Entrepreneurship
Business Ownership and Operations
Business Mangement
Leadership in Mangement
Technology and Business
100
A person who recognizes a business opportunity and organizes, manages, and assumes the risk of starting and operating a business.
What is an Entrepreneur?
100
A business owned by one person.
What is a sole proprietorship?
100
_____ shows how the firm is structured and who is in charge.
What is an organizational chart?
100
____ is the ability to act and make decisions without the help or advice of others.
What is initiative?
100
Tools and machines that people have invented to make life easier.
What is technology?
200
A new business undertaking that involves risk.
What is a venture?
200
A business owned by two or more people who share its risks and rewards.
What is a partnership?
200
_____ is the act of or process of creating goals and objectives as well as strategies to meet them.
What is planning?
200
_____ is when 0ne person runs everything and makes all decisions without consulting others.
What is an autocratic leadership style?
200
____ links all steps in a process digitally.
What is digital workflow?
300
Persistent, Goal-Oriented, Creative, Risk-taking, Action-oriented, Independent, Self-confident, Responsible, Inquisitive, Restless, Self-demanding, Enthusiastic
What are the twelve Characteristics of successful Entrepreneurs?
300
______ holds a firms owners responsible for no more than the capital they have invested in it.
What is Limited Liability?
300
Planning, Organizing, Leading, and Controlling.
What are the functions of management?
300
Giving managers and employees the power to run things and make decisions?
What is delegating?
300
____ uses the internet to do business.
What is e-commerce?
400
An independently owned business that usually has the owner as its manager.
What is a small business?
400
A business that gathers raw goods?
What is a producer?
400
____ is an organizational structure in which managers on one level are in charge of those beneath them.
What is Line authority?
400
Work groups that supervise themselves.
What are self-managed teams?
400
___ is a newly formed business that is usually small.
What is a start-up?
500
The U.S. government agency that protects the interest of small businesses.
What is the S.B.A. (Small Business Association)?
500
_____ is a business that moves goods and services.
What is an intermediary?
500
___ give authority to a number of different managers.
What is a decentralized organization?
500
___ is the study of how people interact in the workplace and how communication can be improved.
What is human relations?
500
___ uses several methods to sell products.
What is a multi-channel retailer?
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