Business Organization
Producers use resources to make things that are needed by others. True or False
True
_____ financing is the money needed to pay for the current operating activities of a business.
Short-term
Self-understanding, communication, and team building are important _____ skills of managers.
human relations
Most leaders are born and not made. True or False
False
A barber, cosmetologist, welder, and mechanic may go to what type of school?
Private or Trade School
An organizational chart is a detailed list of job duties and responsibilities. True or False
False
_____ are made up of the products or raw materials a business has on hand.
Inventories
Communication between a supervisor in one department and a supervisor in another department is an example of _____ communication.
horizontal
The ability to get others to accomplish tasks because of the position the leader holds is?
Positional Influence
What are five types of employment experience?
1. Work-Study Programs
2. Internships
3. Part-Time Employment
4. Volunteer Activities
5. Schoool Activities
Physicians, web designers, and furniture movers are _____ .
service businesses
Before a business owner completes the business plan, he or she should ask business experts to review the plan. True or False
True
Members of the first level of management in a business are commonly called _____.
supervisors
Workers within the workforce consist of white-collar, blue-collar, and ______ workers.
Service
What would be included in a career portfolio?
1. Resume
2. Cover letter
3. Creative work examples
4. Letters of recommendations
A _____ must name a board of directors that will make the major policy and financial decisions for the business.
corporation
Members of the _____ are retired businesspeople who volunteer their services to help new business owners.
Service Corps of Retired Executives
________ values are the important principles that will guide decisions and actions in the company.
Core
What are the seven major human resources goals?
1. Identify the personnel needs of the company.
2. maintain an adequate supply of people to fill those needs.
3. Match abilities and interest with specific jobs.
4. Provide training and development to prepare people for their jobs.
5. Develop plans to compensate personnel for their work.
6. Protect the health and well-being of employees.
7. Maintain a productive and satisfying work environment.
What are the five sections of the resume?
1. Personal information
2. Career objective
3. Education
4. Work experience and Volunteer work
5. Career-related honors and activities
What type of funds are used to buy buildings and equipment, hire and train workers, and complete day-to-day business operations?
Captial Funds
_____ is money provided by large investors to finance new products and new businesses that have a good chance to be very profitable.
Venture capital
"Leaders are born and not made." True or False
False
Managers work can be organized within five functions:
1. planning
2. organizing
3. staffing
4. implementing
5. controlling
What are the 6 steps to the career planning process?
1. Personal assessment
2. Employment market analysis
3. Application process
4. Interview process
5. Employment acceptance
6. Career development and advancement