Intro To Business terms
Intro to Business class terms for DeWitt High School.
Terms
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copy deck
- desktop
- the area on your screen where you organize your computer work
- purjury
- lying under oath
- premiums
- prizes or rewards offerend to a costomer as an added incentive to make a purchase.
- vicarous liability
- when one person is liable for the torts of another.
- witness
- a person who has personal knowledge of the facts of a case
- operating
- type of costs that is nessecary for a company to manage its resources, and to stay competive.
- breach
- violation of duty
- neglegence
- kind of tort based on carelessness.
- windows xp
- operating system used
- injury
- harm recognized by the law.
- judgement
- the final result of a trial
- punitive damages
- a monetary award that is set high enough to punish the defendant
- word processing
- used to create and revise documents
- damages
- a monetary award given to the injured party to compensate for loss.
- yes
- can a coorperation be charged of crimminal intent?
- business transaction
- an economic event that causes a change in assets, liabilities, oe
- false pretences
- a type of fraud
- market share
- a firms share fo the toal sales volume generated by all competors in a given market.
- equity
- the total financial claims to the assets of a business are known as
- verdict
- the decision of the jury.
- felony
- a serious crime that is usually punishable by a long term prison sentence in a federal prison.
- compensatory damages
- another name for actual damages
- promotion
- any form of comminucation a business uses to inform, persuade, of remind people about its produts and improve its public image.
- spreadsheet
- used when needed to do calculations
- demographs
- statistics
- mouse
- handheld input device
- burglary
- crime against reality
- taskbar
- shows the programs that you are running
- market position
- a firms standing in the mardet compared to its competiors.
- image
- the way a business of organization is defined in peoples minds.
- advertising
- the time or space devoted to _________ is paid by an identified sponsor.
- extortion
- sommonly known as blackmail.
- generic products
- products that do not carry a brand name
- sales promotion
- a contest is an example of a
- icons
- small pics you see on desktop which represent a program you use to carry out tasks.
- duty
- legal obligation to do or not do something
- my computer
- represents a program used to organize the files on your computer.
- brand
- the name, design or symbol that identifies the products of a company or group of companies.
- liabilities
- the creditors claims to the assets fo the business
- capitol
- refers to the amount of the owners equity in the business.
- contests
- games or activities that require the partipation to demonstrate a skill in order to recieve a prize are examples of
- strict liability
- the kind of tort that involves no intent or carelessness
- tort
- a private or civil wrong
- geographics
- refers to studies about the charasterics of where potential customers live.
- injunction
- a court order for a person to do or not to do a particular act.
- subpoeba
- a judges order that commands a witness to appear in court to testify.
- testimony
- statements made by a witness onder oath.
- property
- anything of value that is owned or controlled.
- crime
- an offence against society
- recycle bin
- a storage area for deleted files
- consumer market
- all potential customers who will buy a product for personal use.
- appromite cause
- means that the amount of casuation is great enough for it to be recognized by law.
- owners equity
- the owners claims to the total assets of the business
- white-collar crimes
- offences commited in the business world
- publicity
- the principal function of _________ is building an image for a business or an orginazation
- civil offense
- commited against and individual.
- casuation
- proof that a breach of duty caused an injury.
- opening statements
- a brief outline of what the defendant and the plaintiff will try to prove.
- anti trust laws
- states that companies cant fix prices.
- hardware
- physical elements of a computer
- marketing segmentation
- identifing target markets and developing products that appeal to them.
- intentional
- courts require the breach in tntentional torts to be ___________.
- evedince
- any object a judge allows to be presented to the jury that helps prove or disprove a case.
- marketing mix
- combination fo decisions about product,place,price, adn promotion