Mr. Stickler's Liberty Christian Economics A & B Unit 3 Test Flashcards
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| What is a "stop order" and what is the benefit of using it when buying stocks? | show 🗑
|
||||
| What is a "limit order" and what is the benefit of using it when buying stocks? | show 🗑
|
||||
| What does the term "P/E Ratio" mean? | show 🗑
|
||||
| What does the P/E Ratio of a stock tell an investor? | show 🗑
|
||||
| show | A horizontal mergers occur when firms that make the same kind of product join forces. Vertical mergers occur when companies involved in different stages of manufacturing or marketing join forces. (Pg. 78)
🗑
|
||||
| show | This is a firm that has at least four businesses, each making unrelated products and more responsible for a majority of its sales. (Pg. 76)
🗑
|
||||
| How are "conglomerates" formed? | show 🗑
|
||||
| show | A "multinational" is a corporation that has manufacturing or service operations in a number of different countries. One example is the General Motors Corporation. (Pgs. 76 & 77)
🗑
|
||||
| show | This is a form of business organization recognized by law as a separate legal entity with all the rights of an individual. (Pg. 67)
🗑
|
||||
| What is a "proprietorship"? | show 🗑
|
||||
| List one (1) advantage and one (1) disadvantage of a "proprietorship". | show 🗑
|
||||
| show | This is a kind of business owned by two or more people. (Pg. 64)
🗑
|
||||
| What are the two (2) kinds of "partnerships"? | show 🗑
|
||||
| List one (1) advantage and one (1) disadvantage of a partnership. | show 🗑
|
||||
| show | An ownership certificate for a corporation. (Pg. 67)
🗑
|
||||
| show | This is money - usually in the form of a check - that transfers a portion of a corporation's earnings to each stockholder. (Pg. 67)
🗑
|
||||
| show | It represents basic ownership of a corporation. One benefit is that people who own common stock usually get one vote for each share of stock. (Pg. 67)
🗑
|
||||
| What is a "preferred stock"? | show 🗑
|
||||
| What is a "bond"? | show 🗑
|
||||
| What is the difference between a "stock" and a "mutual fund"? | show 🗑
|
||||
| How are "mutual funds" operated? | show 🗑
|
||||
| show | This term refers to the noncash charge that firms (corporations) take for the general wear and tear on its capital goods (such as machinery and other equipment it owns). (Pg. 73)
🗑
|
||||
| What are "non-profit organizations"? | show 🗑
|
||||
| show | These are organizations that workers form to protect and represent its member's interests in various employment matters (such as pay and benefits). (Pg. 81)
🗑
|
||||
| show | This term refers to times when unions participate in negotiations with management over pay, working hours, benefits, health care coverage, etc. (Pg. 80)
🗑
|
||||
| show | This is an organization that promotes the welfare of its member businesses. They sponsor activities ranging from educational programs to lobbying for favorable business legislation. (Pg. 81)
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
sticklerpjpII
Popular Economics sets