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Business Law Unit 2 Challenges Sophia Business Law Unit 2 Challenges Sophia Unit no # 2 Challenge no #2 The purpose of contracts is __________. · a.) to equalize outcomes in capitalistic societies · b.) to prevent people from making independent choices · c.) to encourage the exchange of goods and services between people · d.) to maintain a traditional social hierarchy Contracts function as a symbol of __________ in modern society. · a.) chaos · b.) individual freedom · c...

Sec 6.2 – Simple and Compound Interest Decision Making in Finance Name: Yasinah Hopkins 1. James is borrowing $2000 from his employer and will pay it back at the end of 3 years. The employer lending the money asks that James pay simple interest of 3% annually. Using the simple interest formula, I=P∙ R∙T , determine how much interest James will have to payback in addition to the $2000 principal amount. I = P * R * T I = (2000)(.03)(3) payment: Principle, Rate as in decimal, Time in ...

Business correct answer: -Trading something of value for something of value -Exchange to gain a monetary gain -Money = a universal payment Corporate Driven Economy correct answer: -Group of people acting as a single entity -Goal: make more money; sell more and reduce costs -Separate legal entity to do business with Automation correct answer: -The use of technology to ease human labor or to extend the mental or physical capabilities of humans. Information and Data correct answer: ...

Information Systems correct answer: A group of components (5 component Framework) that interact to produce information Five Component Framework correct answer: Hardware, Software, Data, Procedures, People Value correct answer: How much you are willing to pay for something Five Primary Activities of the Value Chain correct answer: Aquire, Produce, Ship, Market and Sell, Service Customers Low Cost Leader correct answer: Deliver Product at the lowest cost (Walmart) Innovation L...

Structured Process correct answer: Predefined; Standardized processes that involve day to day operations Dynamic Processes correct answer: Flexible, informal, and adaptive processes Enterprise Processes correct answer: Span an entire organization and support activities in multiple departments Inter-Enterprise Processes correct answer: Supports activities in 2 or more independent organizations Workgroup Processes correct answer: Exists to enable workgroups to fulfill the characte...

what are the 5 components of an information system? correct answer: hardware, software, data, procedures/processes, and people what are a part of IT? correct answer: hardware, software, and data what are the 3 dimensions that work together in an information system? correct answer: people, process, IT what do people do in regards to information systems? correct answer: help support decision making, control, and visualization in an organization what does a process do in regards to ...

GEORGIA HIGH SCHOOL PHYSICAL SCIENCE: EOC REVIEW FLASHCARDS TEST RATED 100% CORRECT

All content needed for exam 4 from the study guide provided in class. Also includes practice.

All content needed for exam 3 from the study guide provided in class. Also includes practice.

All content needed for exam 2 from the study guide provided in class. Also includes practice.