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Business Structures
Manager as Leader
Influencing People
Producing & Marketing Goods & Services
Misc.
100
The 3 basic types of business ownership.
What is sole proprietorship, partnership, & partnership?
100
the ability to influence individuals & groups to accomplish important goals.
What is leadership?
100
Type of influence when the leadership role isn't part of a formal structure.
What is informal influence?
100
Distribution Marketing Function
What is the function that involves getting products to customers?
100
The reasons for making a purchase.
What is a buying motive?
200
Certificate of Incorporation
What is a document, generally issued by a state government, giving permission to start a corporation?
200
Human Relations
What is the way people get along with each other?
200
Position Influence
What is the ability to get others to accomplish tasks because of the position the leader holds?
200
Promotion
What is the function that involves communicating with consumers to encourage purchases?
200
The process by which goods move through one or more middle firms between the producer & the consumer.
What is an indirect channel of distribution?
300
Dividend
What is the part of the profits that each shareholder receives?
300
Communication method that have been established & approved by the organization
What is formal communication?
300
Results from the leader's ability to give/withhold incentives.
What is reward influence?
300
Provides security & safety for products & people, & reduces business risks.
What is Risk Management?
300
Wholesaler
What is a middle firm that assists with distribution activities between businesses?
400
Business structure owned by the members it serves & managed in their interest.
What is a cooperative?
400
The 5 important human relations skills of managers.
What is self understanding, understanding others, communications, team building, & developing job satisfaction?
400
Expert Influence
What is the type of influence that arises when group members recognize that the leader has special expertise in the area?
400
Considers the needs of customers when planning, pricing, distributing, & promoting a product or service.
What is the marketing concept?
400
4 Characteristics of Effective Distribution
What is quantity, assortment, location, & time?
500
The 5 management functions that must be completed by the people responsible for a business.
What is planning, organizing, staffing, leading, & controlling?
500
The type of management style that would be used if employees are skilled & experienced.
What is strategic management?
500
Stems from personal trust & respect members have for the leader.
What is identity influence?
500
The 2nd step in developing a new product.
What is testing the product idea with prospective customers?
500
Three different types of objectives of pricing businesses will have.
What is to maximize profits, increase sales, & maintain an image?