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EOPA EEwo3
Entrepreneurship
| Question | Answer |
|---|---|
| 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 |
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eewo
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