Unit 1
This person came up with the hierarchy of needs
Abraham Maslow
What are the 4 functions of management
Planning
Leading
Organizing
Controlling
The organization responsible for prosecuting insider trading (in Canada)
Provincial Securities Commissions
A ____ venture is one that has potential to be successful
Feasible
The two students that enjoy playing League of Legends (or a version of it) on their phone
Tina
Ivan
When people no longer want or need a product it is considered.... (ex. typewriter)
Obsolete
A unique product or products with a small target market and few competitors is called a _____ market
Niche
When you sell a stock for more than you paid for it, this is called a
Capital Gain
The exclusive right to publish, produce sell or distribute original works of art, music etc...
Copyright
This students is Man United Fan
Ricc
When two or more businesses agree to commit particular resources to achieve a common set of objectives
Strategic Alliance
List 2 different types of training
Initial training
Ongoing training
Retraining
Specialized training
The ability to convert investment into cash is called
Liquidity
What 3 relationships are important to maintain as an entrepreneur
Staff
Customers
Suppliers
2 of the three students that are part of the school bands
Nicholas
Hymn
Ajeeni
Name the three areas that influence your ethical behaviour as a manager
You as a person
Your organization
External Environment
List 4 different types of compensation
Salary Stock options
Commission Performance pay (piece rate)
Hourly Royalty/ licensing
Fee for service Stock options
Something of value a lender can take if a loan is not repaid
Collateral
One of the two Canadian that invented insulin
Frederick Banting
Charles Best
This person is into BMX and works at an indoor skate park
Shane
Name 3 of the 5 P's of international business
Promotion
Product
Preference
Price
Proximity
What is fundamental accounting equation (think balance sheet)
Assets = Liabilities + Owner's Equity
If you invest $1,000 at 5% compounding interest for 5 years. How much interest would you earn in year 2
$52.50
List 4 characteristics of an entrepreneur
Risk Taker Perceptive Curious
Imaginative Persistent Hardworking
Goal-setting Flexible Independent
Self Confident
2 of three students that have an older sibling that I have taught or am currently teaching
Adam
Dhaanya
Natalie