EXAM 2 Study Guide Part 1 BUS 20 Section Tuesday 10/18/11

Power Point Slides Types of Design & production systems MIS definition Ecommerce Terms and Definitions [B2B, C2C, etc. Business uses of the Internet External vs. Internal data Sources Data vs. Information definitions Information needs throughout the Organization Differences between Data Warehousing and Mining Internet growth (by language) Internet use (by application) Relationship between information and decision risk External vs. internal data sources Information Technology – General Information - Collins, Chapter 15

Business Organization – General Information - Collins, Chapter 4 Power Point Slides Pros and cons of forms of ownership Disparity in sales vs. net income among various corporations Characteristics of small business Types of partnership Types of Corporation Tax advantages/disadvantages of corporations Types of Business Ownership Growing businesses

Entrepreneurship – General Information - Collins, Chapter 5 Power Point Slides Entrepreneur Types of financing Levels of planning Advantages/disadvantages of small business Breakdown of small business by industry Business start-up mistakes Ways of starting a business Advantages/disadvantages of franchising Reasons to develop a business plan Elements of a business plan Global issues Comparative vs. competitive advantage