M
Define SWOT analysis
Strengths, weaknesses, opportunities, and threats
Shareholders in a/an _____________________ are liable only to the extent of their investment
Corporation
A business's obligation to pursue policies and actions that benefit society is called ___________.
Social responsibility
JBS SA owns 100% of JBS USA holdings. In this situation, JBS USA Holdings is a _______________________________ of JBS SA.
wholly owned-subsidiary
In what state is Bailey getting married
Texas
In 1980, Michael Porter developed this model providing an excellent framework for analyzing industry competition
Porters Five Forces Model
Frederick Winslow Taylor's management theory whereby workflows are analyzed to improve efficiency is called ____________________.
Scientific management
What budget estimates the difference between the extra costs and extra returns, income lost, and costs saved from a change occurring in an enterprise or the current farm plan?
Partial budget
What are the four tasks of management?
Planning, organizing, directing, controlling (evaluating)
What are the colors of Bailey's wedding
Pastels
Insurance, hedging, contracting, diversification, and financial reserves are all options for managing...?
Risk
What are the four functional areas of management?
Marketing, Finance, Human Resources, Production (logistics)
A partnership requires minimum of how many individuals and a maximum of how many individuals?
2; no maximum
What service transfers risk from a firm to a third party for a fee?
insurance
BBQ
A formal, written plan detailing how the firm will use its resources, what number of sales are expected, and so on, during some future period is called a ______.
Budget
________________________ is a management philosophy that strives to involved everyone in a continual effort to improve quality and achieve customer satisfaction
Total Quality Management (TQM)
What is the concept that illustrates the length of time it takes to acquire new skills?
Learning curve
Price per share divided by earning per share is known as the .....
Where is Bailey going on her honeymoon?
Jamacia
A written instrument by which one transfers his rights or interest in chattels and goods to another
Bill of sale
What is the highest level for Maslow's hierarchy?
self-actualization (self-fulfilment)
___________ describes the discrepancy between a company's intended strategy and management's strategic actions as that strategy is formally implemented.
Strategic dissonance
The theory that employees can learn appropriate workplace social behaviors through observation and imitation is called _____________.
social learning theory
What is Bailey's fiances first name?