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
