How much do I know about chapter 1?

1)What is management?
getting goals done with or without other people?

2)what is effectiveness

3)what is efficiency?

4)what is off shoring?
out sourcing.

5)what is E-business?
business online.

6)what are managerial functions?

7)what are managerial skills?

8)what is a small business?
small business is what 99% employees of American's in the U.S. under 100 employers.

8)what is entrepreneurship?
Entrepreneurship is a business owner that is a risk taker.




1)Management is the process of getting activities completed efficiently and effectively with and through other people

2)

3)Also known as productivity, efficiency is measured by most corporations, sole-ownerships, and partnerships by how much of a product/service is completed per employee, per hour. In business terms, many familiar sounding words actually have concrete and measurable meanings, so be careful to not use them too vaguely.

4) Off shoring is a type of outsourcing. Off shoring simply means having the outsourced business functions done in another country

5)E-business (electronic business), derived from such terms as "e-mail" and "e-commerce," is the conduct of business on the Internet, not only buying and selling but also servicing customers and collaborating with business partners

6)

7)A small business may be defined as a business with a small number of employees. The legal definition of "small" often varies by country and industry, but is generally under 100 employees in the United States

8)Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities.