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The number of pages does not matter.
Make sure to respond to all parts of the question. Be clear, concise, check spelling and grammar and sentence structure. Also be detailed thank you.
1. Identify the four levels of a company's ethical environment. How does ethical leadership contribute to ethical standards throughout a company?
2. What is entrepreneurship, and why is it important today, distinguish between venture capitalists and angel investors. Give examples from the current market place.
3. How is leadership defined, Identify the styles of leadership as they appear along a continuum of greater or lesser employee participation, and identity the relationship between leadership style and corporate culture - give examples.
4. What are the four steps in the process of motivation, Explain goal-setting theory and describe three ways that managers restructure jobs to increase employee motivation.
5. What are the two main production systems and what are the two time-related production processes and discuss any benefits vs drawbacks of computer-integrated manufacturing (CIM).
6. Differentiate among a brand, a brand name and trademark? Define brand equity and how important is building a brand for the success of the company.
7. Define retailer, What are the elements of a retailer's marketing strategy? Define wholesaling, differentiate between wholesaler and an agent or broker in terms of title to the goods.
8. What are the two basic types of advertising? into what three categories do they fall? What is the leading advertising medium in the united states, and why?
9. What is a cost-based pricing formula, why do companies implement competitive pricing strategies? Discuss price - quality strategy relationship.
10. List the four components of a components of a computer -based information system. What is a database? What are the two general types of information systems, give examples of each?
Explanation & Answer
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Running head: BUSINESS 101 QUESTIONS
Business 101 Questions
Name
Institution
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BUSINESS 101 QUESTIONS
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Business 101 Questions
1.
Identify the four levels of a company's ethical environment. How
does ethical leadership contribute to ethical standards throughout a company?
The four levels of a company ethical environment are Societal, Stakeholder,
Environmental policy, and Personal. Ethics of a company entirely rely on leadership. Leaders are
therefore expected to act as ethical role models for the workers in the company to help set the
company`s culture ethics together with personal responsibilities of those within the organization
(Beauchamp, Bowie & Arnold, 2004). Leaders lead and are therefore responsible for any results
2. What is entrepreneurship, and why is it important today, distinguish between
venture capitalists and angel investors. Give examples from the current market
place.
Entrepreneurship is the ability to developing, organizing, and managing a business started
despite all the risks involved at an objective of making profit. It relies on ability to noting a
business opportunity in market and harnessing resources to start off.
Entrepreneurship is of great importance in the current society due to its ability to play a very
great role on economic development of a particular country. This is by increasing industrial
development, regional growth as well as employment creation.
Venture capitalists-these are persons or firms investing in new business ventures by
providing startup capital or expansion capital for a certain upcoming or existing business
projected to have high rate of growth. Venture capitalists involve professionally managed private
or public firms. Angel investors are effluent individuals who provide capital for business startup
for ownership exchange equity or convertible dept. anyone can be an angel investor if has a net
BUSINESS 101 QUESTIONS
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worth of not less than one million dollar and has an annual income which exceeds two hundred
thousand dollars.
3. How is leadership defined, identify the styles of leadership as they appear along a
continuum of greater or lesser employee participation, and identity the relationship
between leadership style and corporate culture - give examples.
Leadership is the ability of motivating a group of people to work and act towards a
certain common objective goal (Nanus, B. (1992). There are various leadership styles depending
on workers participation. Authoritarian or autocratic-leaders imposes what he or she wants to be
done b...
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