difference between current assets and current liabilities
Temporary investment by a firm of "extra" cash for up to 1 year
Short-term debt obligations by the US Government. The US sell…
IOUs by banks to customers
Working capital Management
The difference between current assets and current liabilities
Marketable securities
Temporary investment by a firm of "extra" cash for up to 1 year
8 terms
Business management unit 2 chapter 16
mission statement
values
vision
goals
captures what a company does and how it works
things that a business regards as important
where the company will be in the future
statements of direction that spell our how a vision will be a…
mission statement
captures what a company does and how it works
values
things that a business regards as important
12 terms
Business Management Chapter 3
career
learning style
lifestyle
trend
series of progressively more responsible jobs in one field or…
the different ways people process information
the way you spend your time, energy , money
shows changes or movement in a certain area
career
series of progressively more responsible jobs in one field or…
learning style
the different ways people process information
12 terms
Business Concepts - Chapter 16
Business Etiquette
Corporate Culture
Equal Employment Opportunity Act
Hierarchy
The acceptable social behavior and manner in business.
A company's shared values, beliefs, and goals.
A law protecting against discrimination of workers on the bas…
A formal chain of command.
Business Etiquette
The acceptable social behavior and manner in business.
Corporate Culture
A company's shared values, beliefs, and goals.
20 terms
AICE Business Chapter 16
Marketing
Marketing Objective
Marketing Strategy
Market Orientation
the management task that links the business to the customer b…
the goals set for the marketing department to help the busine…
long-term plan established for achieving market objectives
an outward-looking approach basing product decisions on consu…
Marketing
the management task that links the business to the customer b…
Marketing Objective
the goals set for the marketing department to help the busine…
13 terms
Management Chapter 16
financial statements
balance sheet
liabilities
capital
reports that summarize financial data over a period of time
a financial statement that lists the assets, liabilities and…
claims against assets or things owed-the debts of a business
amount an organization or an individual is worth after subtra…
financial statements
reports that summarize financial data over a period of time
balance sheet
a financial statement that lists the assets, liabilities and…
45 terms
Management Information Systems: Chapter 16 - Integrating Wireless Technology in Business
Personal Area Network (PAN)
Bluetooth
Wireless LAN (WLAN)
Access Point (AP)
Provides communication for devices owned by a single user tha…
A wireless PAN technology that transmits signals over short d…
A local area network that uses radio signals to transmit and…
The computer or network device that serves as an interface be…
Personal Area Network (PAN)
Provides communication for devices owned by a single user tha…
Bluetooth
A wireless PAN technology that transmits signals over short d…
21 terms
Principles of Business - Chapter 16
Sales tax
Excise tax
Real estate property tax
Personal property tax
A state or local tax on goods and services that is collected…
A tax imposed on specific goods and services; built in to the…
Tax based on immovable property - land and structures that ar…
Tax based on the value of personal property such as boats, ca…
Sales tax
A state or local tax on goods and services that is collected…
Excise tax
A tax imposed on specific goods and services; built in to the…
20 terms
Business Law - Chapter 16
real property
mislaid property
intellectual property
copyright
rights and interests in land, buildings and those things perm…
property that is placed intentionally somewhere but then forg…
purely intangible personal property that one cannot physicall…
protects the expression of a creative work, such as the work…
real property
rights and interests in land, buildings and those things perm…
mislaid property
property that is placed intentionally somewhere but then forg…
30 terms
Business Chapter 16 Vocabulary words
working capital management
transaction balances
lockbox
marketable secuities
the managing of short-term assets and liabilities
cash kept on hand by a firm to pay normal daily expenses such…
an address, usually a commercial bank, at which a company rec…
temporary investment of extra cash by organizations for up to…
working capital management
the managing of short-term assets and liabilities
transaction balances
cash kept on hand by a firm to pay normal daily expenses such…
37 terms
Business Essentials - Chapter 16
Allowance
Annuity
Balance sheet
Budget
the amount of money you plan to use for a certain budget cate…
an amount of money an insurance company pays (usually monthly…
a report that lists a company's assets, liabilities, and owne…
detailed plans for the financial needs of individuals, famili…
Allowance
the amount of money you plan to use for a certain budget cate…
Annuity
an amount of money an insurance company pays (usually monthly…
42 terms
Chapter 16: Management
310 million... 2%... 7 Billion... 2.5 Million
2029
20,000 FH. 15% corporations and 85% fa…
sole
How many people in the USA?... How much will it grow?... How many p…
When will the death rate peak?
How many funeral homes in US? What percent are company and fa…
Most family owned places are _____ proprietorship's and partn…
310 million... 2%... 7 Billion... 2.5 Million
How many people in the USA?... How much will it grow?... How many p…
2029
When will the death rate peak?
15 terms
Business Law - Chapter 16
Title
Bill of Sale
Bill of Lading
Straight Bill of Lading
Ownership
Written statement that seller is passing ownership to the buyer
Receipt for goods to be made
A nonnegotiable receipt for goods to be shipped
Title
Ownership
Bill of Sale
Written statement that seller is passing ownership to the buyer
46 terms
Business Chapter 16
intangibles
copyright
derivative
patents
things that have value but are not material goods
exclusive right to perform, display, copy, or distribute an a…
work based on one or more existing works, such as a movie seq…
any new and useful process or the improvement to existing pro…
intangibles
things that have value but are not material goods
copyright
exclusive right to perform, display, copy, or distribute an a…
32 terms
Management Chapter 16
Motivation
Intrinsic rewards
Extrinsic rewards
Content theories
refers to the forces either within or external to a person th…
are the satisfactions a person receives in the process of per…
are given by another person, typically a manager, and include…
emphasize the needs that motivate people. At any point in tim…
Motivation
refers to the forces either within or external to a person th…
Intrinsic rewards
are the satisfactions a person receives in the process of per…
32 terms
Management Chapter 16
Motivation
Intrinsic rewards
Extrinsic rewards
Content theories
refers to the forces either within or external to a person th…
are the satisfactions a person receives in the process of per…
are given by another person, typically a manager, and include…
emphasize the needs that motivate people. At any point in tim…
Motivation
refers to the forces either within or external to a person th…
Intrinsic rewards
are the satisfactions a person receives in the process of per…
31 terms
Business MGMT Chapter 16
word-of-mouth promotion
trial close
sales promotion
blog
a tool that involved people passing information about product…
a question or statement that moves the selling process to the…
activities such as contests, demonstrations or special offers…
online entries made by individuals with an area provided for…
word-of-mouth promotion
a tool that involved people passing information about product…
trial close
a question or statement that moves the selling process to the…
10 terms
Blocher Cost Management Chapter 16 (Liberty BUSI 601)
financial productivity
market share variance
market size variance
operational productivity
the ratio of output to input... with either the numerator or the…
measures the effect of... changes in market share on... total contr…
the effect of changes in market... size on a firm's total contri…
the ratio of output units to... input units
financial productivity
the ratio of output to input... with either the numerator or the…
market share variance
measures the effect of... changes in market share on... total contr…
10 terms
Introduction to Business, Chapter 16, Culture and Diversity in Business
culture
business etiquette
corporate culture
hierarchy
The beliefs, customs, and attitudes of a distinct group of pe…
Conduct that is considered socially acceptable in business.
A company's shared values, beliefs, and goals.
A formal chain of command with one person at the top who make…
culture
The beliefs, customs, and attitudes of a distinct group of pe…
business etiquette
Conduct that is considered socially acceptable in business.
51 terms
Intro to Business: Chapter 16
electronic funds transfer (EFT) system
corporate bond
collateral
capital budget
a means of performing financial transactions through a comput…
a corporations written pledge that it will repay a specified…
real estate or property pledged as security for a loan
a financial statement that estimates a firm's expenditures fo…
electronic funds transfer (EFT) system
a means of performing financial transactions through a comput…
corporate bond
a corporations written pledge that it will repay a specified…
74 terms
Chapter 16 - Weight Management
Weight management is both a societal…
*Societal Perspective*
Obesity Trends Among US Adults
*Personal Concerns Individuals Suffer*
...
-$93 billion indirect health-care expenses per year... -280,000…
-Economical ... -Social... -Medical ... -Physical
Weight management is both a societal…
...
*Societal Perspective*
-$93 billion indirect health-care expenses per year... -280,000…
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