Intrapreneur Study guides, Class notes & Summaries

BUSM 4010 MIDTERM QUESTIONS WITH SOLUTIONS 2024 What makes a good business idea? 5 questions: 1. Does it fulfill an unmet need 2. Is there a market for it 3. Is it viable 4. Can it generate a profit 5. Is there room for growth What makes a bad business idea Not a big enough market to sell in Based mostly on a trend - not sustainable You are not passionate about it There is no real need for it It does not solve a problem Brainpower Read More Previous Play Next Rew...

Principles of Management - C483 WGU (Pre-Assessment) Questions and Answers 100% pass Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - Answer- Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - Answer- Strengths What denotes skills or expertise in an activity that constitutes the roots of co...

Porter's 5 forces considers the political, economic, social, technological, and overarching factors that may impact the success of a business. - Answer- 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. - Answer- cash flow Johnny was asked to come up with new ideas to launch a product that complements his company's existing mix of p...

organization - a group of people who work together to achieve some specific purpose management - the pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading and controlling the organization's resources efficiency - means to use resources-people, money raw materials, and the like - wisely and cost effectively effectiveness - means to achieve results, to make the right decisions and to successfully carry them out...

IB Business Management definitions 2024 Mission Statement - answerA positive statement setting out a business's core aims in order to motivate employees and engage the interest of external stakeholders. Cooperative - answerA group of individuals (workers, consumers or producers) working together to meet common goals. Corporate Social Responsibility (CSR) - answerRelates to the social, ethical, and environmental responsibilities identified by businesses & the strategies that they adopt t...

Entrepreneur A initiative,biggest beneficiary and risk-taker Customer A consumer or organization,purchase goods or service from a business Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:02 / 0:15 Full screen Consumer An Individual,purchase good or service for personal use. Consumer good Physical and tangible goods, Not for resale, durable and non-durable,cars and sweets factors of production Resources need...

Nonprofit Management questions and answers graded A+ by experts 2024/2025

Man 3025 Exam Questions And Answers (Verified And Updated) Define Management - answer1. the pursuit of organizational goals and efficiently and effectively by 2. integrating the work of people through (get them to work together) 3. planning, organizing, leading, and controlling the organization's resources To be efficient means? - answeruse resources; people, money, raw material and the like- wisely and cost-effectively To be effective means? - answerto achieve results, to make the resu...

4 major functions of a manager - planning, leading, organizing and controlling effectiveness - to achieve results to make the right decisions and to successfully carry them out so that they achieve organizational goals efficiently - to use resources such as people, money, and raw materials cost efficiently 7 challengers facing managers - competitive advantage, diversity, globalization, information technology, ethical standards, sustainability and managing your own happiness resolving confl...

Delivery of products or services - ANSWER-A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. - ANSWER-What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission statement is developed. Customized products are stand...