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bus mgnt
| Question | Answer |
|---|---|
| sherman Act | the frist major laws promoting competition was the sherman Antirust Act of 1890 |
| Clayton Act | Like the sherman the clayton Act of 1914 was aimed at discouraging monoplies |
| Robinson-Patman Act | The Robinson-Patman Act of 1936 amended the portion of the clayton act dealing with pricing good |
| wheeler-Lea Act | in 1938 the wheeler-Lea Act was passed to strengthen earlier laws outlawing unfair methods of competition |
| flase advertising | Is advertising that is misleading in some important ways including the failure to reveal facts about possible result from using the advertised product |
| price discrimination | setting different prices for different customers |
| fedarl aviation adminstration | safety standard,airplane accident,and take-off landing |
| Federal communication Commission | radio,televison,telephone,telegraph,cable,and satellite communication |
| Food and Drug administration | foods,drug,medical device,cosmetic and veterinary product |
| Nuclear Regulatory Commission | Nuclear power plant |
| securities and exchange Commission | stock and bands |
| Federal Trade Commission (FTC) | was created as the result of many business demanding protection from unfair methods of competitions |
| Banckrupty | Is legal process that allows the selling of assets to pay off debts |
| patent | is an agreement in which the federal government gives an inventors the sole right for 20years |
| copyright | is similar to a patent in that the federal government gives an author the sole right to reproduce,pulish,and sell literay or artistic work for the life author,typically,plus 70 year |
| trademark | is a distingushing name,symbol,or special mark placed on a good or service that is legally reserved for the sole use of the owner |
| information liability | the responsibility for physical or economic injury arising from incorrect data or wrongful use of data |
| cookies | are files of information about the user that some web sites create and store on the user owner name |
| Interstate commerce | is defined as business operation and transaction that cross state lines such as product that are produced in one state and sold in other states |
| Intrastate commerce | on the other hand is defined as business transacted within a state |
| licensing | way to limit and control those who plan to enter certain types of businesses. |
| public franchise | is a contract that permits a person to organization to use public priority for private profit |
| building codes | which control physical features of structures |
| zoning | regulation specify which land area may be used for home and which areas may bused for different type of business |
| proportional tax | is one in which the tax rate remains the same regardless of the amount on which the tax is imposed. |
| progressive tax | is a tax based on the ability to pay |
| regressive taxation | the third type of tax policy |
| Income tax | Is a tax on the profits of business and on earning of individuals |
| sales tax | Is a tax levied on the retail price of goods and services at the time they are sold |
| excise tax | good or services,such as cigarettes and gasoline it is |
| property tax | is a tax on material goods owned |
| real property tax | is a tax o real estate which is land and building. |
| personal property tax | is a tax on possessions that are moveable such furniture,machinery,and equipment. |
| assessed valuation | Is the value of property determined by tax officials. |
| Data | are the original facts and figures that business generate |
| Information | is data that have been processed in some meaningful way that is useful to decision maker |
| computer | is a machine that processes and stores data according to instruction stored in it |
| hardware | the machine parts and anything attached to it |
| software | the instructions that tell the computer what up |
| (PDA)personal digital assistant | Is a computer-like device that can be carried in a pocket and used to among other thing,send and receive message wireless |
| operating system software | is master control program that managers the computer internal function and file systems |
| application software | refers to programs that perform specific task |
| moore law | as this prediction has become known has proven to be rather accurate |
| WWW | made the internet accessible to the average person |
| hyperlink | is web page address embedded in a world,phrase,or graphic that,when clicked, transport user to that address |
| modem | an electronic device inside or outside the computer that enables it to send data over phone lines or cable |
| ISP) Internet service provider | a service that provides access to the internet through the larges computer |
| browser | this is a program that permits you to navigate and view web page |
| search engine | is a program that assists in locating information on the Net. |
| CIO) Chief information officer | not only must have knowledge about electronic equipment but must also possess expert management skills |
| telecommunication(Data communications) | Is the movement of information from one location to another location electronically. |
| LAN) local area network | is a network of linked computer that serves user a single building or building complex |
| file sever | In LAN a computer that stores data and application software for all PC workstations |
| server | more commonly |
| (WAN) | is a network of linked computer that covers wide geographic area such as a state or country |
| Intranet | is a private company network that allows employees to share resource no matter where they are located |
| Extranet | Is a private network that companies use to share certain information with selected people outside the organization,such as suppliers and major customer |
| firewall | uses special software that screens people who enter and/or exit a network by requesting specific information such as passwords |
| database | is a collection of data organized in a way that makes the data easy to find,update,and manage |
| information system | a computer system that process data into meaningful information |
| (MIS) management information system | info system integrate data day to day business |
| (DSS)decision support systems | is a system that helps managers consider alternative in making specific decisions |
| (EIS)executive information system | combines and summarizes ongoing transaction within the company yo provide top-level-executives with information needed made a good decision |
| ergonomics | The science of adapting equipment to work and health need of people. |
| e-commerce | mean doing business online |
| dot-com business | A company that does almost all of its business activities through the internet |
| brick and mortar bus | In the internet age, this term is used to differentiate the businesses which operate from built-up properties or storefronts from those which operate entirely (or almost entirely) from their |
| pixel | short for pix(picture)Element is one or more dots that act as the smallest unit on a video display screen |
| web hosting service | is a private business that maintains the wed sites of individual and organization on it computer for a free |
| domain name | A wed-site owner unique internet address |
| electronic shopping carts | to keep track shopper selection and checkout |
| communication | is the sharing of information in which the receiver understand the meaning of the passage in the way the sender intended |
| feedback | is receivers response to a sender message |
| distraction | causes of communication problem |
| distortion | refers to how people consciously or unconsciously change message |
| channel of communication | message is conveyed. three major channel oral,written,electronic, |
| flame | is an electronic message that contain abusive,threatening,or offensive content that may violate company policy or public law |
| spam | Mass mailing over the internet by sending promotional messages to practically everyone whose email address is known, without asking for anyone's permission. |
| non-verbal communication | Non-verbal communication includes pitch, speed, tone and volume of voice, gestures and facial expressions, body posture, stance, and proximity to the listener, eye movements and contact, and dress and appearance. |
| communication network | is the structure through which information flows in a business |
| formal communication network | is the system of official channel that carry organizationally approved message |
| Informal communication network | are the unofficial ways that employees share information in an organization |
| grapevine | the informal transmission of information among worker |
| (NGT) nominal group technique | is a group problem-solving method in which group members write down and evaluate ideas to be shared with the group |
| Brainstorming | is a group discussion technique used to generate as many ideas as possible for solving a problem |
| conflict | is interference by one person with achievement of another person goal |
| management | is the process of accomplishing the goals of an organization through the effective use of people and other resource |
| planning | involves analyzing information and making decisions about what need to done |
| organizing | is concerned with determine how plan can be accomplished most effectively and arranging resources to complete work |
| implementing | when carrying out the plans and helping employees to work effectively |
| controlling | when evaluation result to determine if the company objective have been accomplished as planned |
| manager | completes all four management function on a regular basis and has authority over other jobs and people |
| supervisor | are typically the first(or begging)level of management in a company and often have many non-managerial activities to perform as well |
| executive | is top-level manager who spends almost all his or her time on management function |
| mid-manager | completes all of the management function but spend most of the time on one management functions such as planning or controlling |
| problem | is a difficult situation requiring a solution. |
| symptom | is sign or indication of something that appear to be a problem |
| input data Device | .keyboard .mouse. ,scanner .voice recognition system .digital camera |
| output device | .monitor .disk. .hard drive .printer |
| accounting | maintain general and specific accounting record such as accounts receivable,account,payable and general ledger |
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