Wild Card
Ch. 5 SB & tE
Ch. 6 FoBO
Ch. 7 B,M &O
Ch. 8 M,L & T
100
GlobeTrekkers, Inc. has employees all over the world. Employees have face-to-face meetings on occasion, but they communicate with each other mostly via conference call, e-mail, and webcasts. The type of team formed.
What is a Virtual Team?
100
Someone who takes the risk of creating, organizing and operating a business, usually to satisfy an unmet need in the marketplace.
What is an Entrepreneur?
100
Lucia owns her own dog walking business and has several employees. She filed no legal paperwork and has no partners. Lucia's business is a example of this type of business.
What is a sole proprietorship?
100
Conditions that could negatively affect a company's competitive capability.
What are external threats?
100
Anna, a psychology major, has decided to specialize in the study of how to create a workplace that fosters motivation and productivity among employees. The field she is studying.
What is Organizational Psychology?
200
A type of entrepreneur who prefers to keep his or her business small.
What is a Micropreneur?
200
A business that has at least 20 percent sales growth per year for five years, starting with a base of at least $100,000.
What is a Gazelle?
200
In a partnership, where all partner's profits and losses flow.
What is their tax return?
200
Sally Hodges manages the housekeeping staff at a luxury resort. Most of the workers she interacts with are originally from Guatemala. Sally has decided to take a course in Spanish in order to communicate better with her staff. The skills she is developing.
What are Interpersonal Skills?
200
According to Maslow, which need are people striving to satisfy when they seek stable places to live and work?
What is Safety?
300
Short-term targets a company implements that are designed to help realize the plans that have been made.
What are Objectives?
300
They want flexibility and freedom in the way they balance their personal and work lives.
What is a Lifestyle Entrepreneur?
300
The most significant difference between a partnership and a sole proprietor.
What is the number of people contributing resources?
300
To make good decisions, a successful manager must be able to think abstractly in order to picture the organization as a whole and to understand its relationship to the rest of the business community. In other words, the manager must have ________.
What are Conceptual Skills?
300
Ken owns a food services company and recently negotiated a contract with a new restaurant chain. The satisfaction Ken feels for this success is a(n) ________.
What is an intrinsic motivator?
400
A dance studio and a dancewear manufacturer decide to combine. The type of merger demonstrated.
What is a Vertical Merger?
400
The number of all start-ups that fail in the first year.
What is nearly one-fourth?
400
A partner who invests money in a business but is not involved in the day-to-day operation and is only risking capital equal to what they have contributed.
What is a Limited Partner?
400
Along with organizing one of two most important responsibilities for a manager.
What is Planning?
400
Ross's work team is made up of various members of the art department who have all worked together for many years. They like that they work in synch and rarely have to explain things to each other because they are so much alike. A threat to Ross' work team is narrow-mindedness caused by ________.
What is Groupthink?
500
The processes that BEST describes how managers identify unseen problems.
What is analyzing data and searching for trends?
500
Isaac is a franchise owner of a fast food restaurant. When another franchisee is accused of using artificial meat in its hamburgers, sales at Isaac's franchise location drop dramatically. The disadvantage of franchising that is BEST demonstrated by Isaac's situation?
What is Sharing Common Problems?
500
The MOST compelling argument for incorporating a business?
What is protecting the owners' personal assets?
500
Where the mission statement for a company MOST often appears.
What are Advertising Materials?
500
The need in Maslow's hierarchy that most closely resembles the need for affiliation in McClelland's "three-needs" theory?
What is Belonging?