Management Functions
Which one of the four traditional management functions helps with future tasks?
Planning
What are the traits of an Authoritarian leadership style?
Clear with expectations and deadlines
What are the four P's?
Product, Price, Place, and Promotion
What are the four types of profit?
reward for effort, reward for risk, return on investment, and profit to sales ratio
WHat is it called when you bowl three strikes in a row in bowling?
A turkey
Which one of the four traditional management functions helps with records?
Organization
What are the traits of a Participative leadership style?
Acts like a team member and accepts input form others
What percent does the lowest part of the aviation market make up?
20%
What does ROI stand for?
Return on Investment
What MLB team is famously known for wearing pinstripe uniforms?
New York Yankees
Which one of the four traditional management functions helps with telling team members what to do and how?
Directing and Coordinating
What are the traits of a Delegative leadership style?
Hands off work and gives little guidance to team members
What percent does the highest part of the aviation market make up?
2%
What is the common saying for risk?
High risk, high reward. Low risk low reward.
Which golf tournament did Tiger Woods win by 12 strokes cementing his first-ever major championship win?
The Masters
Which one of the four traditional management functions helps keep the team on track with projects?
Controlling
When is a Delegative leadership style best?
For a highly qualified team
What is marketing?
Identifying consumer needs and targeting them
What are 2 sources of money?
Answers may vary (Family and Friends, Banks, and customers)
What MLB team had a 100 year long cruise put on them?
Cubs
What are common management errors?
Answers may vary
What type of leadership style do most consider teachers to be?
Authoritarian
What should you look at for market research?
Competitors, Geographic areas, and Socio-economic groups
What are the four types of money?
Short-term cash, Long-term cash, Equity, and Employee ownership
Who won the Super Bowl 50 MVP?
Von Miller