| A | B |
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| internal | THESE factors that are most likely to result in problems for an organization are the makeup of the company’s workforce, outdated work processes and technology, and poor management practices. |
| copyrighted | software programs can be BOTH licensed and ____________ to protect the creator |
| promotion | the marketing elements include product, place, price and _________ |
| SEP | savings plans designed for self employed people |
| human resources | department that manages the career development program |
| world | The Internet or Net can transfer data anywhere in the ________ |
| Cost of Goods Sold | For wholesalers and retailers, the THIS is the price they pay their supplier to buy the product plus the cost of transporting it to their location for resale to their customers. |
| straight re-buy | an example would be a business buying the same thing it usually does from the same supplier it usually does |
| how | wages differ from salaries in ______ the person gets paid |
| production | THIS is NOT a marketing activity but is manufacturing |
| profit | Even if a business is NOT currently making a __________it still must replace assets that are depreciating |
| compromise | This strategy is usually the best way to resolve conflict in the workplace |
| ineffective | Information overload causes ___________ decision making |
| proportional tax | In this type of tax everyone pays the SAME |
| servers | THESE store data and application software for the company’s workstations. |
| demand deposits | accounts that permit depositors to make withdrawals at any time without penalty |
| magazines | A product most likely to be sold through several different channels of distribution |
| current employees | who a company should look to first when there are job openings |
| performance reviews | 3 things a company uses THESE for are:determine wage and salary increases,transfer or discharge employees, & plan training programs |
| new task | THIS type of purchase is when a company is buying something for the first time |
| temporary monopoly | A patent basically grants an inventor one of THESE |
| Equal Pay Act | THIS act prohibits unequal pay for men and women who are substantially doing the same work |
| State & Local | Interest earned on US Savings bonds is exempt from THESE taxes |
| marketing mix | This is composed of product, place , price, and promotion |
| venture capitalist | They may get a percentage of ownership in the company in return for their investment. |
| $15,000 | Average annual Social Security payment in 2015 |
| 5-7 | in Spain a handshakes should last about this many shakes |
| everyone | Within an organization career planning is the responsibility of ___________ |
| bonds | Long term debt capital is gained by issuing THESE |
| manufacturers | For THESE businesses the total cost of the materials, operations, and personnel used to make a product is cost of goods sold |
| $16 | If the net worth is $48,000,000 and there are 3,000,000 shares of stock outstanding, the book value of each share of stock would be what |
| information | What Knowledge workers work with |
| quality management | for THIS to succeed a company must believe that no defects are acceptable and all employees are responsible for quality |
| natural gas | THIS company would be a good example of a natural monopoly |
| costs | email lowers communication ______ |
| cafeteria plan | benefits plan that allows employees to choose their benefits |
| commission plan | Compensation plan that pays a percentage of the volume of sales for which an employee is responsible. |
| employee benefits | All forms of compensation and services provided to employees in addition to salaries and wages. |
| wage | pay based on hourly rate |
| formal training | Planned instruction with a specific curriculum and instructor. |
| performance review | The process of assessing how well employees are doing their jobs. |
| salary | Fixed amount of pay made on a regular schedule such as weekly or monthly. |
| time plan | Compensation plan that pays a certain amount of a specified period of time worked. |
| flex time | Arrangement in which employees choose their own work hours within specified limits. |
| piece rate plan | Compensation plan that pays a fixed rate for each unit produced. |
| markdown | Amount by which the original selling price is reduced before sale. |
| cash discount | Reduction in price given for paying by a certain date. |
| false advertising | Advertising that violates the law. |
| net profit | Difference between selling price and all costs and expenses. |
| corrective advertising | Advertising designed to change a false impression left by earlier misleading information. |
