TESTSOLVER9 STORE

Which task might use a checklist as a quality control technique? - Answer Verify Requirements ______________________ are autonomous groups of people under management of a single individual or board working towards common goals or objectives. - Answer Organizations _______________ requirements describe the behaviors, operations and information that a solution will manage. - Answer Functional Anyone with a vested interest in your project. - Answer Stakeholder __...

limited liability - Answer the owners liability for debts is limited (usually to how much they have invested) unlimited liability - Answer the owners liability for debts is unlimited, their personal assets might be at risk if the business cant pay its debts sole traders - Answer 1 person running their own business have unlimited liability (usually small and easy to set up as low regulations) partnerships - Answer 2 plus people unlimited liability and not allwe...

A business owned by two or more persons who have unlimited liability is called a A. sole proprietorship. B. corporation. C. cooperative. D. general partnership. - Answer D. general partnership Which of the following statements contains the most relevant information to include in a business report about the specific market share of computer manufacturers during a particular time frame: A. Apple Computers held the fifth highest share of the computer market in 2014. B. In 2014, Hewl...

Terminologies: Liabilities - Answer Financial Expense or Amount Owed Terminologies: Expense - Answer The cost incurred or required for something Terminologies: Cash Flow - Answer The amount of cash flowing in/out of a business Terminologies: Assets - Answer Things owned by the business. Examples are cash, property, vehicles and equipment Terminologies: Gross Profit - Answer The difference in money between the sale and the cost of the sale. AKA Net Sales ...

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Event Management - Answer The planning, organizing, execution, and evaluation of sport-related events * Venues * Rules * Event Setup * Common Practices - Answer Sports events are unique in that every SPORT is different in terms of: * Region to Region * Country to Country - Answer Even some events in the same sport are very different from: * Special Events * Event Bids * Recurring Events - Answer Three types of sports events? * New Events * Existing Even...

Employees - Answer regular, typically full-time and paid workers consultants - Answer Short-or long-term paid (part or full-time) workforce members secondees - Answer Short-or long-term workforce members paid by their originating employer contract workers - Answer Short-term, paid workforce members volunteers - Answer Short-or long-term unpaid workforce members egoistic motivation - Answer tangible or intangible gains focused on the ego (e.g., ...

Reasons to Conduct and Event in Accordance with Established Laws and Regulations - Answer - To protect your legal interest - To operate ethically - To provide a safe and secure environment - To protect your financial investment Contract - Answer - A tool that protects your interests and helps foster partnerships between the various entities critical for producing events - A promise that requires that an offer be presented, considered, and accepted and the parties will enter in...

What is the purpose of soliciting bids? - Answer - to identify the most qualified prospective hosts for the event - hosts for sporting events are often local sport commissions, conventions and visitors' bureaus (CVB), civic organizations, and colleges or athletic conferences - for larger mega-events, a city or a country may serve as a host When bidding for events, hosts are looking for events that will: - Answer - enhance the economy - provide a catalyst for improving the ho...

How are sports events different - Answer participant based vs spectator based Every sport is different in terms of - Answer venues, rules, event set up, common practices, region, country New Events - Answer An event created from scratch, difficult to execute, unknowns Existing events - Answer Already taken place, experience and expectations exist, pressure to improve and grow What is an event bid - Answer A local organizing committee that creates a propo...

Risk Assessment & management - Answer All sports event carry elements of risk - Some risk are inherent to the activity - Other risk reflect the nature of event management - No risk can be totally eliminated, some are out of your control (weather) - Risks can be managed and the potential of their occurrence greatly reduced Liability - Answer Expectation of responsibility Risk Management Definition - Answer The function or process by which [an organization] iden...

Marketing Mix - Answer Consists of elements related to the sports four 4Ps: product - Answer is the unit of exchange designed to satisfy needs and provide benefits to the event participant and spectator. price - Answer is what you ask from your customers to watch or participate in your event. place - Answer is an important issue related to time (when is the event) and location (where is the event). Promotion - Answer embodies the methods marketers use to...

History of sport events - Answer -The earliest documented sporting event came in 776 B.C. with the Pan-Hellenic Games -The festival was held every 4 years as a way men could relax from the year's hard work -The word sport derives from disport, meaning "to carry away from" -The implication is that sports divert the individual's attention away from the rigors and pressures of everyday life -Native Americans participated in activities such as archery, running, horseback riding...

What are sponsorships? - Answer A mutually beneficial relationship for yhr acquisition of rights to affiliate or directly associate with a product or event to desire benefits related to that affiliation or association financial sponsor inclined sponsors How do they benefit a sport event? - Answer Provides a platform for brands to showcase their values and commitment to the sport, community, and fanbase What happens in each segment of the triangle? - Answer Event, Spon...

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Conventional Monetary Policy Tools - Answer three tools of monetary policy (open market operations, discount lending, and reserve requirements) the the Federal Reserve uses, during normal times, to control the money supply and interest rates Credit Easing - Answer altering the composition of the Fed's balance sheet in order to improve the functioning of particular segments of the credit markets Defensive Open Market Operations - Answer one type of open market operation...

What is a stock? How do stocks affect the economy? - Answer A stock represents a share of ownership of a corporation, or a claim on a firm's earnings/assets. Stocks are part of wealth, and changes in their value affect people's willingness to spend. Changes in stock prices affect a firm's ability to raise funds, and thus their investment. Why is it important to understand the bond market? - Answer The bond market supports economic activity by enabling the government and c...

Which of the following is NOT a financial asset? - Answer Wells Fargo Bank Which of the following forms the largest share of household holdings of financial assets? - Answer Pension fund reserves Economists define liquidity as - Answer the ease with which an assets can be exchanged Which of the following assets is the most liquid? - Answer money market mutual fund Securitization is the process of - Answer converting loans into securities Financial mar...

A) fair wages - Answer 1) Which of the following is NOT considered to be a goal of monetary policy? A) fair wages B) high employment C) economic growth D) price stability C) price stability - Answer 2) Which of the following is considered to be a goal of monetary policy? A) a low federal budget deficit B) fair wages C) price stability D) an end to poverty B) makes prices less useful as signals for resource allocation. - Answer 3) Inflation is an economic problem b...

The chair of the federal reserve is... - Answer chosen by the president The regional federal reserve banks are owned by... - Answer private banks which are part of the Federal Reserve System in each region Private banks in each region which are part of the Federal Reserve System elect... - Answer 6 members of the regional Reserve Bank's board of directors. Who organized the Bank of the United States? - Answer Alexander Hamilton Which groups were opposed to ...