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Baylor Bus 1201 Exam 1 Questions & Answers 2024/2025 $7.99   Add to cart

Exam (elaborations)

Baylor Bus 1201 Exam 1 Questions & Answers 2024/2025

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Baylor Bus 1201 Exam 1 Questions & Answers 2024/2025 interpersonal skills - ANSWERSworking with people and clients analytical skills - ANSWERSable to identifying problems and coming up with solutions technical skills - ANSWERSbeing able to do the job conceptual skills - ANSWERSvisuali...

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  • October 14, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Baylor Bus 1201
  • Baylor Bus 1201
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Baylor Bus 1201 Exam 1 Questions &
Answers 2024/2025

interpersonal skills - ANSWERSworking with people and clients



analytical skills - ANSWERSable to identifying problems and coming up with solutions



technical skills - ANSWERSbeing able to do the job



conceptual skills - ANSWERSvisualizing the entire organization and work with ideas



profit - ANSWERSsale revenues expenses



sale revenue - ANSWERSmoney brought in from sale of goods and services "top line"



expenses - ANSWERScost of hiring resources



profits - ANSWERS"bottom line"



bottom line - ANSWERSnet income



top line - ANSWERSgross sales and revenues



resources - ANSWERSfactors of production, things needed to produce goods



land - ANSWERSnatural resources

, labor - ANSWERSworking for a wage



physical capital - ANSWERSman made goods used to produce other good and services



human capital - ANSWERSknowledge, skills, and abilities that make us productive e



entrepreneurial ability - ANSWERScreative, risk taker



corporation - ANSWERSact as an individual, legal entity, liability is separate from owners



partnerships - ANSWERStwo or more individuals team up to start a business



sole proprietorship - ANSWERSbusiness begun by a single individual



hybrids (LLCs&s-Corps) - ANSWERSare a cross between proprietorships and corporations



ethics - ANSWERSa set of moral principles and values that determines how we treat each other and how
we conduct business



values - ANSWERSare personal, deeply held beliefs that are formed from family, religion, ethic
background, peer groups



individually determined - ANSWERSpersonal valies, goals, amount of information



social factors - ANSWERScultural norms, actions of co workers, values of family members, media and
social media



volunteerism - ANSWERSas a firm or send employees



philanthropy - ANSWERScontribute ti charity, corporate sponsorship

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