This class was created by Brainscape user Emily Thomas. Visit their profile to learn more about the creator.

Decks in this class (20)

Chapter 1 - The Entrepreneurial Life
Small businesses have fewer than ...,
Small businesses have _____ than ...,
Operations of small businesses ar...
52  cards
Chapter 1 Vocab
A small firm that has great prosp...,
A small firm that provides substa...,
A small firm that provides minima...
22  cards
Chapter 2 Vocab
A general sense of honesty and re...,
Individuals or groups who either ...,
A company s ethical obligations t...
10  cards
Chapter 3 Vocab
Identification of potential new p...,
Readiness to act on existing but ...,
New business ventures created fro...
24  cards
Chapter 4 Vocab
A business model involving a busi...,
The party in a franchise contract...,
An entrepreneur whose power is li...
20  cards
Chapter 19 Vocab
Authorization of employees to mak...,
Groups of employees with freedom ...,
A manager who uses systematic ana...
15  cards
Chapter 2: Integrity and Ethics: Foundations for Success in Small Business
What is integrity,
Acting with integrity requires th...,
A business owner should strive to...
60  cards
Chapter 3: Starting a Small Business
The identification of potential n...,
The readiness to act on existing ...,
New business ventures created fro...
52  cards
Chapter 4: Franchises and Buyouts
What is a franchise,
The owner of a trademark service ...,
The party in a franchise contract...
38  cards
Chapter 19: Professional Management and the Small Business
Leadership involves,
What is the first task of the sma...,
An entrepreneur is a _______ who ...
58  cards
Chapter 5 Vocab
A group of people bound by a shar...,
An organization in which either t...,
A venture operated b a founding e...
14  cards
Chapter 6 Vocab
A document that outlines the basi...,
An abbreviated business plan that...,
A complete business plan that pro...
18  cards
Chapter 7 Vocab
Business activities that direct t...,
The fundamental benefit or soluti...,
The basic physical product and or...
23  cards
Chapter 8 Vocab
Managers and other key persons wh...,
An interconnected system of relat...,
The advantage created by an indiv...
27  cards
Chapter 5: The Family Business
What is the family s primary func...,
What is the business concerned with,
The family s focus is on what
29  cards
Chapter 6: The Business Plan: Visualizing the Dream
A document that outlines the basi...,
A tool to be used by company insi...,
A business plan is a tool to be u...
51  cards
Chapter 7: The Marketing Plan
This emphasizes the product as th...,
In this philosophy the firm conce...,
This deemphasizes production effi...
20  cards
Chapter 8: The Organizational Plan
0  cards
Compend Test
A business that makes finished go...,
A business that purchases finishe...,
A particular business that provid...
100  cards
Vocabulary
A small firm that has great prosp...,
A small firm that provides substa...,
A small firm that provides minima...
279  cards

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Management

  • Class purpose General learning

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