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EOPA EEwo3

Entrepreneurship

QuestionAnswer
What is debt Financing funds raised through various forms of borrowing that must be repaid
What is Accounting? the information system that identifies, records, and communicates the economic events of an organization in interested users
What is Scalar Principal of Management? States that subordinates at every level should follow the chain of command, and communication with their seniors only through their mediate or intermediate senior.
What are the four basic functions of management? Controlling, leading, organizing planning, Staffing (CLOPS)
A graphical chart that identifies tasks and deadlines in order to complete a project as a whole is best describe as Gantt Chart
One of the by-products of this study has demonstrated that an employee's attitude toward a job matters and that a sense of participation in the organization matters. Hawthorne Study
What is leadership? A competitive strategy by which a company to create a low of operation within their industry.
What are some examples of leadership? Ex; McDonald's, Wal-mart, Southwest Airlines
What are the 4 phases of business cycles? economic boom, recession, a depression, recovery
What is Consumer Price Index? measures changes in the prices of about 400 goods and services that consumers buy
Created by: eewo
 

 



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