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Chapter 6: Forms of Business Ownership
Chapter 7: Business Management and Organization
Chapter 8: Motivation, Leadership and Teamwork
Chapter 9: Human Resources Management
Chapter 10: Online Business and Technology
100
This is the most popular type of business.
WHAT IS A SOLE PROPRIETORSHIP?
100
Level of management responsible for generating the company’s strategic plan, vision and mission.
WHAT IS TOP MANAGEMENT?
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. .
ANSWER – WHAT IS ORGANIZATIONAL PSYCHOLOGY?
100
These are incentive-based payments which are based directly on an employee's job performance.
ANSWER – WHAT ARE COMMISSIONS?
100
An online innovation that helps let advertisers know how effective their advertising is.
WHAT IS PAY-PER-CLICK?
200
When a partnership is developed, this written document is drawn up to formalize the relationship between the partners.
WHAT IS A PARTNERSHIP AGREEMENT?
200
The internal analysis of a company’s strengths and weaknesses.
WHAT IS A SWOT ANALYSIS?
200
According to Maslow, which need are people striving to satisfy when they seek stable places to live and work? .
ANSWER – WHAT IS SAFETY & SECURITY?
200
A legal doctrine that states that an employer can fire an employee for any reason at any time. Likewise, an employee may resign a job for any reason at any time. Exceptions are made for such things as discrimination, whistle-blowing, jury service, etc.
WHAT IS EMPLOYMENT AT WILL?
200
This term refers to the sharing of information, resources, and software over the Internet.
WHAT IS A CLOUD COMPUTING?
300
When a C Corporation is structured, this is the top layer.
WHAT ARE SHAREHOLDERS?
300
These seven characteristics make up the acronym SMARTER and is used to execute a strategic plan.
WHAT IS SMARTER, MEASURABLE, ACCEPTABLE, REALISTIC, TIMELY, EXTENDING AND REWARDING?
300
The leadership style best used when a company is in crisis. .
WHAT IS AUTOCRATIC?
300
A defined contribution plan for businesses in which annual pretax dollars are invested based on an employee's predetermined amount as a percentage of salary up to a specified legal limit.
ANSWER – WHAT ARE 401K PLANS?
300
This involves tricking an Internet user into entering vital personal or financial information into a form, usually by making the user think they are at a legitimate site.
ANSWER – WHAT IS PHISHING?
400
This is the fastest growing type of business.
WHAT IS A LLC?
400
Planning, organizing, controlling and leading.
WHAT ARE THE FOUR FUNCTIONS OF MANAGEMENT?
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 ________.
ANSWER – WHAT IS GROUPTHINK?
400
Prohibits discrimination based on race, color, gender, religion, and national origin.
ANSWER – WHAT IS THE CIVIL RIGHTS ACT OF 1964?
400
Typically done by using various aspects of the Internet, such as e-mail, websites, blogs and social networks, among others, to spread knowledge of a brand or specific product. .
WHAT IS VIRAL MARKETING?
500
A merger involving two companies selling different but related products in the same market. .
WHAT IS PRODUCT EXTENSION MERGER?
500
Determines the resources and actions necessary to implement the strategic plan.
WHAT IS A TACTICAL PLAN?
500
According to this theory workers will be more productive when they know they are being studied.
ANSWER – WHAT IS THE HAWTHORNE EFFECT?
500
This determines future demand for employees based on; predicted sales of a company's goods or services, current workforce skill level, the effect of technology changes on staff needs, changes in employment practices, and staffing changes that result from normal turnover or retirement.
ANSWER – WHAT IS FORECASTING?
500
These are the three types of online business transactions.
WHAT IS B2B, B2C AND C2C?