Business Education: Content Knowledge 5101 Study Guide
Test.
1. Communicatio
competency most needed for success in most business occupations
n Skills
today
2. Multination
al
A positive trade agenda is beneficial for?
Companies
3. Probate Court Deals with the legal certification of wills and the administration of estate
of the
deceased.
4. Generation Y Grown up with computers and the Internet playing a significant role in
their
lives.
5. Letter To thank a boss for allowing a person to attend a business-related
seminar and
then share what that person learned from the seminar. What would be the
most appropriate form of communication?
6. Corporations Require state charters and operate separately from their owners.
7. Joint ventures Do not require a state charter.
8. Partnerships Do not require a state charter.
9. Sole industries
Proprietor-
ships
10. The United
States Treasury
11. This is to
protect its
consumers and
, Business Education: Content Knowledge 5101 Study Guide
Test.
Do not require a state charter. borrows the money needed to operate the federal government from a
variety of sources.
Not a depository institution. It Primary reason a country might use import taritts, quotas, or licensing
require- ments?
12. Grapevine Informal channel of business communication. It is called this because it
stretch-
es throughout an organization in all directions, irrespective of authority
level.
, Business Education: Content Knowledge 5101 Study Guide
Test.
13. Blog Collaborators can leave comments but not edit the author's statements.
14. Wiki Collaborators can edit the content on the site.
15. Blog Organized in reverse chronological order.
16. Wiki Organized using a collection of hyperlinks to other individual pages.
17. Blogs & Wiki Incorporate social software allowing individuals to achieve goals as a
group.
18. Limited Partners Invests capital in a business but does not participate in its management
19. General Partners A person who joins with at least one other person to form a business.
20. Stakeholders Can attect or be attected by the organization's actions, objectives and
policies.
21. Shareholder An owner of shares in a company.
22. Annual Rate Charged for borrowing (or made by investing), expressed as a single
percent-
age number that represents the actual yearly cost of funds over the term
of a loan.
23. Effective Rate Actual rate of interest received on a savings account.
24. Nominal Rate The interest rate before taking inflation into account.
25. Periodic Rate The interest rate charged on a loan or realized on an investment over a
specific
period of time.
26. Cooperative Belongs to the people who use it.
Busi- ness
27. Franchise Proprietary knowledge, processes and trademarks in order to allow the
party to
Test.
1. Communicatio
competency most needed for success in most business occupations
n Skills
today
2. Multination
al
A positive trade agenda is beneficial for?
Companies
3. Probate Court Deals with the legal certification of wills and the administration of estate
of the
deceased.
4. Generation Y Grown up with computers and the Internet playing a significant role in
their
lives.
5. Letter To thank a boss for allowing a person to attend a business-related
seminar and
then share what that person learned from the seminar. What would be the
most appropriate form of communication?
6. Corporations Require state charters and operate separately from their owners.
7. Joint ventures Do not require a state charter.
8. Partnerships Do not require a state charter.
9. Sole industries
Proprietor-
ships
10. The United
States Treasury
11. This is to
protect its
consumers and
, Business Education: Content Knowledge 5101 Study Guide
Test.
Do not require a state charter. borrows the money needed to operate the federal government from a
variety of sources.
Not a depository institution. It Primary reason a country might use import taritts, quotas, or licensing
require- ments?
12. Grapevine Informal channel of business communication. It is called this because it
stretch-
es throughout an organization in all directions, irrespective of authority
level.
, Business Education: Content Knowledge 5101 Study Guide
Test.
13. Blog Collaborators can leave comments but not edit the author's statements.
14. Wiki Collaborators can edit the content on the site.
15. Blog Organized in reverse chronological order.
16. Wiki Organized using a collection of hyperlinks to other individual pages.
17. Blogs & Wiki Incorporate social software allowing individuals to achieve goals as a
group.
18. Limited Partners Invests capital in a business but does not participate in its management
19. General Partners A person who joins with at least one other person to form a business.
20. Stakeholders Can attect or be attected by the organization's actions, objectives and
policies.
21. Shareholder An owner of shares in a company.
22. Annual Rate Charged for borrowing (or made by investing), expressed as a single
percent-
age number that represents the actual yearly cost of funds over the term
of a loan.
23. Effective Rate Actual rate of interest received on a savings account.
24. Nominal Rate The interest rate before taking inflation into account.
25. Periodic Rate The interest rate charged on a loan or realized on an investment over a
specific
period of time.
26. Cooperative Belongs to the people who use it.
Busi- ness
27. Franchise Proprietary knowledge, processes and trademarks in order to allow the
party to
