Which of the following people would tend to favor a communist economy? John
wants to live in a country with low marginal tax rates.
Robin wants to live in a country that encourages rapid economic growth.
Liz wants to live in a country where the government
The markets for laundry detergents, soft drinks, and automobiles are
dominated by just a few sellers. Economists would classify these markets as
examples of:monopolistic competition.
An oligopoly is a form of
Retired people will be draining the U.S. economy of wealth. This is due to: the
fact that most have smoked all their lives and now are unwilling to pay for health care in
order to stay alive.
the fact there are not enough workers in subsequent generations
Entrepreneurs weigh the differences between the benefits of starting a
business and those things that they are likely to forego because they choose
to work for themselves. Such things they are likely to pass up on are: the
freedom to make their own decisi
Which of the following would be a topic emphasized in a microeconomics
class?How a nation's GDP is computed.
The reasons why the unemployment rate for the economy is rising or falling.
How market conditions determine the price of a specific product.
When corruption is present in the business environment: company leaders can
threaten competitors and minimize competition.
factories are easier to build without a government permit.
it promotes fair competition.
laborers can make more money.
During the recent economic crisis, Presidents George W. Bush and Barack
Obama increased government spending by trillions, in order to revive the
ailing economy. Their strategy followed the economic theory known
As the term "global" becomes "local," and as we see more opportunities to
compete in the global market,the long-term trend is for most nations to
operate as mixed economies.
disagreements about the best economic system to embrace will cause many nations t
Which of the following is an advantage of utilizing technology? Technology
increases the cost of production.
Technology reduces the need for a marketing plan.
Management becomes isolated from the demands of stakeholders.
War and terrorism in many parts of the world should lead to _. an decrease in
consumers spending more because they feel more patriotic
an increase in prosperity and peace throughout the world
consumer and economic hardship due to increased
As you consider the factors of production, which of the following did
management theorist Peter Drucker believe to be one of the most important
contributing factors to increasing our nation's wealth? Land
According to the late Pete
12 Months Ended
Dec. 31, 2015
Document and Entity Information Document - USD ($)
Entity Information [Line Items]
Entity Registrant Name
Entity Central Index Key
Current Fiscal Year End Date
Entity Filer Category
Document Period End Date
Introduction to Music
Prof. Neil Haiduck
1. Artist: Marek Grechuta
Title: Nie Dokazuj
Album: Marek Grechuta & Anawa
Written by: Marek Grechuta
Music by: Jan Kanty Pawlukiewicz
Genre: Sung poetry
Label: Polskie Nagrania Muza
Prof. Mary Ryan
Intermediate Accounting I
2. End of the 2015
Earnings per share = 1.69
Working Capital = 6465
Current Ratio = 1.24
Quick Ratio = 0.73
Receivables Turnover = 11.24
Days in Receiva
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions
Cash and cash equivalents
TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
Trade accounts receivable, less allowances of $352 and $331,
1. What are the primary benefits and drawbacks of the elliptical bike?
The primary benefits are that it can be used by people who have some problems with their health,
because this product does not put a lot of pressure on our body. It can be used outdoor
As of December 2015
1 Earnings Per Share
Net Income - Preferred Dividends
Average Common Shares Outstanding
2 Working Capital
Current Assets - Current Liabilities
Debiting an Account Narrator: Here is an example of debiting an account.
Crediting an Account Narrator: Here is an example of crediting an account.
Debiting and Crediting an Account Narrator: Here is an example of an account with a debit
Forms of Business Organization
Study Objective 2 Narrator: Study Objective 2.
Users of Financial Information Narrator: The primary function of accounting is to provide financial
information for decision making. The users of financial information fall into
Stockholders Equity Relationships Narrator: Recall from Chapter 1 that dividends, revenues, and
expenses are eventually transferred to Retained Earnings at the end of a reporting period. As a
result, a change in any one of these three items affects stockh
Study Objective 3 Narrator: Study Objective 3.
Debits and Credits Narrator: The term debit means left and credit means right,
respectively. The act of entering an amount on the left side of an account is called debiting the
account and making an entry on
Question 1. Given that a strong management team nurtures a good business idea and helps
provide the necessary resources to make it succeed. Secondly, the skills of management team
members should complement each other, forming an optimal combination of edu
1. Do you consider Numis relationships with its producers as important to its marketing as
the relationships with its customers?
In my opinion it is important that all the relationship in the business are very important and
have a huge influence on how th
1. Why is important to consider an entrepreneur's personal finances when conducting the
short- and long-term financial forecast of a firm?
It is important to consider an entrepreneur's personal finances when conducting the short and
long-term financial fo
1. Explain the purposes of the income statement and balance sheets
The income statement shows the amount of profits or losses generated by a firm over a given
period of time, usually monthly, quarterly, or yearly. It presents sales revenue, cost of goods
A small firm that provides substantial profits to its owner.
Doing more with less in terms of resources invested in a
business, and, where possible, controlling the resources
without owning them.
The Marketing Plan
CHAPTER 7 LECTURE NOTES
Describe small business
What is small business marketing?
Present the text definition of small business