Management Styles
What is the term for a leadership style where a manager makes all the decisions without consulting employees?
Autocratic
What is the term for an activity that helps employees bond and work together more effectively?
Team-building exercise
What is the term for money borrowed from a bank that must be repaid with interest?
Loan
What phrasal verb means to cancel a meeting or event?
Call off
What is the world's most widely spoken business language?
English
Which management style encourages employee participation in decision-making?
Democratic management
What is one common cause of conflict in teams?
Poor communication, unclear roles, personality clashes, etc
What is equity financing
Raising money by selling shares of the company
What phrasal verb means to start a new business?
Set up
What does the acronym "CEO" stand for?
Chief Executive Officer
Name a management style that emphasizes collaboration and team input but still has a clear leader making the final decision.
Consultative management
What is the name of the team-building strategy where employees switch roles for a day to understand different jobs?
Job rotation
Name one advantage of crowdfunding
It allows businesses to raise money from many small investors without taking on debt.
What phrasal verb means to temporarily replace someone in a job or role?
Fill in
Which company was the first to reach a $1 trillion market value?
Apple
In which management style do employees have full control over their work with little direct supervision?
Laissez-faire management
What is the term for a situation where team members work together smoothly, leveraging each other's strengths?
Synergy
What does "ROI" stand for in finance?
Return on Investment
What phrasal verb means to reduce expenses to save money?
Cut Back
What is the most popular password in the world, which people are advised not to use?
123456
Which leadership style is best for a startup that needs quick decisions and flexibility?
Transformational leadership
What is the term for a workplace event where employees work together on a shared project outside of their normal tasks, often to brainstorm new ideas?
Hackathon or team retreat
What is the difference between venture capital and angel investors?
Venture capital comes from firms investing large amounts, while angel investors are individuals providing early-stage funding.
What phrasal verb means to persuade someone to agree with you?
Bring around
What company owns popular brands like Google, YouTube, and Android?
Alphabet Inc