Planning
-Planning is setting goals and using methods to achieve those goals.
Organizing
-Keeping things in order and making sure everything gets done on time.
Staffing
- Making sure you have a good staff that you will hire and train to make your business successful.
Leading
-Influence your employees or fellow co-workers to accomplish the goals that are set.
Controlling
-Making sure the set goals are accomplished.
2. Social Responsibility of Business: is the responsibility that the company has to their costumers to give then an experience worth their time.
3. Differences between a Credit Union and Bank:
4. Gross Pay: the amount of money you earn before taxes.
5. Net Pay: the amount of money you earn after taxes.
6. Checking Account: an account you can put money into and take out of but the amount of money you have in that account doesn't increase unless you deposit money into it and it doesn't decrease unless you withdraw money from it. It doesn't have an interest rate.
7. Savings Account: is an account the you can have that you will put a certain amount of money into it and the money will increase by the interest rate of your bank or credit union and it can increase Monthly or Yearly depending on how you set it up with you r bank or credit union.
8. The check number is located at the top right corner of the check.
9. You sign the check that you wrote on the line located at the bottom right of the check.
10. Pay to the order of means who the check is being made out to.
11. A paycheck comes from the employer/company you work for.
12. A deposit slip is used so you know how much you are putting into and taking out of your account after cashing a check.
13. If you want cash back when filling out a deposit slip you have to fill in the amount you want back and the lines/boxes that are labeled "less cash"
14. You endorse a check on the back usually there will be a box designated for endorsement only.
15. You must indorse a check that you received so no one lese can cash it but you and so you know your money will go into you account or directly back to you.
16. Three ways to endorse a check is Blank: just your signature this will either be able to be cashed or deposited into your account, Restrictive: Deposit only with signature & account number, Special: Pay to the order of and sign with account number and this will give you your money back.
17. Strategic Planning: means to always have a plan can will work well with you and that you know you can handle whether it be for school, work or just something so simple that you need to flow smoothly.
2. Social Responsibility of Business: is the responsibility that the company has to their costumers to give then an experience worth their time.
3. Differences between a Credit Union and Bank:
-You need to qualify for a
Credit Union membership, Banks you do not.
-Employers who sponsor the credit Union allow employees
membership
-Credit Unions serve people who live in certain
geographic locations
-CCU is open to everyone
-Home owners association might also be able to participate
in the membership
4. Gross Pay: the amount of money you earn before taxes.
5. Net Pay: the amount of money you earn after taxes.
6. Checking Account: an account you can put money into and take out of but the amount of money you have in that account doesn't increase unless you deposit money into it and it doesn't decrease unless you withdraw money from it. It doesn't have an interest rate.
7. Savings Account: is an account the you can have that you will put a certain amount of money into it and the money will increase by the interest rate of your bank or credit union and it can increase Monthly or Yearly depending on how you set it up with you r bank or credit union.
8. The check number is located at the top right corner of the check.
9. You sign the check that you wrote on the line located at the bottom right of the check.
10. Pay to the order of means who the check is being made out to.
11. A paycheck comes from the employer/company you work for.
12. A deposit slip is used so you know how much you are putting into and taking out of your account after cashing a check.
13. If you want cash back when filling out a deposit slip you have to fill in the amount you want back and the lines/boxes that are labeled "less cash"
14. You endorse a check on the back usually there will be a box designated for endorsement only.
15. You must indorse a check that you received so no one lese can cash it but you and so you know your money will go into you account or directly back to you.
16. Three ways to endorse a check is Blank: just your signature this will either be able to be cashed or deposited into your account, Restrictive: Deposit only with signature & account number, Special: Pay to the order of and sign with account number and this will give you your money back.
17. Strategic Planning: means to always have a plan can will work well with you and that you know you can handle whether it be for school, work or just something so simple that you need to flow smoothly.
