Exam 7: Core Components of Finance and Banking

Jolie is planning to open her own candle company. She writes a check provided by her credit card company to pay for the first six months of rent for her store. Which type of stakeholder does the credit card company represent?

Which of these organizations is most likely a nonprofit organization?

Time Keepers, Inc. wants to expand into a South American country, but the necessity of the use of bribery to do business there has made it financially unfeasible. Which of the five forces affecting the business environment ismost impacting Time Keepers' expansion decision?

In some countries, agreements that are made between companies are not recognized because one country does not enforce the laws. This describes what element of economic forces on businesses?

Since Maia moved to Nebraska, she is finding that she can buy more with her money than she could in Hawaii. Maia is experiencing an improvement in her

Tamalika is the owner of a small company that provides hot meals to disaster victims. She is hoping to make enough profit to pay her bills and expand the reach of the organization next year. Tamalika most likely runs a ________ business.

Assuming you already know revenue, which additional element is needed to calculate profit?

An example of a good is

Yusuf opened a new business repairing video game consoles. He decides to hire a new employee to help him run the business. Describe some of the risks that Yusuf might face with his new business. Describe some of the risks the new employee might face. Who faces the larger risk?

Saskia recently inherited a large amount of stock in the ThermCo Corporation. What kind of stakeholder does Saskia represent?

Patrice knows that investing her own money in a start-up business may be a mistake, but she believes she can make it work. Patrice is willing to

A ________ is a person or an organization that supplies raw materials, services, equipment, labor, energy, and other products to other organizations.

Military alliances are considered ________ forces on trade and stability.

How can a businessbest support government spending?

Jarrah sells office supplies from a store in Sandusky, Ohio. He decides to hire a web developer to create a website for customers with the option to view and purchase office supplies. This example best describes the concept of ________, which is a(n) ________ force.

Alaric recently opened a new business providing remote technical support temporary workers to businesses. Why are people like Alaric important to the economy?

Cluny realizes there are no automatic car washes in his town. He takes out a loan and builds an automatic car wash later that year. Cluny isbest described as a(n)

The United States has imposed trade sanctions on North Korea. This is primarily a ________ force in the business environment.

Hernando works in public relations for No Whining Vineyards. He often advises the company's CEO on how to communicate through Facebook and Twitter. Through his work, Hernando is most likely trying to impact which of the following stakeholder groups?

Shanicea recently took a job with a local entrepreneur who had opened a car detailing business in her town. What risk is Shanicea taking working for the entrepreneur?