Chapter 5
Chapter 6
Chapter 7
Chapter 8
chapter 12
100
A company that takes naturals resources and converts them to consumer goods
What is a manufacturer?
100
A business that is owned by its members
What is a cooperative?
100
The way that people get along with each other.
What is human relations?
100
Directing all marketing activities at profitably satisfying customer needs.
What is the marketing concept?
100
This is the money needed to pay for current operating activities of a business.
What is short term financing?
200
A company that moves good from manufacturer to consumer
What is a marketer?
200
A type of business that represents 2/3 of all businesses in the U.S.
What is a Sole Proprietorship?
200
The way that Managers treat and direct employees.
What is Leadership style?
200
The location and method used to make products available to customers.
What is distribution?
200
Every business begins with this.
What is an idea
300
a business function that adds value to products
What is marketing?
300
This form of business requires permission from the State in which it is organized and can have many owners.
What is a corporation?
300
A management style used when there are many new employees or when a deadline has to be met.
What is tactical management?
300
Maximizing profits, increasing sales, and maintaining an image are objectives related to this.
What is pricing?
300
This is the most important step in starting a business.
What is Preparation?
400
This is a type of manufacturing
What is custom manufacturing, mass production, or processing?
400
A managing activity where jobs are assigned to workers and authority is given to certain people.
What is Organizing?
400
A leader who has the personal trust and respect of group members has this type of influence
What is identity influence?
400
Most promotion is done this way currently.
What is media advertising?
400
This is the first part of a business plan.
What is a description of the business?
500
technology used by most businesses to keep records
What is a computer?
500
Directing people so that their work is performed correctly and on time.
What is Leading?
500
Communications that occur between those inside an organization and outsiders such as customers, suppliers, and other businesses.
What is External communication?
500
A clearly identified group of consumers with very similar needs to whom a company can sell its products.
What is a Target Market?
500
The two most common sources of funding for a new business.
What are borrowed funds and owner supplied funds.
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