COCO SOLUTIONS ACADEMIC STORE

The Biological View - Answer Studying the physical bases of human and animal behavior. Genes, brain, nervous system, and endocrine system. The Cognitive View - Answer Mental processes and language; how people think, make decisions, solve problems, remember information. The Psychodynamic View - Answer Behavior is explained in terms of past experiences and motivational forces (aggressive and sexual in nature). Unconscious thought and behavior. Sigmund Freud and Psychoanalys...

Psychodynamic - Answer Unconscious dynamics, motives, conflicts, and past experiences Behavioral - Answer Objective, observable, environmental influences on overt behavior; stimulus-response relationships and consequences for behavior Humanist - Answer Free will, self-actualization, and human nature as naturally positive and growth seeking Cognitive - Answer thinking, perceiving, problem solving, memory, language, and information processing Biological - Answer...

All Students should be assessed using: A. A Screener Tool B. A Diagnostic Assessment C. Progress-Monitoring Assessments D. Diagnostic and Progress-Monitoring Assessments E. Screener and Progress-Monitoring Assessments - Answer E. Screener and Progress-Monitoring Assessments True or False: "It is beneficial for teachers to explicitly teach changing slang to standard English." - Answer True True or False: "Reading is easier than writing." - Answer False. W...

phonology - Answer speech sound system of a language, how the sounds can be produced, sequenced, and combined to make words morphology - Answer smallest unit of meaning in a language, how the units combine to change meaning, prefixes, suffixes, base elements morpheme - Answer smallest unit of meaning phoneme - Answer smallest unit of sound semantics - Answer meanings of words, phrases, and sentences, and their relationship in a language, expressions and ...

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Name three types of internal finance and explain them briefly. - Answer PERSONAL SAVINGS RETAINED PROFITS- any profit left over once all costs have been covered and dividends paid to any shareholders SALE OF ASSETS- any assets that will no longer be needed and can be sold to generate cash Name external sources of finance. - Answer Family and friends Banks Peer to peer funding Business angels- angel investors are individuals that invest in the early stages of a business but ta...

Added Value - Answer Added value is the value of the finished output over and above the cost of achieving it i.e. the cost of inputs and transformations. Value can be added by manufacturing, branding, technology and a unique selling point. Calculated as: Selling price - cost of inputs - cost of transformation Advertising - Answer A promotional method that involves the use of media to communicate with existing and potential consumers. Media used may be wide ranging from m...

Market Share - Answer Business sales/Market sales x 100 = % Total Revenue - Answer Selling price x Quantity sold Mass Market - Answer Products aimed at a large group of buyers, with wide appeal and useful to a variety of consumers. More competition Niche Market - Answer Products aimed at a specific group of buyers, specialized to meet the particular requirements of customers Branding - Answer Creating a clear logo, name and/or statement that consumers ca...

Pull factors - Answer Factors that entice firms into new markets and are the opportunities that businesses can take advantage of when selling into overseas markets Push factors - Answer Factors in the existing market that encourage an organization to seek international opportunities Risk - Answer The probability of a (bad) event happening multiplied by its (negative) impact Saturation - Answer The point when most of the customers who want to buy a product already...

Economies of scale - Answer The reductions in average costs enjoyed by a business as output increases Diseconomies of scale - Answer Rising average costs as a business expands beyond its minimum efficient scale. Overtrading - Answer occurs when a business attempts to expand too quickly without the sufficient resources to do so, usually by accepting too many orders, thus harming its cash flow position Internal economies of scale - Answer The cost reductions enjoye...

Appreciation of a currency - Answer A rise in the value of a currency Base rate - Answer The rate of interest around which a bank structures other interest rates. Boom - Answer The peak of the economic cycle where GDP is growing at its fastest Consumer price index (CPI) - Answer A common measure of price changes used in the UK Deflation - Answer A fall in the general price level. Depreciation of a currency - Answer A fall in the value of a curre...

Entrepreneurs - Answer Individuals who, typically, set up and run a business and take the risks associated with this Intrapreneurs - Answer Employees who use entrepreneurial skills, without having to risk their own money, to find and develop initiatives that will have financial benefits for their employer Profit maximization - Answer An attempt to make as much money as possible in a given time period Profit satisficing - Answer Making enough profit to satisfy the...

Demand - Answer Consumer's desire to purchase goods/services and willingness to pay a price for a specific good or service Supply - Answer A fundamental economic concept that describes the total amount of a specific good or service that is available to consumers Demand curve - Answer A line drawn on a graph that shows how much of a good will be bought at different prices Supply curve - Answer A line which is drawn on a graph that shows how much of a good which...

Capital - Answer The money provided by the owners in a business Capital expenditure - Answer Spending on business resources that can be used repeatedly over a period of time Internal finance - Answer Money generated by the business or its current owners Retained profit - Answer Profit after tax that is 'ploughed back' into the business Revenue expenditure - Answer Spending on business resources that have already been consumed or will be very shortl...

Statement of comprehensive income (profit & loss account) - Answer A financial document showing a company's income and expenditure over a particular time period, usually one year Revenue or turnover - Answer The total income of a business resulting from sales of goods or services Gross profit - Answer The difference between revenue/turnover and cost of sales Gross profit margin - Answer Gross profit expressed as a percentage of revenue. Formula = (gross profit...

Internal finance - Answer Money generated by the business or its current owners External finance - Answer Money raised from sources outside the business Owner's Capital - Answer The money provided by the owners in a business Sale of assets - Answer when a business sells off its unwanted or unused assets to raise funds Retained profit - Answer Profit after tax that is 'ploughed back' into the business Bank overdraft - Answer An agreement...

Corporate objectives - Answer The objectives of a medium to large-sized business as a whole Departmental and functional objectives - Answer The objectives of a department within a business Mission statement - Answer A brief statement, written by the business, describing its purpose and objectives, designed to encapsulate its present operations Objective (or goal) - Answer A target of or outcome for a business that allows it to achieve its aims SMART - Answer ...

Business - Answer An organization or economic system where goods & services are exchanged for money. Private sector - Answer the part of the economy that involves the transactions of individuals and businesses Public sector - Answer the part of the economy that is controlled by the government Not for profit sector - Answer A business dedicated to furthering a particular social cause or advocation for a shared point of view Sole trader - Answer A business...

Breakeven - Answer When revenue and expenditure are the same. there is no profit or loss variable costs - Answer raw materials, change as output increases margin of safety - Answer is the amount by which sales would have to fall before the break-even point is reached total costs - Answer fixed costs plus variable costs break-even point - Answer when a business has made enough money through product sales to cover the cost of making the product selling ...

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