Business Mix
Managment
Leadership Qualities
Leadership Styles
Key Terms
100
The process of planning, pricing, promoting, selling, and distributing ideas, goods, and services.
What is marketing?
100
These managers are responsible for the daily operations of a business.
What is and operational manager?
100
The most highly valued quality in a leader; adhereing to a code of ethical values such as honesty, loyalty, and fairness.
What is integrity?
100
The style of leadership in which one person runs everything and makes all the decisions without consulting others.
What is autocratic leadership?
100
An image or concept in the imagination.
What is a vision?
200
A business owned by two or more people who share the risks and returns.
What is a partnership?
200
This includes the processes of planning, organizing, leading, and controlling.
What is management?
200
Acting and making decisions without the help or advice of others defines this leadership quality.
What is initiative?
200
The leader sets goals for the managers and employees and then leaves them alone to get the job done.
What is free-rein leadership?
200
A hypothesis assumed for the sake of argument or investigation.
What is a theory?
300
The owner is responsible for all of a company's debts.
What is unlimited liability?
300
These businesses are independently owned businesses that usually have the owner as the manager.
What is a small business?
300
Taking a company and its empolyees in a direction based upon a vision.
What is leadership?
300
Giving managers and employees the power to run things and make decisions.
What is delegating?
300
To lean, tend, or become drawn toward.
What does it mean to incline?
400
This type of business gathers raw goods.
What is a producer?
400
A business that operates on the internet.
What is a dot-com company?
400
Knowing what to do and taking action.
What is confidence?
400
A leadership style where managers work with employees to make decisions.
What is democratic leadership?
400
A prevailing tendency or inclination.
What is a trend?
500
The business or art of money management.
What is finance?
500
This establishes the scope and purpose of a company and reflects its values and beliefs.
What is a vision statement?
500
The study of how people interact in the workplace and how communications can be improved.
What is human relations?
500
These are work groups that supervise themselves.
What are self-managed teams?
500
A signature affixed to a negotiable document.
What is an Indorsement?
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