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EOPA ELawrence2
Entrepreneurship Pathway
Question | Answer |
---|---|
What is the process of developing detailed, short term statements about what is to be done, who is to do it, and how it is to be done? | Tactical Planning |
A ____ Sheet is a financial statement that reports assets, liabilities, and owner's equity on a specific date | Balance |
In the Product Life Cycle, the 4 stages that product goes through is? | Introduction, Growth, Maturity, & Decline |
What are the 4 phases of business cycles? | Economic boom, Recession, a Depression, Recovery |
What is ethical dilemma (as it relates to ethics)? | It's the difference between right and wrong |
What are the four elements of BCG Matrix? | Star= (high growth, high market share) Cash Cow= (low growth, high market share) Question Mark= (high growth, low market share) Dog= (low growth, low market share) |
What is quality control? | The process of a business that seeks to ensure the quality of their products/services meet the customer needs by testing their products or services |
Ergonomics is the study of implanting safety and ___ in the computer user’s workplace | Comfort |
What are government regulations generally designed to do? | Protect the public from harmful or unjust actions |
To be a good team leader, is it important to do what? | Recognize the strengths of others |