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EOPA ABrathwaite2
Entrepreneurship
| Question | Answer | ||
|---|---|---|---|
| What is Democratic Leadership ? | Often the best kind of leaders they listen to other people's opinions and encourage the exchange of ideas. | ||
| what is the definition of slack resources -? | a way to maintain flexibility in a plan | ||
| define differentiation | Making a product of service unique | ||
| what are the four elements of BCG Matrix ? | star - High growth ,high market , 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 of service | ||
| Value -Reducing strategy | This happens on an organization - wide level when the stakeholders or customers perceive that the business is getting too big for it's britches or that only the top - level executives are benefiting from diversification | what is the role of the government in a business ? | In a market company the government serve as a regulator |
| what is Laissez - Fair leader -? | Hands off leader they simply choose not to lead . | Example of a benefit form would be? | Vaccinations , roads, libraries , parks, schools |
Created by:
arie98_
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