Chapter 4
Reprocessing of resources so they can be used again
What is recycling?
Person who guides others to a goal
What is a leader?
A person who owns and operates a business
What is an entrepreneur?
Leader makes all the decisions
What is autocratic style?
What is a partnership?
The art of using good manners in any situation
What is etiquette?
Diagram of employee positions showing how the positions react within the chain of command
What is an organizational chart?
A person who buys the rights to sell the brand products
What is a franchisee?
Encourages team members to share ideas equally
What is democratic style?
Has only one owner
Promoting the welfare of others through donating time, property, or money
What is philanthropy?
Process of hiring people and matching them to the best position for their talents
What is staffing?
One of the owners of a corporation
What is a stockholder?
Allows employees to make their own decisions about completing tasks
What is laissez-faire style?
Has a board of directors
What is a corporation?
Rules for professional conduct and integrity in all areas of business
Process of interpreting and making reasonable judgments and decisions by analyzing a situation
What is critical thinking?
The governing body of a corporation
What is a board of directors?
Leader listens to team input, but makes the final decision
What is consulting style?
Has limited liability
What is partnership?
Producing and promoting products using methods and practices that emphasize environmental conservation
What is green marketing?
Belief or generalization about a group of people with a given set of characteristics
What is a stereotype?
A legal agreement to operate a business in the name f an established company
What is a franchise?
What is laissez-faire style?
What is a partnership?