Small Business Ownership Organization Leadership FUN ?
A person who starts a small business or takes a risk to make a profit.
The type of business that has no bricks and mortar for the customer.
Name an advantage of being an entrepreneur (as given in class notes)
Money left over after the business pays for its expenses.
The number of small businesses that exist in the United States.
A business owned by only one person.
What type of liability does a sole proprietor have? Explain what it means.
Which type of business ownership has the advantage of 1. Easier to obtain capital 2. Variety of skills & ideas
What is the minimum number of people for a partnership?
What’s the biggest disadvantage of a corporation?
Where is authority in a business that is centralized?
Where is authority with a company that is decentralized?
Which type of business can usually get by with an informal structure?
A regional manager is a manager at which level?
Which management function includes setting realistic goals?
In what country did the idea of self-managed teams start?
Giving other people power and responsibility is known as what?
What is the problem of autocratic leadership?
What is the problem with democratic leadership?
Doing what’s right when no one is watching is the idea of having what?
What female actress played the lead role in the movie, “Flightplan”?
What actress starred in both “Derailed” and “Rumor has It”?
Who preceded Daniel Craig as James Bond?
Who narrated “March of the Penguins?
What actor played the leading role in “The Illusionist”?
Entrepreneur
Virtual business OR Dot Com business
1.Satisfaction from taking a risk and being successful. 2.Showing expertise and skills. 3.Working from home. 4.Gaining profit.
Profit
25 million
Sole proprietorship
unlimited liability = responsible for all company debt.
Partnership
2
They pay more taxes
Top managment
Managers/departments
Small businesses
Middle management
Planning & Staffing
Japan
Delegating
No one likes working for autocratic leaders
It takes longer to get things done and for decisions to be made.
Integrity
Jodie Foster
Jennifer Anniston
Pierce Brosnan
Morgan Freeman
Edward Norton