Unit 1
This person came up with the hierarchy of needs
Abraham Maslow
What are the 4 functions of management
Planning
Leading
Organizing
Controlling
The organization responsible for prosecuting insider trading (in Canada)
Provincial Securities Commissions
A ____ venture is one that has potential to be successful
Feasible
This person was on the track team (sprints)
Benny
When people no longer want or need a product it is considered.... (ex. typewriter)
Obsolete
A unique product or products with a small target market and few competitors is called a _____ market
Niche
When you sell a stock for more than you paid for it, this is called a
Capital Gain
The exclusive right to publish, produce sell or distribute original works of art, music etc...
Copyright
These 2 students changed their hair colour during the semester
Eden
Ruqiayah
When two or more businesses agree to commit particular resources to achieve a common set of objectives
Strategic Alliance
List 2 different types of training
Initial training
Ongoing training
Retraining
Specialized training
The ability to convert investment into cash is called
Liquidity
What 3 relationships are important to maintain as an entrepreneur
Staff
Customers
Suppliers
This person was on the curling team
Mason
Name the three areas that influence your ethical behaviour as a manager
You as a person
Your organization
External Environment
List 4 different types of compensation
Salary Stock options
Commission Performance pay (piece rate)
Hourly Royalty/ licensing
Fee for service Stock options
Something of value a lender can take if a loan is not repaid
Collateral
One of the two Canadian that invested insulin
Frederick Banting
Charles Best
This person was born in North America's largest city
Camila
Name 3 of the 5 P's of international business
Promotion
Product
Preference
Price
Proximity
What is fundamental accounting equation (think balance sheet)
Assets = Liabilities + Owner's Equity
If you invest $1,000 at 5% compounding interest for 5 years. How much interest would you earn in year 2
$52.50
List 4 characteristics of an entrepreneur
Risk Taker Perceptive Curious
Imaginative Persistent Hardworking
Goal-setting Flexible Independent
Self Confident
I marked this person quiz in grade 9 even though I didn't teach them
Sneha