Exam (elaborations)
Troy BUS 6600 questions and answers graded A+ 2024/2025
- Course
- Institution
Troy BUS 6600 questions and answers graded A+ 2024/2025
[Show more]
Content preview
Troy BUS 6600Business - ANSany pastime that seeks to offer items and services to others whilst working at a
profit
commercial enterprise surroundings - ANSthe surrounding factors that either help or prevent the
development of organizations
weather trade - ANSa change within the planet's temperature over time
database - ANSa series of organized data that lets in get right of entry to, retrieval, and use of
information
Demography - ANSThe scientific examine of populace characteristics.
E-trade - ANSthe shopping for and promoting of goods over the net
Entrepreneur - ANSA individual who risks money and time to start and manipulate a enterprise
Empowerment - ANSgiving employees the authority to correct a trouble without first checking
with control
elements of manufacturing - ANSthe sources which can be used to create wealth
goods - ANSItems purchased to meet needs and wants
Greening - ANSthe trend toward saving electricity and generating merchandise that reason
much less harm to the environment
identity theft - ANSThe forging of a person's identity for the motive of fraud
loss - ANSwhen a commercial enterprise's prices are more than its revenues
non-profit agency - ANSan company whose desires do now not encompass creating a private
earnings for its owners or organizers
outsourcing - ANSContracting with other agencies (often in other nations) to do a little or all the
features of a company, like its production or accounting tasks.
Productivity - ANSThe value of a particular product compared to the quantity of exertions had to
make it.
,Income - ANSThe monetary benefit made in a transaction
pleasant of existence - ANSthe wellknown of health, consolation, and happiness skilled by way
of an man or woman or institution.
Revenue - ANSincome
threat - ANSDegree of uncertainty of go back on an asset; in business, the probability of loss or
decreased earnings.
Offerings - ANSintangible merchandise
stakeholders - ANSAll the individuals who stand to benefit or lose via the policies and sports of
a business and whose worries the business needs to cope with.
Standards of dwelling - ANSthe amount of goods and services humans can buy with the cash
they've
business cycle - ANSperiodic growth and contraction of the financial system
Capiltalism - ANSan financial gadget in which the factors of manufacturing and distribution are
privately owned and operated for a earnings
command financial system - ANSAn economic machine wherein the government controls a
country's economic system.
Communism - ANSA principle or gadget of social employer primarily based at the retaining of all
belongings in not unusual, real possession being ascribed to the network as an entire or to the
nation.
Consumer Price Index (CPI) - ANSmonthly information that degree the tempo of inflation or
deflation
center inflation - ANSCPI minus food and electricity expenses
deflation - ANSA situation wherein fees are declining
call for - ANSConsumer willingness and potential to buy products
melancholy - ANSA length of low monetary hobby and growing unemployment
Disinflation - ANSa situation wherein price will increase are slowing (the inflation charge is
declining)
, Economics - ANSThe look at of ways humans are searching for to meet their want and desires
through making picks
economic coverage - ANSGovernment coverage that tries to control the financial system by way
of controlling taxing and spending.
Free market economy - ANSCapitalism, personal possession regulation of supply and call for
Gross Domestic Product (GDP) - ANSA measurement of the entire items and services produced
within a country.
Gross Output (GO) - ANSA measure of overall income extent in any respect degrees of
manufacturing
Inflation - ANSA fashionable and modern increase in fees
invisible hand - ANSterm economists use to explain the self-regulating nature of the
marketplace
Keynesian economics - ANSTheory based totally at the standards of John Maynard Keynes,
pointing out that authorities spending should growth in the course of enterprise slumps and be
curbed throughout booms.
Macroeconomics - ANSThe study of the economic system as an entire
marketplace price - ANSthe fee determined by means of deliver and demand
Microeconomics - ANSThe have a look at of the way households and corporations make
alternatives, how they have interaction in markets, and how the government tries to influence
their choices.
Blended economic system - ANSmarket-based totally economic device with restricted
government involvement
financial policy - ANSGovernment policy that attempts to control the financial system by way of
controlling the cash supply and consequently hobby prices.
Monopolistic opposition - ANSa market structure wherein many organizations promote
merchandise which are comparable however not equal
Monopoly - ANSA marketplace in which there are numerous shoppers however most effective
one seller.
National debt - ANSThe sum of government deficits over time.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Legitexams. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
84146 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now