Entrepreneurship: Chapter 10 Concepts

a written statement listing the duties and responsibilities of a job

In some small businesses, all employees may report directly to the company owner.

Athlete

Warning signs that a person may not be a good worker include frequent job changes

Movie:  Neighbors

Always meet with the employee in public when terminating him/her and never explain why! 

Freelancers provide services to businesses 

In making a job offer, you should clearly state the 

Flo

A financial reward in addition to a regular wage or salary is a 

Interviewing:  make a list of closed-ended questions you want to ask

Beats

Insurance:  Covers the cost of dental and orthodontic expenses

Insurance:  Provides financial support for people who are in accidents

Most small businesses offer their employees pension plans

In a new business venture, the owner may serve in all levels of management

NBA Playoffs

Detailed job descriptions make clear the responsibilities of all workers 

Every company offers the same amount of sick leave.

Most managers today, _____ employees and give them more authority in decision-making

A plan that that shows how the various jobs in a company relate to one another is a 

Bad employees will help your company attract more customers and increase sales.

Salary:  An individual gets paid the same pay regardless of how many additional hours worked.

People who provide their services to a business by the hour or per job are called

When recruiting:  the owner must decide whether to use 

Interviewing:  the owner should never prepare questions to ask the interviewee.

Leadership Qualities:  Works well with others

Establishing the vision of the company is ultimately the responsibility of 

Students who work for little or no pay in order to gain experience 

To let other people share workloads and responsibilities 

XOXO

Artists:  Billionaire, All This Money, Bullet Proof, California Gurls

A type of classified ad that announces a job opening is called

Interviewing: Always arrive early, and its acceptable to send a text if needed.

Payments that are made on an hourly, daily, or per-unit basis are referred to as 

Blue Ivy

Fancy

Its important to screen applicants to remove people who do not meet the qualifications 

Leadership Qualities:  Respects feelings and needs of people

In most markets, wages and salaries are non-competitive.  So you get the best workers.

Hiring employees is usually not too difficult because you have enough information 

As an owner, you are encouraged to establish rules or policies concerning vacation time.

One of the best ways entrepreneurs can find employees is through 

Checking References:  Always ask previous employers about the applicants 

..checking references, you ask previous employers about a candidate’s personal qualities 

The best way for an entrepreneur to recruit employees is through college placement centers 

If the amount of product sold is $49,000 with a 10% commission...then "amount of commission"=

Apple 

Endorsement:  Cover Girl

Employees learn new responsibilities by actually performing them on the job