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memorize.ai (lvl 286)

Section 1

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Common law

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Competition Prep

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Last updated

1 year ago

Date created

Mar 1, 2020

Cards (15)

Section 1

(15 cards)

Common law

Front

Legal system in which each case is considered in terms of how it relates to legal decisions that have already been made; evolves through judicial decisions over time.

Back

Cash flow statement

Front

Statement of an organization's ability to meet its current and short-term obligations, showing incoming and outgoing cash and cash reserves in operations, investments, and financing.

Back

Code of conduct

Front

Principles that guide decision making and behavior in an organization.

Back

Conflict of interest

Front

Situation in which a person or organization may benefit from undue influence due to involvement in outside activities, relationships, or investments that conflict with or have an impact on the employment relationship or its outcomes. Definition

Back

Civil law

Front

Legal system based on written codes (laws, rules, or regulations).

Back

Assets

Front

Financial, physical, and sometimes intangible properties an organization owns.

Back

Balance sheet

Front

Statement of an organization's financial position at a specific point in time, showing assets, liabilities, and shareholder equity.

Back

Accounts receivable

Front

Money an organization's customers owe the organization

Back

Confidentiality

Front

Treatment of personal information that has been disclosed to another person or organization

Back

Active listening

Front

Communication technique to increase the engagement between communicators and their audiences. It involves two-way communication and attention to nonverbal signs that indicate interest and reactions to the message and speaker.

Back

Accounts payable

Front

Money an organization owes its vendors and suppliers.

Back

Bribery

Front

Exchange of anything of value to gain greater influence or preference.

Back

Business intelligence

Front

Ability to use information to gain a deeper understanding of an organization and make sound business decisions.

Back

Business case

Front

Presentation to management that establishes that a specific problem exists and argues for a proposed solution.

Back

Affinity diagramming

Front

Data-sorting technique in which a group categorizes and subcategorizes data until relationships are clearly drawn.

Back