Business Education- Content Knowledge 5101
(2023 Update )
Communication Skills - competency most needed for success in most business
occupations
... [Show More] today
Multinational Companies - A positive trade agenda is beneficial for?
Probate Court - Deals with the legal certification of wills and the administration of
estates of the deceased.
Generation Y - Grown up with computers and the Internet playing a significant role in
their lives.
Letter - To thank a boss for allowing a person to attend a business-related seminar and
then share what that person learned from the seminar. What would be the most
appropriate form of communication?
Corporations - Require state charters and operate separately from their owners.
Joint ventures - Do not require a state charter.
Partnerships - Do not require a state charter.
Sole Proprietorships - Do not require a state charter.
The United States Treasury - Not a depository institution. It borrows the money needed
to operate the federal government from a variety of sources.
This is to protect its consumers and industries - Primary reason a country might use
import tariffs, quotas, or licensing requirements?
Grapevine - Informal channel of business communication. It is called this because it
stretches throughout an organization in all directions, irrespective of authority level.
Blog - Collaborators can leave comments but not edit the author's statements.
Wiki - Collaborators can edit the content on the site.
Blog - Organized in reverse chronological order.
Wiki - Organized using a collection of hyperlinks to other individual pages.
Blogs & Wiki - Incorporate social software allowing individuals to achieve goals as a
group.
Limited Partners - Invests capital in a business but does not participate in its
management.
General Partners - A person who joins with at least one other person to form a
business.
Stakeholders - Can affect or be affected by the organization's actions, objectives and
policies.
Shareholder - An owner of shares in a company.
Annual Rate - Charged for borrowing (or made by investing), expressed as a single
percentage number that represents the actual yearly cost of funds over the term of a
loan.
Effective Rate - Actual rate of interest received on a savings account.
Nominal Rate - The interest rate before taking inflation into account.
Periodic Rate - The interest rate charged on a loan or realized on an investment over a
specific period of time.
Cooperative Business - Belongs to the people who use it.
Franchise - Proprietary knowledge, processes and trademarks in order to allow the
party to sell a product or provide a service under the business's name.
Home-based business - Business whose primary office is in the owner's home. The
business can be any size or any type as long as the office itself is located in a home.
Limited liability company - Is a business structure that combines the pass-through
taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Carl D. Perkins Vocational and Technical Education Act - In 1917, federal legislation
provided funding for vocational student organizations. Which of the following legislative
acts primarily continues that funding?
The Vocational Education Act of 1917 (also known as the Smith-Hughes Act) - In 1917,
federal legislation provided funding for vocational student organizations. What was the
funding law?... [Show Less]