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EOPA C.Sanders 2
Entrepreneurship Pathway
| Question | Answer |
|---|---|
| Who is responsible for planning and motoring in a Business management? | Financial Controller |
| What are Industrial Goods? | Physical products purchased by companies to produce other products |
| What is Asset and give two types of an Asset? | Is anything value owned by a business. Current Assets and Short term assets |
| What is a Fixture? | Part of a building that cannot be moved, so securely attached to real estate that it becomes part of the real estate |
| Which stage is in the Product Life Cycle in which a product's sales decline | Decline Stage |
| What is Tactical Planning? | The process of developing detailed, short term statement about what is to be done, Who is to do it, and how it is to be done |
| What are the 3 types of planning? | Tactical, Operational, and Contingency |
| What are two types of Skills ? | Human Relations and Technical skills |
| What is an Autocratic Leadership? | Leadership style that involves making managerial decisions without consulting others. |
| What is the Invisible Hand? | Right to Private Property Right to own a business and to keep that business profit after taxes , freedom of competition, and right to freedom of choice |
Created by:
Csanders34
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