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EOPA KParsons1
entrepreneurship
Question | Answer |
---|---|
What does depreciation refer to? | The decrease in value overtime for a fixed asset. |
What are the three marketing strategies? | focus, differentiation and cost leadership |
Management process refers to the manager’s four basic functions of | controlling, leading, organizing and planning, staffing (CLOPS) |
Decision Making | choosing among two or more alternatives |
Free-Rein Leadership | leadership style that involves managers setting objectives and employees being relatively free to do whatever it takes to accomplish those objectives |
What does the acronym SWAT stand for? | A SWOT Analysis is a technique that evaluates a company’s internal strengths and weaknesses and its external opportunities and treats. |
Government regulations refers to | Protect the public from harmful or unjust actions |
A good way to develop good business related career skills is to... | participate in educational classes |
Internal Customers | individuals and units within the firm that receive services from other individuals or units |
Knowledge Management | finding the right information, keeping the information in a readily accessible place, and making the information known to everyone in the firm |