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IBT FinalStudyGuide4

Intro to Business Final Exam Study Guide

TermDefinition
34. Deposit slip A paper slip that banks use with customers for the purpose of depositing funds into their accounts.
35. Credit limit a maximum amount that may be owed at one time.
36. Liability insurance protection against losses from injury to people or property resulting from the products, services, or actions of a business.
37. Group insurance health insurance coverage offered to a large number of employees and their family members.
38. Premium the amount a policyholder must pay for insurance coverage.
39. Human resources goals goals that a human resources worker has for dealing with employees such as matching abilities with jobs, maintaining a satisfying work environment, and protecting the health and well-being of employees.
40. Blue-collar worker workers who are involved in physical work, including the operation of machinery and equipment or other production activities.
41. Employee orientation the final step in the hiring process to help the new employee get a good start in the company.
42. Unemployment rate the portion of people in the labor force who are not working.
43. Personal income salaries and wages as well as investment income and government payments to individuals.
44. Job analysis a specific study of a job to identify in detail the job duties and skill requirements.
Created by: kcaverly
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