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Business Education: Content Knowledge 5101 Latest Update Graded A

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Business Education: Content Knowledge 5101 Latest Update Graded A Communication Skills competency most needed for success in most business occupations today Multinational Companies A positive trade agenda is beneficial for? Probate Court Deals with the legal certification of wills and the administration of estates of the deceased. Generation Y Grown up with computers and the Internet playing a significant role in their lives. 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? Corporations Require state charters and operate separately from their owners. Joint ventures Do not require a state charter. Partnerships Do not require a state charter. Sole Proprietorships Do not require a state charter. The United States Treasury Not a depository institution. It borrows the money needed to operate the federal government from a variety of sources. This is to protect its consumers and industries Primary reason a country might use import tariffs, quotas, or licensing requirements? Grapevine Informal channel of business communication. It is called this because it stretches throughout an organization in all directions, irrespective of authority level. Blog Collaborators can leave comments but not edit the author's statements. Wiki Collaborators can edit the content on the site. Blog Organized in reverse chronological order. Wiki Organized using a collection of hyperlinks to other individual pages. Blogs & Wiki Incorporate social software allowing individuals to achieve goals as a group. Limited Partners Invests capital in a business but does not participate in its management. General Partners A person who joins with at least one other person to form a business. Stakeholders Can affect or be affected by the organization's actions, objectives and policies. Shareholder An owner of shares in a company. Annual Rate Charged for borrowing (or made by investing), expressed as a single percentage number that represents the actual yearly cost of funds over the term of a loan. Effective Rate Actual rate of interest received on a savings account. Nominal Rate The interest rate before taking inflation into account. Periodic

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