Lesson Page 1 of 5 It may seem that there’s a lot to memorize in this chapter. But having defined terms yourself‚ you’re more likely to remember and understand them. The key is to practice using these new terms and to be organized. Do the following exercises‚ then read Assessing What You’ve Learned for tips on staying organized. Whether you’ve been keeping a good list or not‚ go back now through each lesson in the chapter and double-check that you’ve completed each definition and that you
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Review questions 1. When someone on a good income says that they ‘can’t afford’ a plasma screen television‚ what do they really mean? [LO 4] 2. A friend of yours says‚ ‘Private tennis lessons are definitely better than group lessons.’ Explain what you think they mean by this statement. Then use the cost–benefit principle to explain why private lessons are not necessarily the best choice for everyone. [LO 4] 3. Which is more valuable: saving $100 on a $2000 plane ticket to Tokyo or saving
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Chapter 1 Review FIN 200 1. Which one of the following terms is defined as the management of a firm’s long-term investments? A. working capital management B. financial allocation C. agency cost analysis D. capital budgeting E. capital structure 2. Which one of the following terms is defined as the mixture of a firm’s debt and equity financing? A. working capital management B. cash management C. cost analysis D. capital budgeting E. capital
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Chapter 10 Review Questions 1. A market is customers who have the power to purchase. Without marketing research‚ an entrepreneur would have no idea what type of business venture to take on. 2. (1) Defining the purpose and objectives of the research- meaning that you will need to explain the informational requirements of the decision to be made accurately. (2) Gathering secondary data- involves using data that is already compiled. There are two forms‚ internal and external. (3) Gathering primary data-
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Review Questions Chapter I 1. Why do we study ethics? Morality or ethics is one of the main subjects of philosophy‚ which focuses on the morality of human society. Delineate what is right and what is wrong. If it is easy to explain what ethics means to be separated from the good from the bad‚ why we should learn about ethics because learning ethical action is right or wrong according to society‚ culture and traditions of happiness? 2. Why should we be concerned about doing “the right thing”
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Chapter 1 Review Questions 1-17 on page 38 1. What is information system? What are some ways information systems are changing our lives? By definition‚ Information System is a set of interrelated components that collect‚ manipulate‚ store‚ and disseminate data and information and provide feedback mechanism to meet an objective. There are so many ways that information systems are changing our lives both in our personal lives and in the businesses and corporations that are around us. For example
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Review Questions Chapter 2: What is a business case? How does a business case affect an IT project? A business plan that forecasts costs and revenues for a particular project over several years‚ especially to attract financing. It affects because it would say whether the IT project is good enough to go or should it be abandoned. So for any company can save money. What is a SWOT analysis and why is it important? A SWOT analysis is to study any factor affecting any company and
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Chapter 6 Review Questions 1. What are the necessary hardware components of a POS system? What are the varieties of each component? The necessary hardware components of a POS system are POS order entry units & POS printers. The varieties of each component are: POS order entry units: Keyboards & monitors Touchscreen terminals Handheld terminals POS printers: Guest check printers Receipt printers Workstation units Journal printers 2. How do preset keys differ from PLU keys? Preset keys are part of
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Chapter 9 Review Questions 1. What is magnetism? 2. Torque is ________. 3. A magnetic field is _________. 4. True or False: A permanent magnet is a piece of material that has been magnetized and can hold its magnetic strength for a reasonable length of time. 5. How is an electromagnet produced? 6. Which of the following produces the best electromagnet? 7. Unlike poles of a magnet _________each other and like poles_________ each other. 8. What part does polarity play in the operation of
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Review questions chapter 3 Kalin Govender pt2013-0883 10. Which 1997 law provides guidance on the use of encryption? The Security and Freedom through Encryption Act of 1997 11. What is intellectual property (IP)? Is it afforded the same protection in every country of the world? What laws currently protect it in the United States and Europe? Intellectual property is recognised as a protected asset in the United States. The U.S Copyright laws extend this privilege to the published word‚ including electronic
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