Teams
General
Business Orgs
Vocab
100

This type of team carries out a particular business activity or process.

What is a work team? 

100

This organization works to protect consumers. 

What is the FTC Federal Trade Commission? 

100

A business owned by one person is called a?

Proprietorship.

100

Define a good

Soemthing physical you can touch

200

An HR Department is an example of this type of team? 

What is a Problem-Solving team?

200

Laws that protect buyers and the general public. 

What are Consumer Protection Laws?

200

Who shares the risk and responsibility in a partnership?

Two or more owners.

200

Being able to change to fit the needs of the situation. 

What is Adaptability?

300

This team has is a work or problem-solving team with a leader in charge. 

What is a Self Managing Team? 

300

Why is competition important? 

Competition determines what goods are produced, the price consumers pay, and the quality of service. 

300

What does LLC stand for?

Limited Liability Company.

300

Doing what needs to be done without being told.

What is Initiative? 

400

This team features members from more than one function. 

What is a Cross-Functional Team? 

400

What is the highest-grossing film of all time? 

What is Avatar? 

400

An example of this type of business is a credit union.

What is a Cooperative?

400

Another name for an business hierarchy.

What is a Chain of Command?

500

When was the last time a Chicago Sports team won a championship? 

2021 Chicago Sky 
500

What's the tallest mountain in the world? 

Mount Everest 

500

In this type of business ownership is represented by shares of stock.

What is a Corporation? 

500
What is the term associated with things like testing on animals and sustainability? 

Code of Ethics or Ethics.

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