Anagram Slam
FITPRO — money left after costs.
What is profit?
This ownership form has one owner, easy setup, and no legal separation from the owner.
What is a sole proprietorship?
The manager who sets goals before the group project becomes chaos is doing this function.
What is planning?
When goals come first and maps get drawn by hand,
this function decides where the team should stand.
What is planning?
A strong business pitch should begin by clearly explaining this.
What is the problem being solved?
ITCHES — principles of right and wrong in business.
What is ethics?
This ownership form gives legal separation between owners and the business.
What is a corporation?
Assigning roles, tasks, and responsibilities is this function.
What is organizing?
Put people in roles and build the work’s design;
this function creates structure so the parts align.
What is organizing?
A value proposition explains this.
What is why a customer should choose the business?
YOCOTPPRTNUI OSTC — the value of the next best alternative given up.
What is opportunity cost?
This ownership form gives legal separation between owners and the business.
What is a corporation?
When a manager checks early sales data and adjusts the launch plan, that reflects this function.
What is controlling?
To turn the plan from paper into action in the field,
this function gets work moving so results begin to yield.
What is implementing?
Saying a product is “for everyone” weakens a pitch because it shows poor definition of this.
What is the target customer?
STEAKHOLDERS — the people or groups affected by business decisions.
What are stakeholders?
Rules that maintain competition and protect business and the public fall under this syllabus phrase.
hat are the legal aspects of business?
A leader who keeps the team focused during deadline panic is showing this broader management role.
What is leadership?
When managers check results to see if goals are being met,
this function tracks performance, not vibes from the internet.
What is controlling?
The strongest pitch statements acknowledge one real risk and then explain this.
What is a management response?
SKIR — the possibility of loss or failure.
What is risk?
When choosing among ownership forms, a major advanced consideration is not just control and liability, but ability to do this.
What is raise capital?
Your startup says the product is “for everyone” and your group chat says “that sounds fire.” A serious manager would say the pitch lacks this.
What is a clear target customer?
When workers push back on a shift, a rollout, or a scan,
the skill for leading through that change is this, if you can.
What is change management?
A pitch becomes persuasive when it is clear, specific, realistic, and honest about risk because it gains this.
What is credibility?