The positive, forward-thinking desire to create a profitable, sustainable business.
What is entrepreneurial spirit.
100
The process of influencing and motivating people to work willingly and effectively toward common goals.
What is leading
100
Activities in which a company excels and has the potential to create competitive advantages.
What are core competencies.
100
This is a comprehensive approach of company wide policies, practices, and procedures to ensure that every product meets quality standards.
What is Quality Assurance
200
Authorizes another person to vote on behalf of a shareholder in a corporation.
What is a proxy.
200
Money used or needed to set up a new business.
What is seed money
200
The type of intelligence that includes empathy.
What is emotional.
200
This diagram shows how employees and tasks are grouped and where the lines of communication and authority flow.
What is an organizational chart
200
This is the sequence of activities that take the longest time from start to finish in a PERT diagram.
What is the Critical Path
300
When two companies join to form a single entity either by pooling their resources or by one company purchasing the assets of the other.
What is a merger.
300
A company that is independently owned and operated and not dominant in its field.
What is a small business.
300
These leaders act as advisors and supporters and generally let subordinates chart and adjust their own course toward meeting agreed-upon goals and objectives
What is Laissez-faire
300
According to Tuckman's model of team development, this stage is a period of orientation and ice-breaking, when members get to know each other.
What is storming
300
This refers to the business procedures, policies, and computer systems that convert supply chain into a cohesive system.
What is Supply Chain Management
400
When a third company is invited to acquire a company that is in danger of being swallowed up in a hostile takeover.
What is a white knight tactic.
400
Entrepreneurial efforts within a larger organization.
What is intrapreneurship.
400
A brief and inspirational expression of what a company aspires to be.
What is a vision statement
400
This is a company whose structure, policies, and capabilities allow employees to respond quickly to customer needs and changes in the business environment.
What is an Agile Organization
400
Networks of suppliers and outsourcing partners
What are Value Webs
500
A company that is incorporated in one state but does business in several other states where it is registered.
What is foreign corporation.
500
A combination of private and public financing, in which an entrepreneur invites people to fund a share of a new business venture or a new product.
What is crowd funding.
500
Leadership role is developed based on long-term relationships between senior and junior members of an organization.
What is mentoring
500
Uniformity of thought that occurs when peer pressures cause individual team members to withhold contrary or unpopular opinions.