Fundamental of Business
Business Organization
Government Regulations
Communications
Managing People
100
Whenever the demand for an item goes down, this also goes down
What is the price?
100
A type of business that goes "public" and allows people to buy shares of the company
What is a corporation?
100
Business transacted within a state
What is intrastate commerce?
100
The type of communication used in a letter to your grandma
What is written communication?
100
Power you have because of who you are, or your employees' perception of who you are
What is identity power?
200
A type of business that sells straight to consumers, not to other businesses
What is a retail business?
200
A type of business organization with only one owner
What is a sole proprietorship?
200
A tax levied on the retail price of goods and services at the time they are sold
What is sales tax?
200
This piece of application software allows computer users to view and interact with web pages.
What is a browser?
200
In the type of organization, workers are put into temporary teams that change after a project is finished; like a movie studio
What is matrix organization?
300
A business that performs an activity for a fee
What is a service business?
300
A type of business organization with two or more owners but does not offer stock
What is a partnership?
300
A tax levied against the profits of business firms and against earning of individuals
What is income tax?
300
The type of communication used in a lecture to a class
What is oral communication?
300
This type of planning is long-term, giving a company a plan for 1, 5, or 10 years.
What is strategic planning?
400
A type of business that sells to other businesses for a lower price than consumers pay for the same item
What is a wholesale business?
400
A written description of a business and its operations with an analysis of the opportunities and risks it faces
What is a business plan?
400
A levy on material goods owned
What is property tax?
400
The type of communication used when crossing your arms
What is nonverbal communication?
400
A leadership style where the leader makes all the decisions in the company and gives direct orders to employees on what to do. It's "my way or the highway"
What is autocratic leadership?
500
Someone who starts their own business
What is an entrepreneur?
500
The federal government giving an author the sole right to reproduce, publish, and sell literary or artistic work for the life of the author plus 70 years
What is a copyright?
500
A sales tax that applies only to selected goods and services such as gasoline
What is an excise tax?
500
Doing business online
What is e-commerce?
500
A function of management that involves carrying out plans and helping employees to work effectively
What is implementing?
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