Question: Match the key term to the definition Key Terms Answer Definitions Board of directors 1.Budget used for long-term investments Capital budget 2.Responsible for the securing,
Match the key term to the definition
| Key Terms | Answer | Definitions |
|---|---|---|
| Board of directors |
| 1.Budget used for long-term investments |
| Capital budget |
| 2.Responsible for the securing, distribution, and growth of a companys financial assets |
| Chain of command |
| 3.Deals with the electronic management of information within an organization |
| Creativity |
| 4.Issues that occur on a daily basis and no longer than one year |
| Customer service |
| 5.Executive responsible for implementing a companys overall strategy |
| Departments |
| 6.Managers that concern themselves with operational issues |
| Directional statements |
| 7.Formal document that identifies how the company will secure, organize, utilize, and monitor its resources |
| Divisions |
| 8.A tangible item |
| External customer |
| 9.Company statement that defines what is important to a company |
| Finance and accounting area |
| 10.First-line managers |
| Goal |
| 11.Subdivisions responsible for carrying out specific tasks of a division |
| Good |
| 12.A companys statement of purpose |
| Human resource area |
| 13.A companys formal lines of authority |
| Information systems area |
| 14.Company statement that determines where it wants to be in the future |
| Innovation |
| 15.A predetermined standard that defines how a product is to be produced |
| Internal customer |
| 16.A graphic display of a companys structure |
| Legal counsel |
| 17.Statements that create the foundation for why the company exists and how it will operate |
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