Principles of Strategic Communication final Iowa

a corporation is a separate entity from its owners where the

articles of incorporation are not required to set up the company

a group of five people wants to start a limited liability company in their city. the group files a document

articles of organization

in the context of balance sheets, resources owned by a firm are known as

assets

in the context of balance sheets, accounts receivable is an example of

current assets

pro corp. and darths inc. are two companies that are identical in every aspect except for the fact that Pro only uses equity

darths would report a higher return on equity than pro

in financial management, risk is referred to as the

degree of uncertainty about the actual outcome of a decision

___ is a vibrant, compelling presentation style that grabs and holds the attention of the audience

dynamic delivery

brestine inc., a European multinational corporation, wants to expand its customer base and decides to target the Asian market

economic differences

in the context of financial budgets, the capital expenditure budget

identifies a firm's planned investments

in the context of active listening, one of the to do's for better listening is the use of ___

nonverbal communication

a steel manufacturing company is going through a financial crisis because of which it is unable to pay its employees

operating activities

mewpeth, an asian nation, is the world's largest producer of cotton. the country

opportunity cost

the employees of marconium inc. often feel that they cannot comment on the management of the company

organizational barrier

in the context of balance sheets, retained earnings are a major component of the ____

owner's equity

erika has an upcoming meeting with a client from whom her firm expects ample number of projects soon

perceptual emotions

the Fed:

performs banking services for commercial banks in districts where it operates

nuno owns a recording studio with high-quality equipment. he allows artists to schedule sessions based on their schedule

providing personal customer service

real gross domestic product measures the total value of final goods and services

recession

a project with a negative net present value should be

rejected since the expected future cash flows from the project are less than the cost of the investment

a small-cycle consulting firm in Hawaii was struggling financially because it was unable to generate enough capital

relationship era

the preparation of operating budgets begins with the development of a(n)

sales budget

svelter corporation does not face the problem of double taxation as the Internal Revenue Service (IRS) does not tax

S corporation

which of the following is a difference between inflation and deflation

a high level of inflation is bad for the economy, whereas a high level of deflation signifies a healthy economy

nessi bru, an american construction firm, and west brook inc., a canadian construction firm, collaborated on an

a joint venture

grettzee, a musical instruments manufacturing company, imports high-quality maple wood from a south

access to factors of production

fabotels is a hotel aggregator that buys budget hotels that succumb to financial losses and then refurbishes

acquisition

_____ is a form of communication that does not involve the use of words

active listening

in the context of entrepreneurs, which of the following statements is a difference between an internal locus

an internal locus of control involves personal responsibility, whereas an external locus of control does not

in the event that a large company has to downsize, the middle-aged workers who are laid off find it difficult to find

are called necessity entrepreneurs

marcus is a venture capitalist who invests in start-ups and small businesses. he is interested in investing

balance sheet

The three kinds of basic financial statements that are prepared in financial accounting are:

balance sheet, income statement, and statement of cash flows

the united states goes through a period of recession becuase of the continuous decreAse in the nation's gross domestic

banks obtaining funds at a lower cost

in the context of communication channels, which of the following is a similarity between memos and email

both can be used when your content in uncontroversial

dylan is a supervisory manager in the production department of a tea manufacturing company. each year,

bottom-up approach

a ___ can help a firm evaluate how much internal financing (funds generated by earnings)

budgeted income statement

___ is a management tool that explicitly shows how a firm will acquire and use the resources

budgeting

razak's, a popular chain of fast-food restaurants in the middle east, plans to expand its market in Asia and signs

business format franchise

roggenok, a textile company, owns 15 factories that produce clothing. the company has 1500

capital

angorasia, an asian country, supports a free market system. the flexible economy of the country makes

capitalism

rochester, an asian country, follows an economic system that facilitates private ownership. the country's economy is

capitalism

conall is appointed by a nine-member board of directors of a real estate company to manage the company on a daily

chief executive officer

in the context of the core values identified by the character counts organization, being honest, not deceiving

citizenship

samuel has an innovative idea for better disposal of garbage. hence, he starts

energy

judith plans to start a prosthetic (artificial body parts) company to help physically challenged

entrepreneurship

russia and china are both rich in natural resources and human resources, and both countries have a solid

entrepreneurship

the management of a steel manufacturing company decides to set up a new plant in a rural are. this will result

ethical dilemma

Loren LLC is a small bicycle store that competes effectively with much larger companies as its focus lies

exploited a small but profitable market niche

rahul owns a guitar store that is famous for customizing guitars. from choosing the wood for

exploiting market niches

maurio inc. a publishing house, wants to invest in digital publishing

factoring

People with an external locus of control

feel buffeted by forces such as random luck

financial managers use ___ to assess the financial strengths and weaknesses of their firm

financial ratio analysis

which of the following is a duty of a socially responsible organization toward its customers

following laws that prevent anticompetitive behavior such as predatory pricing

melvin is the co-owner of a gadget store. unlike his partner who only provides monetary support to the business

general partner

robert started his company in his parents' garage because he could not afford to rent an office space

having lower overhead costs

richard is a wealthy and successful businessman who is well known for financing many successful start-ups.

he is an angel investor

compared to the united states, china and india have

higher gross domestic product growth rates

which of the following is an example of a nonprofit org

hollorg, a community museum that is funded by a trust and is free for public use

which of the following statements is true of activity-based costing (ABC)?

it is more complex than the direct labor method

In the context of fundamental principles of a free market system, which of the following statements is true of a supply curve?

it shows the relationship between price and quantity from a customer standpoint

initiatium, a software development firm, utilized $2 million to create a new software

leverage ratios

which of the following is a difference between liquidity ratios and leverage ratios

liquidity ratios measure how effectively a firm uses its assets to generate revenue, whereas leverage ratios compare the

technological tools such as the Internet and email have

made it easy for small business owners to manage their firms on the go

in the context of the fundamental principles of a free market system, which of the following statements is true of

market prices adjust toward the point where the supply curve and the demand curve intersect

alpha inc. saw an increase in profits in the previous year following which the management decided

meet the company's long-term financial needs

felix lost his job at an investment firm because of downsizing during a period of recession. to keep himself

survival

David is the chief executive officer of Grand Rocks Mining Company. He has convinced the company's board of directors to implement a change in the mining procedure. According to the new procedure suggested by David, less resources will be exhausted. This will ensure that the ability of future generations to meet their needs is not harmed because of shortage of natural resources. By agreeing to David's suggestion, Grand Rocks has embraced the idea of _____.

sustainable development

wichasa, an african country, exports barley and cotton worth $100 million to Illema

the balance of trade

Chargon Flasks, a restaurant specializing in Asian cuisine, focuses solely on customer satisfaction

the competitive environment

as the recession of 2007-2008 loomed over both large and small

the firms replaced much of the debt in their capital structure with equity

To strike the right tone while writing a business message, it is suggested that an individual:

uses the active voice to facilitate concise communication

which of the following is a function of the international monetary fund (imf)

using resources efficiently on a worldwide basis

which of the following is a powerful contribution made by small businesses to the US economy

vitalizing inner cities

in the context of ethics and social responsibility in the global arena, which of the following statements is true

when deciding living wages, companies must bring together their own values with the laws of both the United States and their host

yanmei, an employee at a news agency, learns that the reason her colleague was asked not to pursue a

whistle-blower

mavin is the regional manager of crustie MEx, a packaged food company

workforce advantage