chapter 5
chapter 6
chapter 7
chapter 8
vocab for all
100
How many parts are there to a business plan?
What is 16 parts
100
what are the three main types of business?
What is sole proprietors, partnerships, corporations
100
what are the four funtions of management?
What is planning, organizing, leading, and controlling
100
what arethe four things associatied with leading?
What is motivation, confidence, communication skills, integrity
100
A virtual business does what?Or works from what?
What is the internet?
200
What is the contingency plan?
What is looking at likely risks to a bussiness such as lower than expected sales and emergencies
200
when an owner is responsible for the companies debt
What is unlimited liability
200
wha is setting objectives and making long term and sort term plans for meeting the objectives?
What is planning
200
Autocratic leadership is?
What is when one person runs everything and makes all decisions without consulting others.
200
A corporation is a compan that is registered by a state and operates apart from its___________
What is Owners
300
What is the business most used in the U.S.
What is sole proprietorships
300
when an owner is responsible for no more than the capital that they have invested in
What is limited liability
300
providing vision and direction
What is leading
300
delrgating is?
What is giving managers and employees the power to run things and make decisions
300
Organizational chart shows who is in_______
What is charge
400
how many people are in a partnership?
What is two people
400
what is providing a service and not a profit?
What is nonprofit organization.
400
putting athority in one place--with top management
What is centralized organization
400
democrartic leadership is?
What is a style in which managers work with employees to make decisions
400
where do most managers start there career?
What is entry level job
500
what is a venture?
What is a new business undertaking that involves risk.
500
what are the 7 types of busineses
What is producers, processors, manufacturers, intermediarys, wholesaler, retailer, service
500
what structure do small businesses work well with?
What is informal structure.
500
where did self managed teams start?
What is japan
500
a processor is?
What is someone who changes raw materials into more finished goods.
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