MCEC - Marketing Cluster 2

An advantage to retailers of offering credit is that credit customers:

Often buy impulse items more freely

What is an example of a response to a difficult situation that would damage your professional image?

Using inappropriate language

What could make it difficult for you to believe that your needs are as important as the needs of others?

You are often around aggressive people

Businesses should view negotiation as a way to?

Build strong relationships

What is considered an external cause of business cycles:

Climatic Changes

A commission or bonus is an example of a form of?

Compensation

Levels of inflation and unemployment are factors that affect __________ in the world market.

Competition

When employees' personal interests become more important than achieving the company's overall goals, informal political relationships might form, which often cause organizational _________.

Conflict

A nation's currency exchange rate is likely to increase when?

Consumer confidence is high

Accounting computer software programs increase the efficiency of accounting activities because they are used to:

Create invoices and record customer payments

Which of the following coaching characteristics means that you are willing to admit your mistakes?

Humility

According to the Keynesian theory of unemployment, the best solution for unemployment is to?

Increase Demand

A manager looks at financial information to see if the company can afford to purchase a popular new item it wants to add to its shelves. This is an example of using financial information to?

Increase Sales

Matthew and Miranda are equal partners in a small consulting firm. They have allocated eight percent of last year's profits to make business improvements. Matthew wants to purchase a new copy machine, while Miranda would rather paint the building and make it look more inviting to their clients. What is the reason for Matthew and Miranda's conflict?

Limited Resources

Knowing your personal strengths and weaknesses helps you to?

Make informed decisions about your future.

Shayla has a coworker who is from another country. Shayla and her coworker also have different religious backgrounds. What actions should Shayla take?

Accept her coworker and learn about her coworkers religion

A responsible employee is one who is able to __________ his/her mistakes.

Admit

What form of currency is issued by the federal government?

Paper Money

Each year, Marla must pay a certain percentage of the value of her home to the local government. Which of the following is the tax liability Marla is responsible for paying:

Property

What is categorized as owner's equity on a company's balance sheet:

Retained Earnings