Business Administration
"Boot Strapping" - correct answerbegging, bartering, and borrowing.
"The Cloud" - correct answerpresentations stored on the Internet so you can access it
on any device via the Web
Acquisition - correct answera corporate restructuring in which one firm buys another.
Active Voice - correct answersentence construction in which the subject performs the
action expressed by the verb (e.g., My sister wrote the paper). Active voice works better
for the vast majority of business communication.
Angel Investors or "Business Angels" - correct answerindividuals who invest in start-up
companies with high growth potential in exchange for a share or ownership.
Business - correct answerany activity that provides goods and services in an effort to
earn a profit
Business Environment - correct answerthe setting in which business operates. The five
key components are: economic environment, competitive environment, technological
environment, social environment, and global environment.
Business Plan - correct answer- a formal document that describes a business concept,
outlines core business objectives, and details strategies and timelines for achieving
those objectives.
Business Technology - correct answerany tools - especially computers,
telecommunications, and other digital products - that businesses can use to become
more efficient and effective.
Communication - correct answerthe transmission of information between a sender and
a recipient.
Entrepreneurs - correct answerpeople who risk their time, money, and other resources
to start and manage a business
Factors of Production - correct answerFour fundamental elements - natural resources,
capital, human resources, and entrepreneurship - that businesses need to achieve their
objectives
General Partnership - correct answera partnership in which all partners can take an
active role in managing the business and have unlimited liability for any claims against
the firm.
"Boot Strapping" - correct answerbegging, bartering, and borrowing.
"The Cloud" - correct answerpresentations stored on the Internet so you can access it
on any device via the Web
Acquisition - correct answera corporate restructuring in which one firm buys another.
Active Voice - correct answersentence construction in which the subject performs the
action expressed by the verb (e.g., My sister wrote the paper). Active voice works better
for the vast majority of business communication.
Angel Investors or "Business Angels" - correct answerindividuals who invest in start-up
companies with high growth potential in exchange for a share or ownership.
Business - correct answerany activity that provides goods and services in an effort to
earn a profit
Business Environment - correct answerthe setting in which business operates. The five
key components are: economic environment, competitive environment, technological
environment, social environment, and global environment.
Business Plan - correct answer- a formal document that describes a business concept,
outlines core business objectives, and details strategies and timelines for achieving
those objectives.
Business Technology - correct answerany tools - especially computers,
telecommunications, and other digital products - that businesses can use to become
more efficient and effective.
Communication - correct answerthe transmission of information between a sender and
a recipient.
Entrepreneurs - correct answerpeople who risk their time, money, and other resources
to start and manage a business
Factors of Production - correct answerFour fundamental elements - natural resources,
capital, human resources, and entrepreneurship - that businesses need to achieve their
objectives
General Partnership - correct answera partnership in which all partners can take an
active role in managing the business and have unlimited liability for any claims against
the firm.
