Who's Who in Business
Business Terms
Business Structure
Ethics
Small Business
100
The former co-founder of Microsoft and co-fonder of one of the world's largest charities.
Who is Bill Gates?
100
What does SME stand for?
What is Small to Medium Enterprise?
100
This type of structure is a voluntary association or two or more persons to act as co-owners of a business.
What is a Partnership?
100
What is the guide to acceptable and ethical behavior as defined by an organization?
What is a Code of Ethics?
100
Name 3 titles of Directors in a company or Business.
What is CEO, CFO, COO
200
What is the family name of the ice cream company in the videos we've been watching?
Who is Graeter's?
200
What does B2C stand for?
What is Business to Consumer?
200
This type of structure is an "artificial person" with the rights of a real person and is run by a CEO chosen by a board of directors.
What is a Corporation?
200
What is a plan to increase the number of minority employees at all levels of an organization?
What is an affirmative action program?
200
Identify the TRUE statement: The primary reason most small businesses fail is due to: 1) Owner does not work hard enough 2) Poor Management due to lack of business know-how 3) Inability to compete with well-established brand names 4) Poor employee quality
#2 - Poor Management due to lack of business know how
300
He is the world's second richest man, one of the most renowned investors, and the current CEO of Berkshire Hathaway.
Who is Warren Buffet?
300

A term meaning: informing press or government about unethical practices within one's organization

What is whistle-blowing?

300
Name 3 reasons a person would choose to incorporate as a sole proprietorship.
What is: ease of start-up and closure; pride of ownership; retention of all profits; no special taxes; flexibility of being your own boss
300
A 2-word term that says business activities have an impact on society and businesses should have consideration of that impact in their decision-making.
What is Social Responsibility?
300
A license to operate an individually-owned business as if it were part of a chain of outlets or stores.
What is a franchise?
400
The founder of the world's largest retailer.
Who is Sam Walton?
400
What does People, Planet, Profits represent?
What is the triple-bottom line?
400
A person who invests money in a business but has no management responsibility or liability for losses beyond his/her investment.
What is a Limited Partner?
400
Name 3 types of environmental considerations consumers expect the government to monitor through legislation.
What is air pollution, water pollution, land pollution and noise pollution?
400

What is "a carefully constructed guide for a person starting one's own business?"

What is a business plan?

500
He is the founder of Amazon.com - a Seattle, Washington based company.
Who is Jeff Bezos?
500
A term that describes a market that has one large seller with barriers keeping other firms from entering the industry.
What is a monopoly?
500
A corporation organized to provide a social, educational, religious or other service rather than to earn a profit.
What is a Non-Profit or Not-for-Profit corporation?
500
Name a company or organization that has been highlighted in the media on an ethical issue.
CIA, Enron, BP, the military, Bernie Maddoff, NFL
500
Name 3 advantages of being a small or medium-sized business (as opposed to becoming a large multimillion $ one)
Personal relationships with customers; ability to adapt to change; simplified record keeping; independence; keeping all the profits; ease of getting into and out of business
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