Chapter 9 Flashcards
(8 cards)
1
Q
Employees and members of the organization
A
Internal Customers
2
Q
Members of the general population
A
External Customers
3
Q
Members of the political party who govern the organization
A
Stakeholders
4
Q
A guide to the decision making within the organization
A
Policies
5
Q
Decision Making Steps-5
A
- Define the problem
- Collect information
- Generate Alternative options
4, Evaluate alternative options - Select one option
6
Q
Major purchases and last more than a year
A
Capital Budget
7
Q
Recurring expenses, such as salaries and facility upkeep
A
Operating Budget
8
Q
A _____ is a promise to repay the principal along with interest on a specific date
A
Bond
