Define the following terms in your own words?

activity:

responsibility:

accomplishment:

skill:

aptitude

A profit-maximizing firm in a competitive market is able to sell its product for $7. At its current level of output, the firm's average total cost is $10.

The Federal Open Market Committee promotes price stability and economic growth through management of the money supply oversight of the financial services industry provision of direct services to consumers supervision of regional banking operations

Ticketmaster contracts with the producer of Blue Man Group to sell tickets online. Ticketmaster charges each customer a fee of $9 per ticket and receives $22 per ticket from the producer. Ticketmaster does not take control of the ticket inventory.

High-profile ethical meltdowns such as Enron and WorldCom have forced the Federal government to pass legislation demanding transparent financial management and more accountability from senior executives. True False

Amber Downing, a human resource executive, is in charge of the recruitment process in her organization. During the hiring process, she often needs to coordinate with prospective employees.

What is the difference between apparatus and materials?

Incremental Analysis for Discontinuation Decision Total Contribution margin lost if special oats is discontinued Less: Fixed cost savings if special oats is discontinued Operating income if special oats is discontinued

Russ owns a fried chicken stand that operates at the local beach. in calculating how much he earns from his business, russ notices a difference between his economic and accounting profits.

Why did madison and jefferson disagree with hamilton's proposal for a national bank and what was the outcome?

Managers are increasingly viewing the world as "one big marketplace" due to globalization and the interconnectedness of national economies.