Business admin vocab Study guides, Class notes & Summaries
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![WGU C182 Introduction to IT (v3), top Exam Review, 100 % Accurate, verified](/docpics/641cc19a11bc3_2508557.jpg)
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WGU C182 Introduction to IT (v3), top Exam Review, 100 % Accurate, verified
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WGU C182 Introduction to IT (v3), top Exam Review, 100 % Accurate, verified 
Western Governors University Business Admin Vocab & Study Guide for GSC1 
 
hardware, software, and users. 
Information Technology has three main components: 
the task of gathering data and processing it into information, the ability to disseminate information using technology, the technology itself that permits these tasks, and the collection of people who are in charge of maintaining the IT infrastructure (the compute...
![WGU D076 Finance Skills for Managers(Western Governors University Business Admin Finance Class Vocab for KRV1)2022](/docpics/637435d8b20a1_2109417.jpg)
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WGU D076 Finance Skills for Managers(Western Governors University Business Admin Finance Class Vocab for KRV1)2022
- Exam (elaborations) • 31 pages • 2022
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Accounting 
The system of recording, reporting, and summarizing past financial information and transactions. 
 
 
 
Accounts Receivable Turnover (AR Turnover) 
An activity ratio found by credit sales divided by accounts receivable. 
 
 
 
Activity Ratios 
A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. 
 
 
 
Additional Funds Needed (AFN) 
Another name for the discretionary financing nee...
![WGU C236 Compensation and Benefits(Western Governors University Business Admin Class Vocab & Study Guide for HHC1)2022](/docpics/637446b7f20ec_2109505.jpg)
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WGU C236 Compensation and Benefits(Western Governors University Business Admin Class Vocab & Study Guide for HHC1)2022
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Absolute Level 
The reward can be defined. Paying an employee $50,000 salary per year, for example, is a defining absolute level. 
 
 
 
Administrative 
Pertaining to the activities of running an organization or a business. 
 
 
 
Anchored Rating Scale 
Uses examples or definitions of typical behaviors to define each point along the scale. 
 
 
 
Autonomy 
Giving employees discretion in choosing what to do and how to do it. 
 
 
 
Bad Data Challenge 
Exists because the data a company obtains abo...
![WGU D075 Information Technology Management Essentials(Western Governors University Business Admin IT Class Vocab for JZV1)](/docpics/6355acbc6ed70_2051425.jpg)
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WGU D075 Information Technology Management Essentials(Western Governors University Business Admin IT Class Vocab for JZV1)
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Adware 
Programs that automatically display or download advertising to a computer. 
 
 
 
Application Software 
Software that is designed for the user to carry out a specific task. 
 
 
 
Best Practice 
A management process, technique, or method that is most effective at arriving at a desired outcome or a better outcome than any other process, technique, or method. 
 
 
 
Big Data 
Data that is collected from all over the internet, including smartphone metadata, internet usage records, social me...
![WGU D080 Managing in a Global Business Environment (Business Admin Vocab & Study Guide for HSO1)](/docpics/642fe136928c1_2564701.jpg)
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WGU D080 Managing in a Global Business Environment (Business Admin Vocab & Study Guide for HSO1)
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WGU D080 Managing in a Global Business Environment (Business Admin Vocab & Study Guide for HSO1)
![WGU D080 Managing in a Global Business Environment(Western Governors University Business Admin Vocab & Study Guide for HSO1)](/docpics/6355b0b7dac57_2051438.jpg)
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WGU D080 Managing in a Global Business Environment(Western Governors University Business Admin Vocab & Study Guide for HSO1)
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The key element of globalization is interdependence and interconnectedness among companies and countries around the globe. Globalism is characterized by an increasing number of worldwide connections, rapid and discontinuous change, an increasing number of diverse participants, and growing complexity. 
What is globalization? 
 
 
 
economic: developed economies integrating with developing countries through foreign direct investment, lowering the costs of doing business, reducing trade barriers, a...
![WGU D075 Information Technology Management Essentials;Western Governors University Business Admin IT Class Vocab for JZV1](/docpics/6457edb8e8c43_2710118.jpg)
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WGU D075 Information Technology Management Essentials;Western Governors University Business Admin IT Class Vocab for JZV1
- Exam (elaborations) • 15 pages • 2023
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WGU D075 Information Technology Management Essentials;Western Governors University Business Admin IT Class Vocab for JZV1 
 
Adware 
Programs that automatically display or download advertising to a computer. 
Application Software 
Software that is designed for the user to carry out a specific task. 
Best Practice 
A management process, technique, or method that is most effective at arriving at a desired outcome or a better outcome than any other process, technique, or method. 
Big Data 
Data tha...
![WGU D075 INFORMATION TECHNOLOGY MANAGEMENT ESSENTIALS WESTERN GOVERNORS UNIVERSITY BUSINESS ADMIN IT CLASS VOCAB FOR JZV1 VERIFIED SOLUTION GRADED A+](/docpics/63c6520344ee9_2265650.jpg)
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WGU D075 INFORMATION TECHNOLOGY MANAGEMENT ESSENTIALS WESTERN GOVERNORS UNIVERSITY BUSINESS ADMIN IT CLASS VOCAB FOR JZV1 VERIFIED SOLUTION GRADED A+
- Exam (elaborations) • 35 pages • 2023
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WGU D075 INFORMATION TECHNOLOGY MANAGEMENT ESSENTIALS WESTERN GOVERNORS UNIVERSITY BUSINESS ADMIN IT CLASS VOCAB FOR JZV1 VERIFIED SOLUTION GRADED A+
![WGU D075 Information Technology Management Essentials;Western Governors University Business Admin IT Class Vocab for JZV1](/docpics/63b8a527c16da_2230037.jpg)
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WGU D075 Information Technology Management Essentials;Western Governors University Business Admin IT Class Vocab for JZV1
- Exam (elaborations) • 17 pages • 2023
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WGU D075 Information Technology Management Essentials;Western Governors University Business Admin IT Class Vocab for JZV1
![WGU D076 Finance Skills for Managers(Western Governors University Business Admin Finance Class Vocab for KRV1)2022](/docpics/6370d230b5c33_2103167.jpg)
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WGU D076 Finance Skills for Managers(Western Governors University Business Admin Finance Class Vocab for KRV1)2022
- Exam (elaborations) • 32 pages • 2022
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Accounting 
The system of recording, reporting, and summarizing past financial information and transactions. 
 
 
 
Accounts Receivable Turnover (AR Turnover) 
An activity ratio found by credit sales divided by accounts receivable. 
 
 
 
Activity Ratios 
A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. 
 
 
 
Additional Funds Needed (AFN) 
Another name for the discretionary financing nee...
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