review semester one

5 functions of Management-organization ,planning, staffing, direction and control 
social responsibility-The idea that companies should embrace its social responsibilities and not be solely focused on maximizing profits
difference between credit union and bank- credit unions accept deposits and make loans. But as member-owned institutions, credit unions focus on providing a safe place to save and borrow at reasonable rates. Unlike banks, credit unions return surplus income to their members in the form of dividends.
gross pay-. An individual's total personal income before taking taxes or deductions into account.
net pay-the amount one receives after taxes and deductions have been withheld during a pay period
checking account -an account at a bank against which checks can be drawn by the account depositor
savings account- accounts maintained by retail financial institutions that pay interest but cannot be used directly as money in the narrow sense of a medium of exchange
8) on the right corner of the check
9)at the bottom of the check
10)the person or place you are giving the check to
11)your boss
12)put money into your bank account
13)the amount you want to put in and the amount you want back.
14)at the back top od the check.
15)so nobody takes that money away from you.
16)

1. -basic
2. -restrictive
3. special

17) organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy
 

how to write a check

how to write a check:
1)write the date
2)write the company to name
3)the amount in dollar sings on the box
4)write on "pay order of" the person or company you're sending the check to
5)write the amount given on the box in cursive
6)signature
7)memo

3 ways to endorse your pay check

blank endorsement

 

 

restrictive endorsement

 

 

special

 

 

 

buissness documents

Meeting agenda a list of meeting activities in the order in which they are to be taken up, by beginning with the call to order and ending with adjournment

Meeting minutes-the instant written record of a meeting or hearing

Event  itinerary-.  A route or proposed route of a journey

Purchase order- is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Invoice - a list of goods sent or services provided, with a statement of the sum due for these; a bill.

 

defenitions

1)insert/place graphics in your document-click on Insert and click on add picture
2)5 functions of management-planning, organizing, staffing, leading, and controlling.
3)resume-A one to two page formal document that lists a job applicant's work experience, education and skills.
4)social responsibility of business definition-The idea that companies should embrace its social responsibilities and not be solely focused on maximizing profits.
5)savings account-a bank account that earns interest
6)compound interest-is interest added to the principal of a deposit or loan so that the added interest also earns interest from then on.
7)simple interest-A quick method of calculating the interest charge on a loan.
8)checking account-an account at a bank against which checks can be drawn by the account depositor.
9)check endorsement-to write on the back of; especially to sign one's name as payee on the back of  in order to obtain the cash or credit represented on the face
10)check writing- making a check and putting accurate information
11)bank statement-a printed record of the balance in a bank account and the amounts that have been paid into it and withdrawn from it, issued periodically to the holder of the account
12)check book reconciliation- comparing your check copies, debit card receipts and credit card receipts with your bank and credit card statements.
13)deposit slip-A small written form that is sometimes used to deposit funds into your account
14)difference between bank and credit union-credit unions are not-for-profit organizations that exist to serve their members rather than to maximize corporate profits. Like banks, credit unions accept deposits and make loans.
15)credit card-a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
16)credit history- record of a consumer's ability to repay debts and demonstrated responsibility in repaying debts.
17)credit report-is a summary of your financial history
18)FICO score-a person's credit score calculated with software from Fair Isaac Corporation
19)debit card-a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
20)credit card and interest rate- is the price you pay for borrowing money

cedit report blog

A detailed report of an individual's credit history prepared by a credit bureau and used by a lender to in determining a loan applicant's creditworthiness

information about your checking or savings accounts, bankruptcies that are more than 10 years old, charged-off or debts placed for collection that are more than seven years old, gender, ethnicity, religion, political affiliation, medical history, or criminal records.

ways to make it  better:

4.Just make a website

5.Whenever you join a website

6.Equifax, Experian, Trans Union

7.whever you want and only viewed by you

8.your history with credit

9. You should view it regularly to check for any mistakes

10. tell the company that there is an error

11.basecly ,accredit score is just your credit history at one moment in time, boiled down to a number

social responsibility

Social responsibility refers to the idea that companies and corporations should contribute wealth or resources dedicated to the improvement of society as a whole.

communities: are social groups of any sizes who's member reside in a specific locality, share government and often have a cultural or historic heritage

Environmental :is the aggregate surroundings things, conditions, or influences; surroundings

Stakeholders: are a person or group that has an investment, share or interest something, as a business or industry

the social responsibility industry choose is addidas and the responsibility for the company was that they sell products to the world and its a well known company, plus one thing that gives addidas lot of attention is that they have foundations around the world  

 

1.Chantal should tell, that her company is committing a crime

2. when they commit a crime

3.yes it will make a difference

4.it will make a difference if chantale had scientific expertise because then she should know more about the business ethics

Financial advice

credit report

maintains information about you and your credit history. This information is gathered on an ongoing basis from many sources that have extended you credit.
 

1. Pulling your own credit report will lower your credit score.
2. If a bill or debt isn’t reported to the credit bureaus, missing a payment won’t affect your credit score.
3. Disputing accurate information will remove it from your credit report

credit score
a number assigned to a person that indicates to lenders their capacity to repay a loan.
1. Whether you’ll be approved for credit cards, car loans, and student loans
2. What interest rate you’ll get on these loans
3. The cost of your car insurance

1. Protect your Social Security number
2.Polish your password practices
3.Be mysterious on social networks

id theft

Id Theft

1) 18-24 are the ages were you are most likely to have your identity stolen
2)more that 20% percent of all cases last year were filled with young adults
3)it takes the average college-aged victim four and a half months to realize their her/his identity has been stolen
4)the student at the university of Arizona are at high risk of getting their identity stolen

Ways to prevent id theft

1. Choose good passwords and PINs
2. Protect your computer
3. Beware phishing scams
4. Take care when shopping online
5. Never answer unsolicited or unwanted emails