.Read about Alia and Maitha's businesses and answer the questions Alia has had her own coffee shop for five years. Her business was doing well until a new
Starbucks opened nearby. Now she is losing customers. Alia is thinking of taking out a
franchise with Costa Coffee. She hopes that if customers see the Costa Coffee sign, more
of them will come to her coffee shop. She thinks that people choose Starbucks instead of
her coffee shop because they know the products and Starbucks also has more food choices
.Maitha has a business selling baked goods such as cakes and sandwiches to other businesses
She thinks there is a good opportunity to start a new chain of coffee shops with Alia in a joint
.venture

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. occupational safety & health administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing,maintaining, and firing the workforce

Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.