WorksheetsManagement for Entrepreneurs
Total questions: 25
Worksheet time: 13mins
This is getting the work of an organization done through its people and resources.
Leadership
Motivation
Management
Manipulation
Analyzing information, setting goals, and determining how to achieve them.
Planning
Organizing
Leading
Controlling
Arranging people, activities, and resources in the best way to accomplish the goals of the organization.
Planning
Organizing
Staffing
Controlling
Measuring performance, comparing it with goals and making adjustments when necessary.
Planning
Organizing
Leading
Controlling
Selecting employees and matching individuals with the work to be done.
Planning
Organizing
Staffing
leading
The ability to communicate the direction of the business and influence others to successfully carry out the needed work.
Planning
Organizing
Leading
Controlling
An entrepreneur who earns the respect and cooperation of employees to effectively accomplish the work of the new business is known as a:
Small Business Owner
Employee of the Month
Worker
Leader
An entrepreneur who is ethical in decision-making and ethical in their treatment of others has this very important leadership characteristic.
Honesty
Good Judgment
Intelligence
Objectivity
The entrepreneur John Mackey, founder of Whole Foods Market, focused on building trust with his employees. He said that those around you know who you really are, so as a leader you should be honest and:
Strange
Authentic
Intelligent
Objective
The ability to work effectively as part of a group:
Teamwork
Cooperation
Self-directed Work Team
Cooperating Team
This is a group of employees who work together toward a common purpose or goal without the usual managerial or other supervision:
Teamwork
Cooperation
Self-directed Work Team
Cooperating Team
The entrepreneur Steve Jobs felt that teamwork was essential to the success of Apple. He said that teams at Apple worked together on a project until that project was accomplished. Successful entrepreneurs develop a culture of:
Hierarchy
Complacency
Bureaucracy
Collaboration
This occurs when employees learn a variety of jobs within one company and regularly switch jobs within the same organization:
Job Teamwork
Job Rotation
Self-directed Rotation
Cooperating Rotation
The ___________ __________ is a short, specific statement of the business’s purpose and direction.
Mission Statement
Team Statement
Mission Announcement
Work Announcement
This is a statement that is more inspirational and broadly identifies why the business exists.
Team Statement
Vision Statement
Mission Announcement
Work Announcement
These are rules or guidelines to be used in a company to make consistent decisions:
Policies
Mission Statement
Procedures
Operating Principles
These are the steps to be followed for consistent performance of important activities:
Policies
Mission Statement
Procedures
Operating Principles
The Walt Disney Company wants “To make people happy.” This is an example of a:
Mission Statement
Vision Statement
Which of the following is a FALSE statement:
Successful entrepreneurs will value and show appreciation for the work of their partners and employees.
Those entrepreneurs who lead, rather than direct and order employees, are more effective and successful business owners.
Very few, if any, entrepreneurs will also become managers as their new business venture grows.
The entrepreneur will manage the work of employees and manage other resources needed to successfully operate the business.
Companies with effective managers usually have:
good products
satisfied customers
good employees
all of these
Trusting your own judgment:
Confidence
Stability
Dependability
Understanding
A self-starter who does things that need to be done without being instructed to do so has this characteristic.
Initiative
Cooperation
Dependability
Courage
The characteristic of NOT being highly emotional or rash in decision-making.
Confidence
Stability
Dependability
Understanding
Looking at all sides of a problem and NOT making a biased decision or statement.
Honesty
Good Judgment
Intelligence
Objectivity
Being consistent in actions and being relied on by others. Following through on commitments.
Initiative
Cooperation
Dependability
Courage
