Show:
Leadership styles
Power
Product Development
Marketing
Types of Business Ownership
100
Laissez faire or free rein
What style encourages the group to make all decisions
100
referent power
What is power based on respect
100
vertical integration
How a company expands by taking over suppliers or distributors
100
place, price, products, promotion
What the 4 p's or marketing
100
corporation
What is type of ownership where ownership is gained by sale of stocks
200
autocratic
What style is leader centered
200
coercive power
What is power based on fear
200
horizontal integration
What is buying up your competitors
200
target market
What is a group of people that have demand for product and are willing and able to buy
200
sole proprietorship
What is a business owned by one person
300
democratic
What style is based on the vote of the group
300
expert power
What is power based on knowledge
300
market survey
What is asking potential customers what they think about your product
300
demographics
What are age, gender, family size, income, education level
300
partnership
What is a business owned by 2 or more people
400
autocratic
What style uses coercive power
400
legitimate power
What is power based on position in hierarchy
400
patent
What is granted by the gov't for new product ideas
400
market share
What is the portion of the total sales generated by all the competing companies
400
unlimited liability
What is the liability of a sole proprietorship
500
democratic
What style is used by Mrs. Eldredge
500
reward power
What is power based on the manager able to give rewards or punishments
500
factors of production
What are land, labor, capital, entrepreneurship
500
primary data
What is data collected for the first time
500
LLC
What is type of ownership that has limited liability or the tax benefit of a sole proprietorship