stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
BO 1st Partial Review Flashcards | StudBud
Explore
/
BO 1st Partial Review
BO 1st Partial Review
24 terms
·
StudBud Administration
·
316 plays
Imported from external platform
Flashcards
24 cards
F
Practice quiz
P
Host live
L
Questions
24
Answers
1
What is the
Mandalorian's
name?
Moff Gideon
Greef Karga
Din Djarin
Grogu
2
A
business model
is a description of how a business makes money.
False
True
3
What is a characteristic of a functional organizational structure?
Employees report to multiple managers
Decentralized decision-making
Emphasis on cross-functional teams
Division based on specific functions or departments
4
For profit
business are owned by:
By rich people.
Trustees and managers.
A board of directors.
Individuals, partners or shareholders.
5
We can say that the objective of a
non profit
business is...
To promote good habits among people.
To promote asocial cause or advocate for a particular standpoint.
Develop innovative products that are valuable to consumers.
To provide a job for life to young people.
6
This
management theory
focuses on the delegation of responsibilities to subordinates or employees within an organization
Administrative
Modern
Scientific
Bureaucratic
7
Which business legal structure is designed to balance profit-making with a commitment to social and environmental goals?
Sole Proprietorship
B-Corporation (B-Corp)
Limited Liability Company (LLC)
Nonprofit Organization
8
The Business Model Canvas is a tool that primarily focuses on detailed financial projections for a business
False
True
9
A
Value Proposition
is:
The way you solve a customer's problem.
A process that allows to deliver value.
The monetary value of a company.
How you will make profits for your company.
10
In the Business Model Canvas, what does the "Channels" section refer to?
The distribution and communication channels used to reach customers
The costs associated with delivering the value proposition
The key partners involved in the business model
The primary customer segments targeted by the business
11
The
4 ways
businesses can be
organized
are:
By their nationality, structure, economic model & economic power.
By their purpose, business model, type of ownership and structuture.
By their stability, business model, type of management and size.
By their profitability, value, size and business model.
12
These are the names of the
4 male friends
from
Stranger Things:
Mike, Gus, Will and Jim.
Will, Dustin, Mike and Lucas.
Lucas, Max, Dustin and Mike.
Steve, Robin, Jonathan, and Will.
13
In a matrix organizational structure, employees report to multiple supervisors simultaneously.
False
True
14
An
organizational structure
is:
A system used to define a roles & responsibilities within an organization.
The way businesses are designed to generate a profit.
The business process developed in order to make money.
How business ownership can be stablished.
15
Flat organizational structure
encourages responsability and independence from employees.
True
False
16
What phrase is written on the walls of the
Cobra Kai
Dojo?
You're the best around.
Strike First. Strike Hard. No mercy.
Karate for defense only.
Strike Harder. Strike Better. Strike Faster.
17
In this
type of business model
users must pay to gain access to key features.
Crowdsourcing
Razor blade
Freemium
Subscription
18
The video game industry, uses this
type of business model
to generate a profit.
Razor Blade
Marketplace
Manufacturer
Retailer
19
For profit
organizations can get funds to private donations of money or time, or sponsoships.
False
True
20
Which business legal structure involves two or more individuals sharing ownership and responsibilities?
Limited Liability Company (LLC)
Partnership
Cooperative
Sole Proprietorship
21
In order to make an appropiate choice of the
business legal structure
you need to consider...
The mission and vision statements and the expected profit.
The key resources and processes of the company and the value proposition.
The future growth, the overall culture and & the level of interaction.
The nature of the business, tax implications and level of control.
22
A cooperative is a business legal structure where members pool resources to achieve shared economic goals
False
True
23
Greenpeace is a for profit organization
True
False
24
What is the name of the
girl
in
Inside Out?
Riley
Boo
Dot
Colette
