absolute advantage accounting...

66
absolute advantage e d ùh ¬ e ú « % 2ß ² Çä ]q ãh ¬ Eì ¬ c& õ/ | Ç 2ãú « accounting r¼ Ì, »õ, ©, ® Õ (+ sÅ, < ì· Eì ®¢¤ % y ; e W == Ôþ % J¾ accounting cycle r¼ i e [ h ,y (+ Ôâ % $ »à % <   : J'ÉÜ "4 H` acquisition ¬ t ù ;) t: Eì ;) % ÿ5 [ Active Corps of Executives ( ACE ) íZ % P +¹ $, BÅ ·r, <àX % Ãï q N g À$ y zþ actuaries GÐ ¼ ¼â êW ä % û ¬í ä % GÐ > % administered distribution system È % È Á D 2é ì· Ùé t ÈV % È Á administrative agencies È+ w+ D ¬r ] Q Ôr Z % Âi Ó« HS % !Ù Ã n Ëì % £ ä ê oé advertising  ø` %, a h ä¾ , D þ¼ ] hñ ä Ç Eø ` ¾5 affirmative action ÈW $ PW ݼ % N " Ä= û % 6 " t N iV¤ & $ Âr agency shop agreement Xr ©· à ·þ `X ·þ , , ; a Xr X, µ ý& Xr â ¿Â s r> agent/brokers /Æ

Upload: hoangdan

Post on 20-Apr-2018

226 views

Category:

Documents


2 download

TRANSCRIPT

Page 1: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

absolute advantage•� ��� �� �� � � � •� � �• �� �� �� �� �� �� � �� �� ��� �� � � �• �� •��

accounting����, ��, ��, �� � �� �� � ��, � �� � �� ��� � � �� �� �� �� �� � �� �

accounting cycle�� ��� � � �� �� �� � �� � �� � � � �� : �•��� � �� �� �

acquisition� � �� �� �� �� �� � �• �� � �

Active Corps of Executives ( ACE )�� � �� ���� •�, �� ��, � ��� � �� � � � �� �� �� �

actuaries�� �� �� �� �� � ��� � � � �� �� � �� � � � �

administered distribution system �� � �� ��� �•� �� �� �� �� � �� �� �

administrative agencies�� ��� �� � � �� �� � �� � � �� � �� � � � �� � �� ��� � �� �

advertising���� �� �, � �� �� ��, � �� � �� �� �� � �� � �� �

affirmative action� ���� �� � � � " �� � � �� " � � ��� � �� �� �� ���

agency shop agreement�� � � ��� �� � ��, �� � �� � �� ��, � �� �� �� � �� ���� �

agent/brokers�� �

Page 2: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� � ��� � �� � � �� �� � �� � �� � ���� ���� •� � ��� �

American dream�� ��� � �� � � � �� � � � � �� � � � � � �� �� �

American Federation of Labor ( AFL )�� �� ��1886 � �� � ��� �� �� ��� ��� �

annual report�� ���� �� �� � � �� �� � �� � �� �

annuity��� � �� �� � �� �� � �� � �� �� � � �

apprentice programs�� ��� �� �� � � � � �� � � �� �� �� �� � �� � ��

Arbitration��� �� � �� � ( ��� ) �� �� �� �� �� ��� � �� �

assembly process � ��� �� � � �� � �• �� �

assets�•�� �� � �� �� �

auditing��• � �� �� � �� �� �� � �� �

autocratic leadership�� �� �� � � � �� �� �� � � �� �

automatically fed to a computer� �� ��� � � � �� �� � � �� �� �

B2B

Page 3: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

B2B �� � �� �

B2CB2C�� � ��� �

balance of payments��� � �� ��� �� �� �� �� �� � �� �� �� � �� ��: ���, � ��, �� �, � � �� �

balance of trade���� �� �� �• � �� �• � �

balance sheet�• �� � �� �� � �� � � �� �� �

ballyhooed�� ��� � � � �� � � � �

banker ’ s acceptance�� ���� �� � �� � � � � � �� � �

bankruptcy�•� �� ��, �� � �� �� �� �� � �� � � �� �� � ��

�• � ��� �� ��� �� � �� �� �

bargaining zone� � ��� � � � � � �� �� � �� �� �� � �� � � �� � � ��� �� � �� �

barter��� �� � � � � �� �� � � �

bear market�� ���� � � �� � �� �� � �� � � �� �

been there, done that�� � � � ��

� � �� � �� �� � � �� �

Page 4: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

benchmarking� � �� �� � ��� �� �� � �� � �� �

benefit segmentation�� ���� �� � � � �� � �� �� � � �

big picture �� � �� � � � � �� �� �

bit of kick� � ��� � �� �� � � •� � �� �

black mark�� ���� �� �

blue chip stocks� ���� �� ��, � � �� � � �� �

blue flu�� ��� �� �� � � �; �� � � �� � �� � �� �

bond���� �� � ( IOU ) � � � �� � � �

bookkeeping���� �� �� �� �

bossy��� � � �� �� � � � �� �

bottom line �� � � � ��, �� � �� �

bought into��� � � � �

bowing to competition� �� �

Page 5: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� � � �� �� �

brain drain�� ��� � �� �� � � �� �� �� � � � � � �� ! �� �� ��� �

brainstorming�� �� �� � � �� � � � � � �� �� �� � � �

brand��� � � � � � ��, ��, � � ( � � ) � �� � •� � �� �� � � •� � � �

brand association�� ��� �� � � � � �� � � �� �� �

brand awareness�� � � �� � � •� , �� � � � �� � � � �� �

brand equity�� •��� � •� � ��, ��, � �, � � �� � �� � � � �� �� ���� � �� �

brand loyalty�� ���� � � •� � ��, �� � �� � � �� •� �

brand manager�� ��� � �� �� � �� •� �� � � �" � ���

brand name��� � � �, � � � � �� � �� � •� � ��� � •� �

breach of contract � ���� � � � � �� �

break - even analysis�� �� �� �� � �� � � �� �� � �� �� �

Page 6: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

brick - and - mortar store� � �� ��� � �� ��, � � � � �� �� �

brightest days� � �� �� �� � �� � � � �

broadband technology�� ���� ���� �� ��, ��, � �� � �� �

budget���� � �� � ��� �� � � �� � �� �� � �� � �� �� ��� � � �� �

bull market��� �� �� � �� � �� �� � � �� � �� �

bundling� � �� � � � � � ��� �� � �� �

bureaucracy�� ���� � � �� � �, �� � � �� �� � �� �� �

business��� �� �� � � � � �� •� � � � "# �� �

business cycles�� ��� �� ���� �� � � �� � ��� �� �

business environment�� ��� �� � �� �� �� � �� �� �

business law�� �� � �� �� � �� �� �� � �� ��, �� � �, � ��, � ��� ���� �

business plan� �

Page 7: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� � � � ����, � � �� � �, �� ��, � �� �� �� � �� �� �� � �� � �� � �� � �� �

business - to - business ( B2B ) market�� � ��� �� �� �, �� � �� � �� �� •� � � � �� ��• � ��, �� � �, �, � �� � � �� �

buying stock on margin� � ��� ��� � �� �� � �� �� �

Page 8: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

cafeteria - style fringe benefits�� �� �� �� �� � �� � � �� � � �� � � �� � �

callable bond� � � ���� ��� � �� �� � � � � �� �

cannibalized business��• � � � � � � � � �� �

capital budget�� ���� � � �� �� �• �� � � �� �

capital expenditures�� ��� � ����, � �, ��, �, � �� � �� �

capital gains�� ��� �� � �� � � � � � �� � �• �� �

capitalism������ � � �• � �� �� �� ��, � �� � � � � � �� �� �

cash - and - carry wholesalers� �� �� �� �� � �� � �� � � �� � � � �� �

cash budget�� ���� � �� �� �� � �� �� �� �

cash flow�� ���� �� � �� � �� � �

cash flow forecast�� �� ��� � �� � �� �� � �� � �

category killer stores �� � ��� �� �� � �� � �� � � �� �

celebrity stargazers

Page 9: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� ���� � �� � �� � � �� �� �� � �� �

center stage���� �� � �� � � � �� � � � �� � �

centralized authority��� � � � � �� � � �� � �� � � �� �� �

certificate of deposit ( CD )��� ( CD )� � ���� � �, � �� �� � �� �

certification�� �� �� ��� �� �� ��� �� � � � � � � � � � ��� �

certified internal auditor�� �� � �� � �� � �� �� � � �� �� �� � �� � �� �� � ���

certified management accountant (CMA)�� �� �� �� �� � �� �� � � �� �� �� �� � �� �� �

certified public accountant ( CPA )�� ��� ( CPA )�� ��� � �� �� ��� �� �� � �� � ��� �

chain of command�� � �� � ���� � �� �� �

channel of distribution� �� �� � ��, � �� � ��, �� �� � •� �•� � � � �� � �� � �� � �

chicken dance� ��� � � � �� �� � �� �� �

climbed the ladder��� �� � � �� � �� �

Page 10: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

closed shop agreement�� � ��� � � ��, �� �� � � � �� � �� � �� � �� 1947 ��� � �

closing techniques�� ���� �� � � ��, � � �� ��� � � ��, �� � � �� � ���� � �� �� �

collective bargaining�� �� �� � �� � �� � � �� � �� � � � �� �

command economies�� ��� � �� �� ��� � �� �� �• �� •� � �, � � �� �$ •� ��, �� # �� �� �

commercial and consumer finance companies �� � �� �� ��� � �� �� �� �� �� � � � �� � �� � �� ��� � �� �� � �� � �� �

commercial bank ����

� � � � �� �� �� � �� � � �� �� � �� ��� ���� �� �� �

commercial finance companies�� �� ��� � � �• �� �� � � �� � �� � �� �

commercialization���� ��� � �� � •� �� �� �� �� �� � �� � � ��� � �� � �� ��� � ��� � •� � �� �

commercial paper� �� �� ��� � 2,500 �� � � � , 270 � � �� 270 � � � �� �� �

commodity exchange�� ���� �� � � � �� � �� ( : � , � , � ) � �� �� ( : ��,, � ) � ��� �

common law

Page 11: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

���� �� �� � �� �� ; � � ��� �

common market ����� �� � � � �� � � � � ��, �� �� ��, � �� �� ��

�� �, � � �� �� ; � � �

common stock����� � �� � ��� �, ��� %� ���, � �� �� �% �� ��� �� �( ��� �� �� ��

communism •��� �� �� �� �� �� � �� �� �• � �� � � � � �� / �� ��� �

comparable worth� �� � �•�� �� � �� �� �& � �� ��, ��, � �� �� � � � �� �

comparative advantage theory�� �� � �� �� �� �� �� � �� �� � � � �� �• � �$ •� �

competing in time� ��� � ��� � � � �� � �� ��� � �� � � •� � � �� ���� �

competition based pricing�� ���� �� �� ��� � �� � �� � �� �

competitive benchmarking�� ��� � �� � �, �� � •� � �� � �� �

compliance - based ethics codes� �� ��� �� �� � �� � �� � � � � �� � � � �� � �� �� �

compressed workweek� �� ��� � �� � � � � � � � �� � � �

Page 12: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

computer - aided design ( CAD )���� ( CAD )� � �� •� � �

computer - aided manufacturing ( CAM )����• ( CAM )� � � �� •� ��� �

computer - integrated manufacturing ( CIM )� �� �� ( CIM )���� � ����• � �

concept testing� �� ��� � � � •� � � �� �

conceptual skills ���• �� � �� � �� �� �� �� � �� � � �� � �� �

conglomerate merger�� �� '�� �� � •� �� ' �

Congress of Industrial Organizations ( CIO )•� �� � � ( CIO )� �� �� � � �� ; 1935 � AFL �, 1955 � � �� AFL �

consideration��� � � �• � ��, �� � �� �� � � �� �� �

consultative salesperson�� � ���� �� �� �� �� �, �� �� �� �$ �� � �� �

consumer - driven plans��� � � � � � �� �� � �� " �� �� � �� � �� �� � ��� �� �� � � � �� � �� � � � �� � , �� � � � � � ��� � � � � � � � � � �� � �

consumerism��� �� ���� �� � � ��� � � �� �� �� � �� � � � ���� �

contrarian approach�� �

Page 13: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� � � �� �� �� � � ��(� �

cooking the books�� �� � � � � �� � �� �� � �� � � �� � �� �� �� ���� � � �

corporate social responsibility�� � �� �"�� �� �� � �� ��� � ��

damages���� �� � �� � �� � � � � �� �� �� �

database���� � � � �� �� �� �

data processing ( DP )�� ��70 � � �� �� �� ; �� �� �� �� �� �� � �� �� �� ���

dead duck� � ��� � �� � � �� �

a deal� �� � ��� ��� � �� � �� � � � �� �� �

dealer ( private ) brands��� ( �� ) ��

�� �� ��� � � � �� �� ��� � �� � �� �

debenture bonds� �� ����� �� � �� ( i.e ��� "# �� � � � ) �

debit card� � �� � � � �� � �� �� � � �� �� � � � � � � �� ��� � �

debt capital ����� �� � � � � � �� �

Page 14: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

debt financing�� ��� �� � � � � � �� �

decentralized authority�� ��� � � � �� � �� � � �� �� � � � �� � � �� ���

decertification�� ��� �� �� � � � �� � �� �

decision making� ��� � � � � �� �� �� �

deflation�� ��

�� ��� �� � �� �

dmand���� � �� � �� � � �� � �� � � �� � � �

demand deposit������ � �� � �� �� ; � ���� � � � �� � � �� � �� �

demographic segmentation�� �� � ��� �� � �� � � �� �� � � �� �

demography�� ����� � ��� �� �� � � �� � �� � � �� �� �

denomination�� �� � �� � � �� � �� �

departmentalization�� ��� �� � �� � �� � � �� �

depreciation� � � � �� � �� � ���� � �� �� � ���� � �� � �

Page 15: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

depression�� � �� �� �

deregulation�� ���� �� �$ �� �� �� � �� � �� �

devaluation��

�! � � � �� � �� � �� �� � �� � �

disability insurance�� ��� �� � �� �� � �� �� � �� �

direct marketing� �� ��� � �� � � ��� � "# �� �

direct selling�� � � ��� � � � � �� � �� � �

discount rate�� ��� ���� � � �� � � � �� �� �

disinflation��� �� �� � �� ( ���� � �� ) �

diversification ��� � � �� � �� �� �� �� � �� �

diversity, multiculturalism

�� � � ��� �� �� � �� �� � � � � �� � � � �� �

dvidends���� �� �� �� � � �� �) � � � � �� �

dot - com company� � ���� .com �� ���� �� �

Page 16: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

double - entry bookkeeping�� ��� � � �� �� � � �� � � �

Dow Jones Industrial Average� �� ��30 � �� �� � �� � � �� �� �� � �� � � � �� �� �

dwnsizing � �� � � �� � � �� �� � �� �

drop shippers�� ��� �� � �� �� � � �� � � � �� � �� � � �� ��� � �� �

duck the opportunity�� �� ��

�� ��� �

ducks in row�� ��� �� � � � � �� �� � �

dug down�� �� � �� � �� �

dumping�� � �� � � � ! � �� � � � �

entrepreneurship�� ���� �� � � �� � �� �

enterprise zones� ��� � �� �� �� �� � �� �! �� � �� � � � �� �� �

environmental scanning�� �� � �� �� � �� �� � �� �

equity capital�� �� �� �� � �� � �� ��� � �� � � � � �� �

equity financing

Page 17: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� � �� �� � �� � �� ��� � � � �� �

equity theory�� ��� � � � �� � �& � �� �� � � � �� � �� � �� � ���

e - tailing� � ��� ���� � �� � � � � � ��� ( � � � � ) �

ethics����� �� � � � �� � �� � �� � �� � �� �� �

everyday low pricing ( EDLP )�� !��� � �� � � ! � �� � � �� �� � �

exchange rate� �� � �� � �� �� �� � �� �� �

exclusive distribution�� ��� �� � � � �� �� �� � � ��� � � �� �

executor�� � �� �� �� � � � �� �� � � ����� � � �� � � �� �� � � �

expectancy theory�� ��Victor Vroom � �� � �� �� � � � � �� "� � �� �� ���� �� � �� �

expenses ��� � �� � �� � �� � � � � ���� � � �� �

exporting ��� �� � �� �� �

express warranties�� ��� � � � � � � �� � �� �� �

external customers� ��

Page 18: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� �� � � � ��� � �� �� �� �� � ��� �

extranet�� � ���� ���� � ��� � �� � � �� �� � �* �� �

extrinsic reward� �� �� � �� �� � �� � � � � � � � �� � � �� �

facility layout� ��� �� � � �� � � �� �� � �� �

facility location� ��� �� � �� �� �� ���� � �� �

factoring�� �� ���� ���� �� � �� � �� � �� �

factors of production�� ���� �� �� � �� � � � � � �� � �� �� � � � �

The fed�� �� ��� �� ���� �

Federal Deposit Insurance Corporation ( FDIC )FDIC�� �� �� �� �� �� � �� �� �� �

finance��� �� �� � � �� �� � �� �

financial accounting�� ��� �� � � � �� � �� �� � �� �� �

financial control�� ���� �� �� �� �� � �� � �� � �� � �� � �� � �� �

financial management�� ���� �� �� � � �� �� � �� � �� �

Page 19: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

financial managers�� ���� �� �� � �� �� �� �� �� �� �� � �� �� � � ���

financial statement�� ���� �� �� � �� � �� �� � �� �

first in, first out ( FIFO )����� ( FIFO )�� �� �� � �� �� � � � �� � � �� � �� �� �

fiscal policy����� � �� � � �� � �� � � �� �� �� � �

fixed assets����

�� �+ � �� � � � � �� � � � �

flat organization structure�� �� ��� � � �� �� �� �

flexible manufacturing � ���� � �� � �� � "� � � �� ���� � �� �

flextime plan�� �� � � �� � � �� � �� � � � �� �� # �� � �� � �

focus group�� �� �� �� � � � � �� �� �� � � �� � � �� � �� ���� � �� � � � � �

foreign direct investment� � ���� � � �� �+� �� � �� �

foreign subsidiary� ���� � � �� �� ( � � �� ) � �� � �� �

form

Page 20: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� ��� �� �� � � �� � �� � � � � � � �� � �� � ���� � �

formal organization�� ��� �� �� ��� � � �� �" � �� � �� �

401 ( k )401 ( k ) � � � �� � � � � � � � � �� � �� �� �� � � � �� ��� �� �� �

" fowl "" �� "� � ��� � � �� � " �� " � � ( � � � � � �� ) � �� � �� �& � � " � " ( , � �� � �� � ) � �� �

franchise��� � �� � �� � �� � �� �� �� � � � �� � � � �� �

franchise agreement�� � ��� � �� � � �� � � �� � � � � �� � �� � �� � �� ��

�� � � � �� � � � �� �

franchisee�� ���� �� � � �

franchisor�� �� � � ��� � � �� � �� � � � �� � � �� � �� � � � � �

freelancers���� ��� � �� � �� � � � � � "# �� � �� � �� � �

free - market economies�� ����� �� �� �� �� � � �� � � � � � �� � � �� �� � �� �� � �� �� �

free trade����� �� �� �� �� � �� �� � �� � � � �

Page 21: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

free - for - all atmosphere�� � �� � � � �� � �� �� �� � � �� � �� � �� �

freight forwarder� � ��� � �� � � �� �� �� �� � ! �� � � � ���� � ���

fringe benefits�� �� � � �� � �� � � �� � � � �� �� � �� �� ���� � � �� � �

from scratch���� � � �� � � �

fundamental accounting equation�� �� ���� = �" + �� �� ; �� ����� � �� �

futures markets�� ��� �� � � �� � �� � �� � � �� �

GanttGantt ��

� � �� � �� �� �� �� �� �� � � � "# �� � �� � ��

�� �

General Agreement on Tariffs and Trade ( GATT )�� �� � �� ( GATT )� � �- � �� � � �� � ���� � �� � ��� �

general partner�� ��� �� �� � �" � �� ���� � � � �

general partnership�� ��� �� � �� �� �� � � �� �� � �" � �� � � � �

generic goods�� ��� �� � �� �� �� � � �� �� � � �� � �� � �

generic name�� ��

Page 22: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� � �� �� �� ( �� �� � � ) �

geographic segmentation�� ���� �� � �� �

get in on the dough� � �� �� �� � �$ � �

Ghostbusters80 � �� �� �� � � � �� � � � � � �� � “ � � � ”Ghostbusters ! " � �� �

givebacks� �� � � � � � �� �� � � �� � � �� � �� ���� �� � � � �� �� �

goals��� �� �� �� � �� �� � �� �

goal - setting theory�� � ��� �� �� � �� ���� � � �� � �� � �� � � � �� ��� �� � � � � !� ��� � �� �� �

go for the gold�� � � � � �� �� � ( �� � � �� ) �

gone off the deep end.�� � �� � ��. �� — � ! � ��� � �� � � � �� �

goods��� � �� � � � �� � �� � � � � �� �

go out with me� � � � � �� � � �� � � � � � �$ �� � �

goof off����1 . � � � /� � 2 . � � �� ��� � � � � �� � � ��� �� �

goofing off

Page 23: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

����� � �� ��� � � � � �� � � ��� � �� �

government and not - for - profit accounting�� � � � ��� �� � � � ��� ��� � ��� � � � � � �� � � �� �� �� � � �� � �� �� �

green product�� ���� � �� � � �� � �� �� � �� �

grievance��� �� �� � � � �� � �� � � �� � �� �

gross domestic product ( GDP )������ ( GDP )� �� �� � � � �� � �� � �� � � � �� � �

gross margin ( gross profit )�� ( �� )�� � �� ( � �� ) � � �� � � �� �

growth stocks�� ���� � �� �� � �� �� � �� �� � �� � �� �

hard copy��"�� � � � � ��� �

Hawthorne effectHawthorne ��� �� �� � �� � �� �� � �� �

health maintenance organizations ( HMOs )�� �� �� ( HMOs )�� � � � � � �� � �� �� � �� �� �

heavy hitters��� �� � � � 0 �� � � �

helped turn around�� � ���� �� �� #� �

Page 24: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

hierarchy����� � �� � � � � �� � ���� � �� � �� � ���� ��� �� �

high gear�� ���� �� � �

high – low pricing strategy�� �� � �� � ���� � EDLP � � �� �� � �� � ! � �� �� � �� � �

high tech���"# � � �� �� �� � �� � � � � � �� � � � � ����� �

horizontal merger�� '� � � �� �� � �� ' �

hot second���" �

human relations skills���� ��� �� � �� � �� �� � �� � � �� � �

human resource management������ ���� �� � �� � �� � �� � � � � �� �� ��� � �� � �� �� � �� �$ � �� �� �� � �� �

hygiene factors�� ���$ �� �� � � � � � � �� � � � � � �� � �� � 0��� � � � � �

Page 25: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

If it isn ’ t broke, don ’ t fix it� � ����� �� � �� � � � � � #� � �� � � � � �

implied warranties�� ��� � �� � � �� � �� �

importing�� �� �� �� � �� �

import quota�� � � �� � �� �� � � � �

inbound logistics� � ����� � ��� � � � �� �� � �� � � � ��� �

income statement�� ���� �� � � �� � �� � �� � �� � �� �� ; � �� � �� ��� �� ( � ) �� � �� �� �� � � �� � �� �

income stocks�� ��� �� � �� � �� � �� �

incubators� � �� � �� �� �� � �� � �� � � � �� �

indenture terms�� � �� �� �� � � .

independent audit�� �� �� �� � �� �� � �� �� �

individual retirement account ( IRA )�� �/ �� ( IRA )� � � � �� �� ��� � �� � � � ( � � � �� � � � �� )� � � � � �� �� � � �/ � � �

industrial goods�� ��

Page 26: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� �� �� �� � �� �

industrial unions�� ��

�� �� �� � � � � �� � � � � � � �� � �� �� �

inflation����� � � �� �� �� �� �

infomercial�� � ���� �� � � �� �� � � � � ��� �

informal organization��� ��� � � � �� � � � � �� � �� � � �� �� � � � � �� ��� ��� � � �� �� �

information systems ( IS )�� �� ( IS )� �� �� ��� � �� ; � �& �� ��� ( ATMs ) � �� �

information technology ( IT )���� ( IT )�� �� �� �� � �� � �� �� � � �� �

information utility�� � ��� � �� � �� �� �� �� �� �� �� �� �

initial public offering ( IPO )� � �� � ( IPO )�� �� �� � �� � �� �

injunction�,�� � �� � � � � �� � � � �

insider trading��� ����� �� �� �� �� � �� � �� � �� �� � �� �� �

institutional investors�� �� �� ��� �� - - � � �� � � ��� � ���� � �� � �� ���� �� � � � � �� �� �

Page 27: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

insurable interest� � ���� � �� �� � �� �

insurable policy� � �� ���� � ���� �� �� � �� � �� � � ) �� � �� �� � �

insurable risk� � ���� � ���� � � � �� �

intangible assets� ��

�� � � � � �� �� � � �� � �� �

integrated marketing communication ( IMC )� �� �� ( IMC )� �� �� �� � �� �� �� �� � �� �� �

integrity - based ethics codes�� �� �� �� � �� � � �� � �� � �� � �� �� �� � �� � � � � � �" � �� �� �

intensive distribution�� ��� �� �� � ��� � � ��� �� �

interactive marketing program-�� �� � � ��� �� �� �� �� � �� � �� � � �� � � �� �� ���� �� �

interactive promotion-�� ��� ��� � � �� �� � 0 �� � � � � �� �� �� � �� �� �� � � ��� �� �- �� � �� �

interest���� ��� � � ����� � � � �� � �� �

intermittent process�� � �� ��

� �� �� � � �� � � �� �� �� � �� � �� �

Page 28: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

intermodal shipping��� � �� � �� �� �� �� �

internal customers�� ��

�� �� � �� � �� �� � �� � �� � � �

International Monetary Fund ( IMF )������ �� ( IMF )� �� �� �� �� �� � �� �

Internet 2���� 2 �� ���� �� � � � �� � �� � � ���� �� ; � ��1 � �� � 22,000 � �� � � � � �

in the right hands �� � � �� � � �

Intranet���

1 � �� � �� �� � � ��� � �� ���� �� �� � 2 . � ��

���� � �� � �� � � ��� � �� �

intrapreneurs�� � � ���

� ��� � � �� ��� � � �� �� �

intrinsic reward�� �� � � � � �� �� � � � � �� �

inventory financing �� �� ���� �� � � ��� � �� �� � �� �� �

inverted organization�� ��� �� � �� � � � �� � � �! �� � � � �� ��� �� �

investment bankers�� ����� �� � � � �� �� � �� �

invisible hand� � �

Page 29: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� � � 2� � !�� �� � � �� �� �� � � � �� �� �� � �� � �� �� � �� �

involuntary bankruptcy� ��

� � �� ��� �� � �� � �

IOUs DebtIOUs ��� " � � � � “ �� �

is the heart��� � � � � ) ; �� � � �� �

ISO 9000ISO 9000�� � �� � �� �� � � �� � �

ISO 14000ISO 14000� �� � �� ���� � �� � �� �

job analysis�� ��� �� ���� � �� � � � � �� � �� �

job description�� ��� � �� �� �� � � � �� �� � � ��" � �� � �� �� � �� � � �� � �� � �� �

job enlargement�� ��� ��� � "� � ��� � ��� � �� � "� � � �� �� �

job enrichment�� $�� � �� �� �� �� � � �� �

job rotation�� ��� � �� �� � � � �� �� � �� $� �� �

job sharing�� �%� � � � � � �% �� � � �� � �� �� �

Page 30: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

job simplification�� ���� �� �� � � � � �� �� � �� � � �� �� �� �� ���� � �� �

job simulation�� ���� � �� �� �� � "� � ��� � � �� � � � �� ���� �� �� �

job specifications�� ���� �� �� �� � � �� �� �� � �� � ! �� �� �

joint venture � ��� � � � � �� ( � �� � �� ) �� � �� � �

joke around� � ��� �� � � � ��� �

journal�� ��� �� �� �� � � �

judiciary���� � �� �� �� �� � �� �� �

jump at the idea� � �� � �� � �� � � �

jumped headfirst�������$ � ��� � �% � � �

junk bonds�� ��� �� � � �� �� �

just - in - time ( JIT ) inventory control� ( JIT ) �� ��� � � �� � �� � �� � �� � �� �� �� � � � � � ��� �� �

key player�� ��

Page 31: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� � �

kick back and relax�� ��/� �

Knights of Labor� � ��1869 � �� � �� �� �� �

knockoff brands�# ���� �� �� � �� �" �

know - how�� ��� � �� � �� �� �� �

knowledge management� ���� �% � �� � �� �� � �� �� �� � �� � �� �� ���

knowledge technology ( KT ) � �� ( KT )� ���� �� �� � � �� �� � ���� � � �� �� ���

knowledge walk out the door� ��� � � �� � �� � � �% � � � �� � �� �� �

laissez - faire ( free - rein ) leadership�� � ( �� �� ) �

� �� � �� � � �� �� � �� � �� �� �� �� � ��� � �� �

last in, first out ( LIFO )�� � � � ( LIFO )�� �� �� � � � �� �� � � � �� �� � �� � �� �� ���

the last laugh� � �� �� �� � " � � � � � � � � � " �� � � � �� � � ��

latchkey kids� � � ��

Page 32: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� ��&� �� �� �� � �� � � �� �� � � �

law of large numbers� � �� �� � � � � � � � � � �� � �� �� � � �� �� � �� �� � �� � � � � �

leading�� �� �� �� �� � � � �� � �� � � !� � � �� � �� �� �� � �� � �� �

lean manufacturing� ���� �� �� �� � �� � �� �� � �� � �� �

ledger�� � ��� �� � �� � � � �� � �� �� � �� �� � �� �� �� � ��

� � �� �� �� � � �� � �� �� �

letter of credit����� � �� � � � �� �� � �� � � �� �

leverage�� ������ � � �� �� �� � �� �

leveraged buyout ( LBO )�� �� ( LBO )� � � �� �� � � �� �� �� � �� �� � �� � �� � ���

liabilities���� � � � � �

licensing����� � ( ��� �� � ) �� �� � �� ( �� �� � ) �� � � �� �� �� ( ��� �� � ) �

limited liability company ( LLC )� �� ( LLC )� S �� � &� �� � �� �� � �� �

limited liability partnership ( LLP )� �" � ( LLP )

Page 33: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� � � �� � �� � � � � � � � � �� �� � �� � � �� �� �� � �� �

limited liability� �"� �� � � �" � � �� � � ; � � �� �� � � � �"�

limited partner� � ��� �� ��� �� "# �� �" � �� � � �� �" �

limited partnership� �� � � �� � � �� � �� �� � � � � � � � �

limit order � ���� ��� �� �� �� �� � � �� �� �

line of credit����� � � �� � �� � � �� � � �� �

line organization� � �� �� �� �� � �� � � �� �� � �" � �� � � �� � � �� � � � �� � �� �� �

line personnel�� �� � �� � �� �� �� �� � � �

liquidity����

�� � � �� � �� � � �� �

lockout� ��� � �� � �� �� �� � � � � �

level playing field�� �� � ���3 �

logistics �� � � ��� � � �� � � �� � �� �� � � �� � � �� � �� ��� �� � �� �� �� �� �

Page 34: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

long - term financing�� �� � � �� � � � � �� �� �� � �� �

long - term forecast�� �� �� � � � � 4� � ! � � � �� � � �� �� �

loss�� �� � � �� �� �� � � �

M - 1M - 1� �� � � � � �� ( �� � �� � � � ��� �� � )

M - 2M - 2M - 1 �� �� �� � � � � �� ( �� �� � ���� �� � ��� � �� �� �� � )

macroeconomics�� ����� �� �� �� �� � �� ��� ) �

management���� � � �� � � � �� �� �� �� �� � �� �� �� � ���

management by objectives ( MBO )���� ( MBO )� �� � �� �� � � � � �� �� ��� �� �� � � ��� �� � �� �

management development�� ���� � �� � �� � �� � �� � � �� �� � � ���� �

managerial accounting�� �� �� � �� �� � �� �� �� � �� �� � �� � �

managing diversity �� ���� � � � �� � �� �� � � � � !� � �� �� � �� �� �

manufacturers ’ brand names��� � ��

Page 35: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� �� � ��� �� � market �� �� � �� � �� �� �� �

marketing ��� �� � �� � �� � �� � �� �� � �� � �� � ��� � �

marketing concept � �� �� �� "� : ( 1 ) �� �� , ( 2 ) � �� � � ( 3 ) �� �� �

marketing intermediaries � ���� ��� �� �� � � � �� � ��� �� � �� �

marketing management � ��� � �� �� � �� � �� � �� � �� � �� � � ( �� � ) �� �- �� � � �� �

marketing mix � � �� �� � �� � � � ) : �� � �� � �� � �� �

marketing research�� �� ���� �� �� � �� � �� �� �� �� � �� �

market order�� ���� ��� � �� � � �� �" �� � � �� �

market price�� �� �� � �� �� � �� �

market segmentation�� �� � � �& �� � � �� � � �� � � �� � �� �

marriage of software, hardware, etc.�� � ���� ���� � �� � � �

Maslow ’ s hierarchy of needsMaslow � ���� � �� � �� �� �� �� �� � �� � �� �� � �� ��� �� �� � ���� � �� �

Page 36: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

mass customization � �� ���� �� �� �� �� � �� �

mass marketing�� ��� � �� � �� �� � �� �

mass production�� ��

� ! � �� � �� � � � � �� � �� � �� �

master limited partnership ( MLP )�� � � ( MLP ) � � � �� � �� � �� � �� � � �� � � � � � � �� �� � �� � � � � � � �� �� � �

materials handling��� ���� � �� � �� � � �� �� � �� �

materials requirement planning ( MRP )�� � � ( MRP )�� � �� � �� �� �� � �� � � �� � �� � � ��� � �� � �� � �� �

matrix organization�� ���� � �� �� � �� �� �� �� �� �� � � 5� �� � �� ��� � � �� �

maturity date�� ��� ��� �� � ����� �� �� % �� �

measuring stick� ���� �� � �� � �� � �� � �� �

mediation !�� �� � � � ! � � �� �� �� � � � �� � �� �� ��� �

mentor� �� � �� � � � � �� � � � � � � � � � �� � � �� � � �� � � � �

Page 37: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

merchant wholesalers�� ���� �� � �� �� � �� � �� � ��� �

merger '� � �� ' �� �� �� �

Mickey D ’ sMICKEY D ' S�� � ��

microeconomics�� ����� �� � �� � �� �� � �� � �� �� �� �

micropreneur� ������ � � �� � �� � �� � �� � � � � � � � � � � �� � � � �� � � �� � ���� �

middle management�� ��� � �� � � ��� � �� �� � � � �� �� �� � � � � � �� �

mine the knowledge� ��� � � �� � �� �

mission statement�� � �� �� � �� �� � �

mixed economies� ���$ � �� �� � �$ �� � �� �� � �� �� �

monetary policy����� � �� � � �� �

money��"# � � �� � � � � �� �� � � � �� �

money laundering��� �� �� �� �� � � �� � � �� � � � �

Page 38: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

money supply�� � � �� �� �� � �� � �� �� �� � � �

monopolistic competition�� ��� � � � � � �� �& �� � �� � � � �� � �� �& �� �

monopoly�� �� � � � � �� �

more than meets the eye�� � � � � �� � � � �� �

motivators�� ��� �� � ��� � � � �� �� � �� �� �

mouse click away�� �� - � �� ���� � � � � � � � � �

muddy the water" ��� �� �� � �

multinational corporation ( MNC )%��� ( MNC )� � �� � �� �� � � �� � � � �� ��� � � �� ��� �

mutual fund ��� �� �� �� � �� �� � � � ) � � �

mutual insurance company�- ��������� �� � ���� �� �

National Association of Securities Dealers Automated Quotations ( NASDAQ )��� �� �� ��� �� �� ( �� �' )�� �� ��� �� ��� � �� ��� � �� �

national debt�� � � �� � ��� �� &� ( � �� � � �� �� ) �

Page 39: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

negligence���� � �� � �� � �� � �� �

negotiable instruments�� ��� � �� � �� �� �� � � �� � �� � �� �� � ( �� ) �

negotiated labor – management agreement ( labor contract )�� � � �� ( � �� )�� �� � � �� � � �� �� � �� � � � � �� �

net income or net loss� �� � � ���� �� �

network computing system ( client / server computing )���� �� ( ��� / 6�)�� ��� � � �� ( �� ) � �� � ( 6� ) � � ����� � �� � �� �

networking���� �� �� � �� �� �� � � � � �� � ��� �

networking ( personal )�� ( �� )� �� � � �� � � �� �� � �� � �� �� � � �� �� ���� �� � ��� � �� �� �

niche marketing� � ��� � �� �� � �� �� � � � � �� �� � �� �

no haggle pricing� ��� �� � �� � � �� � � � �� � �� �

nonbanks� ��� � �� � �� �� � �� � � �� � � ( � �� � � ����� �� �� �� � �� �� �� � � �� �� ) �

nonprofit organization� �� � ���� � � �� ��� �� �� � �� �

Page 40: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

North American Free Trade Agreement ( NAFTA )"� ���� �� ( NAFTA )� �� � ��� � � ��# �� �� �� ����� � �� �

not bat an eye������&. � �� ; �� �� �

objectives���� # �� �� � �� � �� �

odd lots�� ��� �� �� 100 ) �) � �� �

off - the - job training�� ���� � �� �� � �� � �� � �� � � � �� �� �� ��� �� �� � � �

oligopoly�� ��� � � � �� �� � �� � �

one - to - one marketing�� � ��� � � � � �� �� �� � � �� � � �

online training� � ��� �� ���� �� � �� � �

on - the - job training�� �� �" � � � "� � � � � � � � �� � � � ��� �� �� � �� � � �� �� � �� �� �� �

open - market operations������� Fed � �� ���� � � � � �� � � �� � � U � S � �� ��� �� �

open shop agreement�� �� �� �� �� � �� �� � � �� � � �� �� � �� � � � �� �� �� �� �� �

operating ( master ) budget

Page 41: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� ( �� ) ��� � � �� �� �� �� � �� � � � � �� � �� � �# ���� � �� � �� � � � � �� �� �

operating expenses����� �� � � �� � � � � � �� � � �� � �

operational planning� � � �� �� � � �� � � � �� � �� �� � �� �� � �� �

operations management�� ��� �� � � ���� � � � � � �� � � � �� � �� �

organizational design�� �� � � �� �� �� � � �� �

organizational ( or corporate ) culture�� ( � �� ) ��� �� � �� � � ���� � �� � � � �� � �� � �� (� � � � �

organization chart�� ��� �� �� �� � � �� �� � �! � � � �� �� �� �� ��" � � � � � �� �

organizing���� �� � �� � � �� �� � �� �� � �� � �� �� ��� �� �� � �� � �� �

out of the office loop� �� � �� � � �� �� �� �� �

outbound logistics� �� � � ��� � �� � �� �� �� � �� � �� � ��� ( � � � � ) �

outsourcing��� �� �� � � �� � �� �� � �� � � �� �� �

over - the - counter ( OTC ) market��� ( OTC ) ��

Page 42: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� � �� �� � � ���� �

owners ’ equity�" �� � �� �" �

participative ( democratic ) leadership�� ( �� ) ��� � � ��� �� �� � � �� �

partnership �� � � � � �� � �� � �� � �

par value��

� �� � �� � � � � �) � �� �

patent��� � �� � 20� �� � � �� �

pave the way����� � �� � � �� "� � �� �

peanut butter and jelly��� � �)�� � ��� � ; � �� �� � -� �� �

penetration strategy�� �� �� �� ! �� �� �� � �� �� � �� �

penny stocks!� ���� �� $2 ( �$ �� � $5 ) � �� � � �� �� �� �

pension funds� �� �� �� � � �� � �� � �� �� �� � �� �� � � � �/ �� �� �� �� �

perfect competition�� �� � �� � � �� � � �. �� � �� � �� �� � � � ��

�� ���� �

Page 43: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

performance appraisal�� ��� � �� �� �� � � �� � �� �� �� � � ' � �� �� � �� � �� �

perks�( �( � �� ; � � �� � � � � � �! � � �� �� ��

personal selling�� ���� � � � �� �� � � �

pick up the tab��� � � �� �

piece of the action�� � ���� � � �� �

pink slip�� ���� �� ; �� � �� �� � �� ���� ( �� � ) �� � � �� ��� � �

pitch in�� �� �� � �� �� �

place utility�� ���� �� � �� �� �� �� � � �� �� �� �

planning� �� #� �� � �� � �� �� �� �� � �� � �� �� �

played his last card� � ��� � � �� � � � � �

pledging���� ���� � �� �� �� �� �� � �� �

PMIPMI

Page 44: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� � � �� �� � �� �� � �� � � � � � � � $ ��� �� � � �

pool their creative juices ' � ���� � � "� ; ��� �

possession utility��� ��� �% �� � � � ��� �� � � � �� � � �� �� � �� �� � �� � � �� �

poster child�� ��� � �

precedent��� � $� �� � �� � �� � � �� � � � �� �

preemptive right�� � �� � �� �� � � � �� �� %� � � �� ) �� �� �

preferred provider organizations ( PPOs )� �! � �� � �� ( PPOs )� HMOs �& � � �� �� � �� � � �� � �� � �� � �� (�� ) �

preferred stock�� ��� � �� �� � � �� �� %� �� �� � � �� �� �� � � �� � ��� �� %� �� �� ��� �

premium�� �� � ���� � �� �� �

price leadership�� ��� � � �� �� � �� � �� �� � � �� � � � �� ��� �

primary boycott� �� �� �� �� � � � � � � � � ��� � �� � �� ��� �

primary data� ��

Page 45: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� �� � �� ( � � �� �� � �� � �� � �� � ) �

principal���� � �� �

principle of motion economy�� �� � ��� Frank � �� � Gilbreth �� � �� , �� �� �� � � � �� ���� �� �

private accountants�� ���� � �� � ���� � � � �� � �� � � �� �

pros and cons� � � �� � � � �� �

problem solving�� � �� � �� �� � �� � �� : � � � � �� �� �� � � �� � �� �� �

process manufacturing�� ���� � � �� � �� �� � � �� �� �� �

process planning�� � � � �� �� �� � �� � � �� � � �� �

producer price index ( PPI )�� �� � ( PPI )�� � �� �� �� � � �

product��"# � �) �� � �� �� � � � � �� �

product analysis�� ��

�� �� � � � � �� � � � �� �% � �� � � �

product differentiation�� � ��� � � � � � �� �� �

Page 46: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

product placement�� ��

� �� �� � ��� � � � �� �

production��

�� �� �� � � � � � �� � �� �� � � �� � �� � �

production management�� ��

� �� �� � �� �� �� �� � � � �� �� �

productivity���

�� � � �� � �� � � � � � �� � � ( � � ��� ) �

product liability� �� � � �" � �� � � � � � � �� � �� �� �� � �� � ���� ���� �� � �� � �� � �� � � � � � �� � �� � �� �� �

product life cycle�� ���� �� �� �� �� �� � �� � � � � �� �� �

product line�� ��� � � �& � �� �& �� � �� �

product mix�� � � ��� �� � �� �� � �

product screening�� �� � � � � � � � � � �� �� � � �� �

profit���� �� �� � �� � � �� � �� �

program evaluation and review technique ( PERT )� �� � � �� ( � � �� )�� �� "� �� � �� � � �� �� �� � �� � �� �� ��"� � �� � � � � � �� � �� � �� � � �

Page 47: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

program trading� ���� � � �� � �� � � �� � �� � �� �� � ��� �

promissory note���� �� � � �� � �

promotion��1 � �� � �� !� �� �� �� � � � �� � 2 . �� �� � ���� � �� � � �� �

promotion mix� ���� �� � �� �� � �

prospecting�� �� �� �� � ��� � � � � �� �$ �� �� � � �

prospects� �� �� �� � ���� � �� �� � �� � �� � �� �

prospectus�����

� �� �� �� �� �� � SEC "� � �� � �� �� � �� � ��� ; �� ��� �� �� � � � � �

provided the spark�� �� �!� � � � �� �

psychological pricing�� ���� �� � � � �� �� � �� �� �� � !" � � � �

psychographic segmentation�� �� �� ���� � � �� � ��� � �� � �� � � �� �

public accountant� ��� �� � �� �� �� �� � � ��� �

public domain software ( freeware )

Page 48: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� ( ���� )�� �� � �� �

publicity��� �� � � � � � � �� � �� �� � �� �� � �� ��� � "# �� �

public relations ( PR )� �� ( PR )�� � �� � �� � � � � � � �� � � �� �� �� ��� �� � � �� � � � �� �� �

pull strategy�% ��� � ��� �� �� � �� �� � � �� � �� � �� ��� �� �

pump up the profits� � � �� � � �� � �� � � �� �� � � � ��� �� � � �

purchasing��� �� �� � � �� � �� � � ��� � � �� � � � � ��� � �� �

pure risk� ���� �� �� � �� �� �

push strategy�� ����� �� ��� � �� �� � �� �� � � �� �� �� �� � �� � �� �� � � � �� � �� �� �

push technology�� ������ �� � �� �� � �� � � �� �� � �� � � �� � ��� � � �� �� �

qualify �� � � �� � � �� �� � � �� �� , �� �� � � �� � ���

quality�

Page 49: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� � �� �� � � � �� � � � �� � �� �� � �� �

quality control� ��� �� �� � �� � � �

quality function deployment ( QFD )� �� �� ( QFD ) �� �� ( �� ) � � � � �� � �� � � ��� � � �� ��� �

quality of life�� ��� � �� � �

quid pro quo� �# � �� �� " � � �

quite a stir��&�� � � �� �� � �� � �� �

rack jobbers' � � ��� �� � �� ( � �� � �� �� � � � �� �

ratio analysis�� ���� �� �� �� �� �� � � �� �� �� �� � �� �� � �� ��

real time� � � �� � " ; �� ���� � �� � �� � � �� �� � ���� �7 � � �� �

recession�������� � � � � �� � �� �

recruitment$ �� � � �� $) � � � �� � �� �� � �� �� �� ��� � �� � �� �

reengineering� � � ��

Page 50: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� � ��� � � �� �� �� �� � � �� � �� �

reinforcement theory� �� � �� �� �� � �� �� �� � � !� �� �� � � �� � �� �

relationship marketing�� � � �� � � �� �� � �� � �� �% � � �� � �� � ��� � �� �

reserve requirement�� ����� � � ���� � � � �� �� � ��� �

resource development�� ���� !� �� �� � �� � � � � �� �$ �� � �� �

the rest is history� � � ��� !�� � � �� � �� � �

restructuring�� ��� � �� � � � � � � �� � � �� � �

retailer��� � ��� � � �� �

retail sale��� � � � � ��� � � �� � � �

retained earnings� � � ���� �� � � � � �� �� � � �� �� �� �

return on investment ( ROI )�� �� ( ROI )�� � �� � � �� � � ��� � �� � �� �� � �� � ���1000 �� �100 � �� �� � ���! � �100 � �1000 �

revenue��1. � �� �� � �� � � �� � �� � � � � � �� � �2 . �� � � �� � � �� �� �

Page 51: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

reverse discrimination�� #� � ���� � � � �� � � � � #� �

reverse logistics� �� ���� �� � �� � � �� � � � �� � � ��� �

revolving credit agreement�� � �� ��� �� �� � �� � �

right - to - work laws�� ����� ��� �� � � �� �� �� �� � � � � �� �� � �� � ��� � �� �� �

risk��1. �� � �� � �� �� � ��� � �� � � ��� �2 . ��� � �� � � � � �� � � � �� � ��� �

risk / return trade - off�� �� ���� � �� � � � �� � �� � �� � � � � �� �

robot���� � �� � �� � �� � �� �� � �� � "� �

roller coaster ride8 � ���� �� � �� � � �� 8 � ��� �� � !� � �� �� �

rookie mistakes�9 �� � �� ��� � � �� ; �� � � �� � � � �� �

Roth IRARoth IRA � IRA � � � � � IRA �� � � � �� � � �� �� �� �� � � �� �� �

round lots� �� �� 100 � �� �

rule of indemnity

Page 52: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� ����� � �� � � � � �� � �� � �� �� � � � �� � �

rules - of - the - road orientation� � �� �� �� � � � �

run on the banks � � �� � �� � � �� � �� � �% �� � � 0� � ���� � � � � �� �� � � �

sales promotion�� ���� � �� !� ��� �� � ��� � �� � �� �� �

sampling���� �� �� ��� � �� � � � �� �� �

savings and loan association ( S & L )�� � �� �� ( S & L )� �� � � �� � �� $� �� �� �� �

Savings Association Insurance Fund ( SAIF )� � �� �� �� ( SAIF )FDIC �� � �� �� �� �� � �� � �� �

S corporationS ���� � �� �� � � � �� � �� � �� � �� � � �

scab% � �� �� � �� �� �& �� � � �� �� � �� � � �

scientific management������ �� � � � � �� � �� �� � �� �� �� �$ �� �

sea of information�� �� �� ; � � � � � �� �

seat - of - the - pants start - up����� � �� �� � � �� �

second thoughts� ���� � � � �� � �� �� �

Page 53: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

secondary boycott� ��� �� � � � � � �� � �� � �� ��� � �� � Taft -Hartley Act �� �

secondary data� � ���� � � � �� � �� � � � � �� � � �� � � � � �� ��� �

secured bond�� �� � � �� � �� � �� �

secured loan�� ��� �$ � �� � �� � � �� � �� � �� �

Securities and Exchange Commission ( SEC )SEC ( SEC )�� � � �� �� � �� � �� �� �� �

selection���� �� �# �� �� � �� � �� � � �� �� �� �� � ��� �

selective distribution� ��� � �� � � �� �� � � �� � � � � �! � �� � ���� �

self - insurance�� �� � �� � � �� � � �� � � � � � �� � �� � �� �

Service Corps of Retired Executives ( SCORE )�/ � �� � �SBA � � �� � � 13,000 � �� � �� � � �� �� �� ( �� � )�

services�� �� �� � �� � � �� � � �� �

service utility� ��� � �� � � �� � !� � �� �� � � � �� � �� �� ��� � � �

Page 54: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

sexual harassment��)�� !� � � �� � �� � !� � � � � �� ( �� � � �� � ) �

shareware %��� �� �� � �� � � �� � �� � �� �

shaky ground�� ���� � �� �� � �� �

Sherlock HolmesSherlock Holmes � � �� �� � �� �� "! � � �� � �� � �� � �� � �� �

shoestring budget� ��� �� �� �� � � � � � � � �� � �

shopping goods and services�� �� � ���� � �� � �� � � �� � � � �� �� " �� � �$ �� �

shop stewards�� ��+ � � � � �� � � � � �� � �� � �

short - term financing� �� � � �� � ��� �

short - term forecast� �� �� � �� � � � �� �� � � �

sift through mountains of information�� �� �� �� �� � �

sinking fund � ���� �� ��� � �� �� �� ��� � �� �� � � ���� � ��� �

Six Sigma quality� � � � �

Page 55: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

� �� � �� 3 - 4 � �� � � �� �� �

skimming price strategy"� �� ��� �� � �� �� � � � � �� �� �� �� � �� � �� �

small business� ���� �� � �� � �� � � � �� �� �� �� �� � �� � �� �� �� �� �� �� ( � � ���� � � ) �

Small Business Administration� �� ����� �� �� � � �� �� � �� � �� � �� � U . S. ���� �

Small Business Investment Company ( SBIC ) Program� �� �� �� ( SBIC )� � � �� ��� � � �� �� �� � � �� �� � � �

smart card�� �� � ��� � �� � � � � � �� � �� � �� �� �� �

smoking gun� � � � �� � � � �� �� �� �� � � �� � � � �� �

state - of - the - art� � � � � � �

statistical process control ( SPC )�� ���� ( SPC )� �� �� �� �� �� �� � �� � �� � �� � �� �

statistical quality control ( SQC )�� � �� ( SQC )�$ �� �� � �� �� �� ��� � �� � � �� �

staying afloat�� �� - � � �� � �� �� �

social audit�� ��� � �� �� �� �" � �� � �� �� � �� �

socialism����

Page 56: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� �� �� , �� � �� � �� �� �� � �� �� � �� ��

�� � � �� � �� �� �

social responsibility�� �"��� �� �� � �� �� � �� �

Social Security������ 1935 ���� � �� � �� �� � #�� � � �� � � �� � �

sole proprietorship��� � �� �� �� � �� �

span of control�� ���� � � �� � � �� � � � � �

specialty goods and services�� � �� � ��� � � � � � �� ��� � � �� �� � �� � �� � � �

speculative risk�� � ��� �� � �� � �� �

spruce up�'� � � � �� �� �

squeezing franchisees ’ profits� � �� �� � ���� � � �� �

staffing���� �� � �� � � � �� �� �� � � �� � �� �� �

staff personnel�� � � � � �� �� �� �� � � �� � � �� �

stakeholder marketing* �� � � �� � �� � �� � �� �� �� �� � �� �- �� � �� �

stakeholders* �� � �

Page 57: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� �� � � � �� � �� � �� � � �� � �

standard of living�� � �� � � � �� � �� � � � � � �� � � � � �

start - up business� � ���� � �� �

statement of cash flows�� �� � � � � ��� �� � � � �� �� : �� � �� � �� � �� �� � � � ���� �

statutory law�� ��� � �� �� �� �� � �� � �, - - �� , �� �� �

stockbroker�� ����� �� �� � �� � �� � �� �� � �

stock certificate�� ( �� )�� ��� � �� � �� �� � �� � � ) � � � �� � ���� �

stock exchange������ � � �� � � �� � � �� � �� �

stock insurance company�) ����� �� �� � ���� �� � stocks �� �� ��� � ) �

stock splits�)���� � �� �� � � �) �� � � � �) � �� �

strategic alliance�� ��� � � � �� �� �� � �- �� �� �� �� �� �� �� � � ��� � �

strategic planning�� � �� �� � �� �� � � � �� � �� � �� �� �� �$ �� ��� �

Page 58: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

strict product liability� � �� � � �"� �� �% � �� �� � �� � �� � �� � � � ���" �

strike���� %� �� � �� �� ; �� � � �� � �� �� � � �� � ���

strikebreakers�� �� ��� � � �� ��� �� � � �� �� �� � ��� �

structuring an organization�� ��� �� ( � �� ��� ) � � �� � �� � �� "� � ��

� �� ) � � � �" � �� �� � �� �

subliminal advertising�� ����� �� � �� � �� �� � �� �� � �� � � � �� �

supervisory management� � �� � �� � ��� � �� � � �� �� � �� �

supply��� �� � � �� � � �� � �� �� � �� � � �� � �

supply chain�� �� � ���� � �� �� � ��� � �� � � �� � ��� � �� �� �

supply - chain management�� �� �� �� �� �� �� �� ��� � �� � �� � � �� ��� � �� �� �

SWOT analysisSWOT ��� �� � �� � "� � �� � � �� � �� �

tactical planning� � � � � �� �� � � �� � � � � � !� � � �� �

Page 59: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

to take a break� ��& �� �� � � $ �� � �& �

take the plunge( �� � � � �� �� �� �� � � �

talking the talk� � ��� � �� � � � �� �

tall organization structure� �� ���� � �� �� � �� � �� � ��� ��� �� � �

target costing�� ��� � �� � � �) �� � �� � �� �� � �� �� �

target marketing�� �� �� �� � � �� � �$ �� � �� �� � � �

tariff��

� �� �� � � �� �

tax accountant�� ��� � �� �� � �� �� �� �� � �� �� � � �� �

taxes�

�� ( �� � � � � �� ) � �� � �� �

tax deferred��� ��

�� � �� � �� � �� � �/ � � �� �� � � �� � � �

technical skills�� ��� �� � �� �� �� � �� �� "� � �� �

technology��

Page 60: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�% � ��� � � � � �� � � ����� � � � ���� �� �� � � �� ��� � �� �� �� �

teens! � �� � � 13 � 19 �� � ��� �

telecom�� � � �

telecommute� ���� �� � �� � � �� �� �� �

telemarketing ���� � � �� � � �

telephone tag ��� � �� � �� � � � �� �

term insurance� ���� �� � � � � �� �

term - loan agreement� ���� �� � �� � ���� �� �� � �� �

test marketing�� �� � � �� �� � �� � �� �

thorny issue� � ���� � �� � �� ( � � �� & � � � � ! � �� � ) .

through the grapevine�� �� � �� ; �� �� � � � �� �

time deposit������ �� � �� �� � �� � �� � � ��� � � � �� �� �� ��

�� �

Page 61: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

time in the trenches(�� � � �� ��� �� � � �� � �� �� � � � �� � �� � � �� � ��

� �� �� �� �� �� � �� �

time - motion studies � �� ��� Frederick �� � � �� � �� �� � � �� �� �� �� "� ��� � � �� �� "� �

time utility � ��� �� �� � � �� �� � �� �

tip of the iceberg*� � ��� �� � �� � �� �� �

top management� �� � �� �� � � �� � �� �� �� �� � � �� �� �

tort������ � �� �� � �� � �� �� � �� �� �

total fixed costs� ����� � � �� � � �� � �� �� �

total product offer�� � � �� ��� �� �% �� � � � �� � �� �� ; $� � �� � � �

total quality management ( TQM )�� � �� ( TQM )� � �� �� �� �� � � �� �� � �� � �� �

trade credit�� ���� �� �� � � � � �� � �� �

trade deficit��! ��! �� � � �� � �� � �� �� � � � �� �� � �

trademark��

Page 62: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

1 � � �� �� �� � �� � �� � �� � 2 . �� �� � � �� ��� � �� � � ( � �� � � ) "� � � � � �� � � ���� � � �� � � � �� �

trade protectionism�� ������ �� �� � �� � � � �� ; �$ � �� � �� �� �� ��

� � �� �� � � � � � �� �

training and development�� � ���� �� � � �� �� � �� ��� � �� �� �

transparency��� � �� �� �� � � �� � � �� ��� � � � � �� � ��� �� � � � �� �% � � �� � �� � � �� � & �� ���

trial balance������ � �� �� � �� �� � �% �� �� � �

trial close�� ��� � �� � �� �� �� � � �� �

trigger - happy: � �� �� � �� �� �� �� #% � � � �� �

turn a blind eye� � � �� �� � �� �� � � � �� �

turn the work off � � �� �

umbrella policy�%� ��� � � � �� � ��� � �� � �� �� � �� � � �� � ���

unemployment rate����� �� 16 � � �� �� � � � �� �� � � � �� �

Uniform Commercial Code ( UCC )

Page 63: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

�� �� ( UCC )�� �� � � �� � �� � �� � � � � � � � �� �� �

uninsurable risk�� � ������ � � � �� �

unions��� � � �� � � �� �� � � � � �� �� � �� � �� �� �

union security clause�� �� ��� � �� �� � � � �� � �� � � �� �� �� �� � ���� �� �

union shop agreement� �� �� � � �� �� � �� � �� �� �� � � � �� ��� � � � �� �� � � � �� �� �� � �

unlimited liability� �"��� � �� �� �� � �" �

unsecured bond� �� ��� � ��� � �� � � �� �

unsecured loan������� "# �� �� � � �� �

unsought goods and services � �� � �� � ���� � � � � ��� � � � �� � � �� � �� �� ���� ��� �� � up front ���� � �� �� � � �� � �

up front����� �� �� � � �� � �

utility���� �� �� � � � �� � �� �� � � �� � � � � � �� ��� � �� � � � �� � ,��� � �� �

value

Page 64: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

��

�� �� �� �� � ; � ��� �� �� � �� � � � � �� �� �� �� �� � � � �% �� �� �� �

value package�� � �� �� �% � � � ��� � �� � �% � $� �� � � � �

value pricing�� ���� � � ��� �� �� �� � �� �� � � �

variable costs�� �� �� � �� � �� �� �� �

variable life insurance�� ����� �� � �� �� �� �� � �� � �� � � �� � �� ���� �

venture capital#� ��� �� �� � � � �� � � � �� � �

venture capitalists#� ����� � �� �� � � �� � �$ �� � ) ��� �

vertical merger�� '� � � �� �� � �� �� � ' �

vestibule training�� �� �� � �� � � � � �� � �� � �& � � � �� �

viral marketingviral � � � � �� � �� � � � � � � � ��� � �� � �� ��� �� �� � � � � �

virtual bank ����� �� �� � �� �

virtual corporation � ���� � � � � �� �� � � � � � �� �� � �� �� �

Page 65: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

virtualization ���� �� �� �� �� ��� � � � �� �� �

virtual private network ( VPN ) ���� ( VPN ) � �� ���� � �� �� � �� �� �� �� �� " ���� " �

virus�$�� � ��� � #� � �� � � ��� � � � �� ��� � ��� !� � �� �

vision� �� � �� ��� �� �� �� +� #� �

volume segmentation� ��� � � � �� �

voluntary bankruptcy�� ��

� ��� �� � �� �� �

walking the walk����� �� � �� �

wannabes� � �� �%� �� �� � � � �

watching over your shoulder� ��� � �� � � � � �% � �

Whistleblowers�� ��� �� � ��� � �� � �� �

whole life insurance�� ������� �� �� 100 � ���� �

wholesaler ��� � �� �� � � �� �

Page 66: absolute advantage accounting cyclehighered.mheducation.com/sites/dl/free/0073524565/324443/Mandarin... · multinational corporation ( MNC ) % ... selection # selective distribution

wholesale sale � �� �� � � � � �� � �� ( � �� ) �� � � � �� ��� � �

will��� � � �� �� �� � �� � �� � � !� �� � � �� � � �� �� �� �� � � �� � �� �

word - of - mouth promotion�� ���� �� �� � � � � � � � �� � �� �� �

Worker ’s compensation insurance�� � ���� � �� � �� �� � � � �� � �� �% � �� � �� � � �� ( � � � ) � �� �

World Bank�������� �� �� � ���� �� ; ( � �� �� �� �� �

World Trade Organization ( WTO )�� �� �� ( WTO )� �� �� � �� � �� �� � �� �� �� �� � �� �� �

yellow - dog contract� � �� �� �� �� �� �� �� � � ��� � � � � Norris La Guardia�� �� �

you get what you pay for������� � �� �� � � � � � � �� �� �

zero sum game� �� �,� �� � � � �� �� ;� � �, - - � �� � � � � � �, �� �� � � , �