Business admin vocab Study guides, Class notes & Summaries

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...

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...

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...

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)

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 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+

WGU D075 Information Technology Management Essentials;Western Governors University Business Admin IT Class Vocab for JZV1

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...