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Technology & the Entrepreneur
Technology &
Management
Risks &
Rewards
Form a
Company
Financing the
Company
100
A product of the human mind, developed by people to serve people.
What is technology?
100
Planning, organizing, actuating and controlling are the four _______.
What are functions of management?
100
Everyone involved in a company has ______ and ______ in common.
What are risks and rewards?
100
This enterprise is owned by individuals or groups of people.
What is private ownership?
100
These are the two basic methods of raising funds for a company.
What are equity financing and debt financing?
200
These people with very special talents look beyond present practices and products.
Who are entrepreneurs?
200
______ and _______ are parts of management.
What are authority and responsibility?
200
Designs, engineers, and productions of products are controlled by _______.
What is the company?
200
These three things are the important levels of the formation of a company.
What are selecting a type of ownership, establishing the enterprise, securing financing?
200
Sell shares of ownership (stock) in the company to investors.
What is equity financing?
300
Burger King, Wendy's, Popeye's are examples of these
What is entrepreneurship?
300
A number of managers reporting to them. Usually part of the job for the vice president.
What is a scope of responsibilities?
300
_______ and _____ risk money to finance the company.
What are the owners and bankers?
300
A periodic payment from the company's profits
What is dividend?
300
Debt securities that corporations sell.
What are bonds?
400
This is necessary to develop and produce technology due to the complexity of systems.
What is organization?
400
Day-to-day control of the company is usually for people at this position.
What is the president or CEO?
400
Employees gain job promotions, pay raises, safe working conditions and job security. This is considered a ______.
What is a reward?
400
In order to elect a director, companies use the _____ rule.
What is one-share/one-vote procedure?
400
Interest that banks and insurance companies charge for the use of their money.
What is the prime interest rate?
500
People starting another business are not ____ because they do not deal with change as an opportunity to produce a new product.
What are innovators?
500
Managers are the ____ level of management
What is lowest?
500
Consumers risk their money when they buy product. In return they expect _______.
What is performance and value in return for the money they spend on products and services?
500
The general rules under which the company will operate.
What is bylaws?
500
When the company pays back the original investment.
What is at maturity?