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Organization and Management 2 (Finals)
  • Leah Jean Better

  • 問題数 44 • 12/14/2023

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  • 1

    it is the amount of loans due based on a written agreement or promise to pay. a bank loan is an example of notes payable. this is a long term liability

    notes payable

  • 2

    it refers the obligations of the company to suppliers without a written promissory note and are classified as current liability

    accounts payable

  • 3

    this is a current liability that is specific to the philippines period it is the amount of contribution from the company and its employees that have not been limited to sss and philhealth

    SSS/PHILHEALTH PAYABLE

  • 4

    it shows the amount the company should remit a taxes to the government this is also a current liability

    income tax payable

  • 5

    is the amount due to the employees but are not yet given as of the date of the balance sheets

    salaries payable

  • 6

    is the amount of interest the company owes from proceeds of a loan that is due as of the date of the balance sheet

    interest payable

  • 7

    shows the amount of capital the owners of the business of invested

    owners equity or stockholders equity

  • 8

    this represents ownership of the corporation. it enables to elect the board of directors

    common stock

  • 9

    this is a special class of stock whose holders are given preference in the distribution of dividends before the common stockholders

    preferred stock

  • 10

    this is the net income of the corporation less dividends

    retained earnings

  • 11

    reports profits earned or losses incurred by the company over a given period

    income statement

  • 12

    this is the income from primary activities such as the production and selling of goods on the part of the manufacturer

    revenue

  • 13

    these are cost incurred in the operation of the business such as salaries and wages of employees; utilities like electricity and water

    expenses

  • 14

    the income statement lists the revenue and expenses incurred by the company and the total expenses is subtracted from the total revenues

    net income

  • 15

    this is a detailed and systematic analysis of past and present marketing activities of the organization

    Marketing audit

  • 16

    evaluates the extent and quality of customer relations how the marketing function is integrated with the other functions of the organization and how well marketing activities and functions are coordinated

    Marketing effectiveness

  • 17

    this refers to process implemented to control the formulation and execution of strategic plans

    strategic control

  • 18

    this determines the overall standing of the company against its competitors the company gathers information regarding the characteristic of the market its key players and significant market segments

    market share analysis

  • 19

    this entails comparing marketing expenses with the achieve sales of the company

    marketing expenses to sales ratio

  • 20

    these are methods that determine customer behavior and the reactions to marketing activities

    customer tracking

  • 21

    this determines the profitability of company activities and identifies for the company is making or losing money

    profit control

  • 22

    this keeps track of the efficiency of marketing expenditures such as salesforce sales promotion and distribution

    efficiency control

  • 23

    are quantitative expressions of plans set by the management for specific period

    budgeting

  • 24

    these are direct cost of doing the actual work activity or projects example are the supplies of raw materials needed in the production of a good

    operational cost

  • 25

    these are indirect cost that refer to activities that support operational plans like the maintenance of the office workspace the plant or manufacturing area and utilities such as telephone and electricity

    organizational cost

  • 26

    these are also called labor cost and refer to the wages or salaries of people who perform the actual work

    staffing cost

  • 27

    these are fixed one time cost for large investment such as heavy equipment facilities land and buildings

    capital costs

  • 28

    they prefer to solve problems make decisions or influenced and lead others. these people will only feel satisfied once they get promoted to a general manager position. these people define their ultimate success based on the success of their organization

    general managerial competence

  • 29

    They like to be challenged And use their skills to excel and gain expertise in a certain area Related professions include engineering quality control accounting and statistics

    Technical Functional competence

  • 30

    They prefer to work alone in our most suited to become consultants or independent business persons

    Autonomy or Independence

  • 31

    they feel secure if they are offered good benefits salary and security of tenure. despite their skills and abilities they will always look for a company that will make them economically secure and stable

    security and stability

  • 32

    they will only fill accomplish if their creative efforts are successful in starting up a business. while they consider profit as important these people believe that money is secondary to the reward and recognition of starting something that new and innovative

    entrepreneurial creativity

  • 33

    they believe that uplifting their lives of others is much more important than self improvement

    service and dedication to a cause

  • 34

    these people are competitive the kind of work they do is only secondary to the satisfaction that they get out of beating other competition in tough situations

    pure challenge

  • 35

    there are people who prefer to strike a balance between family and career. they value their career as much as their personal life and would prefer flexibility in work schedules by working for organizations which value the importance of this perspective

    lifestyle

  • 36

    the outline the different positions from top management up to the people in the lowest level of the organization the recruit conduct interviews and manage benefits based on a company policies

    Hr managers

  • 37

    are specialist responsible for the screening hiring and placement of candidates in suitable positions in the organization

    recruitment managers

  • 38

    enhance and improve the skills of the employees through the implementation of appropriate training programs

    training and development managers

  • 39

    develop modules prepare lessons invite speakers and conduct training needs analysis in order to create training programs for employees

    training specialist

  • 40

    take charge of formulating policies creating employee handbooks and manuals coordinating with labor groups managing employee complaints and concerns

    employee relations managers

  • 41

    involves oversee in the development of new products advertisement promotion and sales

    marketing management

  • 42

    task with managing the overall marketing operations of the organization

    marketing director

  • 43

    task with developing strategies for the brand by analyzing the demand for the product or service

    marketing managers

  • 44

    take charge of promoting the company or organization to the public and enhancing its corporate image

    public relations managers