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Introduction to Business Administration

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Business - correct answer Any activity that seeks to provide goods or services while operating at a profit. Revenue - correct answer The total amount of money a business takes in during a given period of time by selling goods and services. Profit - correct answer The amount of money a business earns beyond what it spends for salaries and other expenses. Risk - correct answer The chance an entrepreneur takes of losing time and money on a business that may not prove profitable. Reward ...

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  • by STARLETSCORE • 
  • uploaded  04-09-2023
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BTEC L3 Information Technology Unit 1 - Exam Theory

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Multifunctional Devices - correct answer Devices that can perform multiple functions. Personal Computers - correct answer Small, inexpensive computers for use by individual users. Mobile Devices - correct answer Smartphones and tablets are made with portability in mind to give people computer and internet access whilst on the go. Servers - correct answer Powerful computers that provide services to other computers connected to a network. Entertainment Systems - correct answer ...

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  • Exam (elaborations)
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  • uploaded  04-09-2023
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Level 3 Business Administration

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What is defined as "a statement of the assets, liabilities (funds owed by the business), and capital of a business or organisation at a particular point in time, detailing the balance of income (money received) and expenditure (money spend) over the preceding period"? - correct answer balance sheet The following are all ways an organisation can _____________? - to realise or make unused assets work (e.g. renting out unused premises) - to implement rigorous procedures for obtaining paymen...

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ICT- Unit 1 Level 3 BTEC

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Application Software - correct answer Application software is what allows the end user of an IT system to perform taks productivity software - correct answer Productivity software is used to allow users to perform their work-based tasks more efficiently E.g. Word processing/Spreadsheet/Database/Presentation Graphics and Multimedia Software - correct answer Graphics and Multimedia software is used to produce graphics and multimedia products on your computer system E.g. CAD/graphics edi...

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  • uploaded  04-09-2023
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Business BTEC - Unit 3 - Learning Aim C

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Purposes of accounting an organization - correct answer - Needs to be Recorded - Management of Business - Compliance - Measuring Performance - Control double-entry bookkeeping - correct answer the practice of writing every business transaction in two places Where are income and expenses summarised? - correct answer Profit and Loss Statement Where are assets and liabilities summarised? - correct answer Balance Sheet Revenue Income - correct answer Income that is related to th...

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Business Management and Administration terminology

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project - correct answer something that is carefully planned an designed to achieve a specific goal embargo - correct answer an official ban on trade or other commercial activity with a particular country. import - correct answer goods and services brought from other countries business analysis - correct answer reviewing business practices to enable change Business Risk - correct answer The possibility that a company will have lower than anticipated profits Information Manage...

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BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM

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1. One of the main functions of the legal procedure is to A. establish laws. B. enact legislation. C. resolve disputes. D. dissolve businesses. - correct answer C 2. Marsha wants to invest her savings in a business. However, she wants to protect all of her personal assets. Which type of business ownership would be most appropriate for Marsha? A. Sole proprietorship B. Franchise C. Partnership D. Corporation - correct answer D 3. Which of the following statements regarding compan...

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Business Management and Administration

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Aviation, taxation, and commerce are categories of ____________ law. - correct answer Administrative Before you can perform new tasks, you should first read the instruction manual so you can - correct answer Follow the written directions in the proper sequence One way for an audience to show that it supports a speaker's opinion is by ____________ the speaker. - correct answer Applauding What communication style is most appropriate to use when you are providing a friend with personal...

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Business Administration terminology

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Business - correct answerany activity that provides goods and services in an effort to earn a profit Profit - correct answerrevenue - expenses = Profit (or loss) Loss - correct answerWhen a business incurs expenses that are greater than its revenue Entrepreneurs - correct answerpeople who risk their time, money, and other resources to start and manage a business Standard of Living - correct answerthe quality and quantity of goods and services available to a population Quality of L...

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Pro Tools 101 Certification

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hat types of products does the AIR Software Group specialize in? Innovative plug-ins for ProTools Examples of AIR plug-ins: Virtual instruments; Air Creative collection; Structure What is the frequency range of human hearing? 20 Hz to 20 kHz What does the frequency of a sound wave affect in terms of how we perceive the sound? Frequency affects pitch How is frequency measured? Cycles per second (CPS) or Hertz (Hz) What does the amplitude of the sound wave a...

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