Entrepreneurship
Ownership
Management
Leadership
Technology & Misc
100
This part of a business plan states the guiding priciples by which a business functions.
What is vision & mission statements?
100
Sole proprietorships, partnerships, and corporations
What are the 3 main types of business organizations?
100
This type of manager carries out the plans made by top management.
What is middle manager?
100
This type of authority is costly and can lead to overstaffing.
What is line authority?
100
The computer
What is the most common technology staple in business?
200
Obtaining financing
What is the biggest obstacle in starting a business?
200
This type of business ownership allows for joint decision making, and differentiated skills/talents.
What is a partnership?
200
This type of worker is task oriented
What is the manager?
200
Easier to compare prices, get reviews of products, and compare features
What are the advantages to buying online?
200
Leadership style in which managers work with employees to make decisions.
What is a democratic leader?
300
This part of the business plan makes its customers aware of its product.
What is marketing plan?
300
unlimited liability
What is the term for sharing complete legal and financial liability?
300
Giving managers and employees the power to run things
What is delegating?
300
integrity, confidence, and good communication skills
What are the skills of an effective leader?
300
Earn more money and respect, they have authority over others, and they have greater control over their time.
What are the advantages of being a manager?
400
The acronym for Small Business Administration
What is SBA?
400
a disadvantage of corporations involving taxes
What is double taxation?
400
This includes the functions of planning, organizing, leading and controlling
What is management?
400
Doing something without being told to do it
What is initiative?
400
More responsibility and pressure
What are disadvantages of being a manager?
500
A new business undertaking that involves risk
What is venture?
500
people become managers because they have the ability to do this
What is lead people?
500
This person handles the day-to-day supervision of employees.
What is an operational manager?
500
the study of how people interact in the workplace and how communication can be improved
What is human relations?
500
The part of a business plan that looks at likely risks and suggests a way to minimize risk.
What is the contingency plan?
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