Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
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

Business Decisions

QuestionAnswer
What are the five functions of management? Give a brief description and example of each.
What are the three management roles? Give a brief description and example of each.
What are the three management skills? Give a brief description and example of each
How do I apply the decision-making process?
What is a strategic plan and how does it help manage the growth, profit, and goals of a business?
How do businesses determine what to produce in a market economy?
How does the law of supply and demand determine the equilibrium price of a good or service?
What do you need to calculate the opportunity cost of a particular course of action?
How is the equilibrium price of a good or service determined?
Which of the following types of costs are fixed costs and which are variable costs: overtime expenses, carpeting at the office, salary of the public relations director, rent income tax?
How is the breakeven point calculated?
Compare a market economy with a command economy. Which system allocates resources better?
What are three factors that affect consumer demand?
What are two phases of the business cycle?
In which phase of the business cycle does unemployment rise?
What is a leading economic indicator?
Why do business managers need to understand the business cycle?
How did the United State entry into World War II pull the economy out of the Great Depression?
What is the difference between the concepts of scarcity and shortage? When does scarcity exist? When does shortage exist?
Why are companies more likely to lay off workers in the contractionary phase of the business cycle than the expansionary phase?
Created by: Zaylan Seals ZS
Popular Business sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards