Running a Business
Staring a Business?
The Age of Business
Entrepreneurship as a whole
Entrepreneurs
100
A leader who encourages employees to participate in the decision making process
What is a Democratic Leader
100
An expense that needs to be paid before starting a business
What is Start up cost
100
The historical time period, when people gave up farming for an urban lifestyle
What is Industrial Age
100
Bricks and Mortar
What is Physical
100
-Hard working -Motivated -Creative -Flexible -Independent
What is characteristics of an entrepreneur
200
One owner in a business
What is Sole Proprietprship
200
New business=> more jobs=>money being earned=> money being spent etc...(turns into a cycle)
What is Multiplier effect
200
The current time period
What is Information age
200
An organization created to make trading easier between Mexico, United States and Canada
What is North American Free Trade Agreement
200
-Own boss -Freedom -Personal accomplishment
What is Advantages of being an entrepreneur
300
A leader who avoids tasks and gives employees the freedom to do what they please
What is a Laissez-Faire Leader
300
Costs that never fluctuate
What is Fixed Cost
300
When workers gather as a group to negotiate with management
What is Trade Union
300
Entrepreneurship that takes place within an existing company
What is intrapreneurship
300
Create a supportive atmosphere, where ideas can be created an shared. Provide that tools the employees need. Finally offer meaningful work.
What is supporting entreprising employees
400
Two or more people working together to make the business run smoothly
What is Partnership
400
-Inventor -Innovator -Leader -Manager
What are the roles an entrepreneur must take on
400
When people gave up the nomadic lifestyle to create communities
What is Agricultural Age
400
A new item that is sold at a high price because there is no completition
What is Skimming
400
The amount of goods and services ready for distribution
What is supply
500
The boss- A Leader who makes all the decision and believes that employees should do as they are told
What is an Autocratic Leader
500
marketing research that contains information about the marketplace.
What is Market Analysis
500
The use of technology to interacte with people when conferencing and cannot be in the same room
What is Teleconferencing
500
When investors recieve some form of ownership
What is Equity Financing
500
The administrative work needed to obtain funding
What is Red Tape
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