Afm 132 Study guides, Class notes & Summaries

EQ (Emotional Quotient, also know as emotional intelligence) Focuses on the strength of certain soft skills, and involves developing greater self-awareness and self-control, and developing the ability to empathize and see a variety of perspectives. Intrapreneurship Entrepreneurial activity within a corporate setting, where one is able to help grow their company by being creative to evolve processes or launch new products/services using the company's existing resources and reputation. ...

Porter's 5 forces considers the political, economic, social, technological, and overarching factors that may impact the success of a business. False The manager of Extreme Sporting Goods is concerned that cash expenditures have been exceeding cash receipts for the last six months, suggesting that Extreme is suffering from a(n) ____________ problem. cash flow Johnny was asked to come up with new ideas to launch a product that complements his company's existing mix of products. J...

Intrapreneurship process of promoting innovation within the structure of an existing organization How To Become Futureproof Hone irreplicable technical and soft skills Still expected to learn and understand routine tasks Use of professional judgement is still required Digital Literacy Ethical Behaviour Companies that extend their values and expectations (e.g. fair wages, quality working conditions) with those they're associated with (e.g. suppliers) Sustainability Co...

John is looking to buy an established business. Which of these is not a question he should ask himself before buying it? a) Why is it up for sale? b) How much should I be paying? c) Will I have a lot of control over the business? d) None of the above c) Will I have a lot of control over the business? All of these are good reasons to become an entrepreneur, except... a) Wanting to define one's own success b) Desiring a flexible schedule c) Being one's own boss d) Wanting a stabl...

John is looking to buy an established business. Which of these is not a question he should ask himself before buying it? a) Why is it up for sale? b) How much should I be paying? c) Will I have a lot of control over the business? d) None of the above - Answer c) Will I have a lot of control over the business? All of these are good reasons to become an entrepreneur, except... a) Wanting to define one's own success b) Desiring a flexible schedule c) Being one's own boss d) Wanti...