Structures of Business
Management Fundamentals
Marketing
Accounting
Finance
100
The four basic legal business entity types
What is Sole proprietorship, Partnership, Corporation, and Limited Liability Company.
100
The primary goal of leadership
What is to produce change and growth.
100
The marketing researchers role/job
Understanding customers needs and testing new product concepts
100
The key external users of financial accounting data
What is lenders and investors
100
The first number that should be looked at when reviewing the statement of cash flows
What is operating activities
200
Definition of Sole Proprietorship
What is a business owned by one individual.
200
The five most important management skills
What is communication, people skills, performance management, training and coaching, and fairness or ethics.
200
B2B
What is Business to Business
200
Definition of equity
What is the source to buy the asset
200
Definition of Underwriting
What is helping a company go public
300
Definition of Partnership
What is when two or more people join together in the business.
300
"The Consultant" hallmark phrase
"I value your input"
300
The first step to developing a market plan
What is to know what business you are in
300
Type of numbers the balance sheet usually reports
What is costs
300
The name of the equation that the balance sheet is structured around
What is the accounting equation
400
Definition of Corporation
What is a legal entity having it's own rights, privileges, and liabilities.
400
The four C's of Onboarding
Compliance, clarification, culture, and connection
400
Tool that is recommended for analyzing competition
What is a competitive matrix
400
"EPS"
What is Earnings Per Share
400
The two "secrets" to financial planning
What is spend less than you make and be careful of complex or clever investment schemes (scams).
500
Definition of a Limited Liability Company
Business structure that combines the advantages of both partnerships and corporations.
500
The amount of levels of autonomy you can assign to an employee
Eight
500
A feature creep
What is over featuring the product or service
500
Three documents that make up the financial report
What is the balance sheet report, income statement report, and the statement of cash flows report.
500
Definition of the depreciation expense
What is the level of property, plant, and equipment.
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