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11 Cards in this Set
- Front
- Back
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How many new business started each year?
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600,000
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Who is John Kluge?
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John Kluge ranks as one of the least known but most powerful moguls in the modern television industry in the United States. Kluge proved a group of independent TV stations could make millions of dollars. His Metromedia, Inc. pioneered independent stations operations through the 1960s and 1970s. In the mid-1980s Rupert Murdoch offered Kluge nearly $2 billion for the Metromedia stations, which then served as the basis for Murdoch's FOX television network. This deal made Kluge one the richest persons in the United States.
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What caused snowboarding to gain in popularity?
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- Resorts allowing snowboards on their mountains
-“outlaw” aspect of snowboarding |
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Why do businesses fail?
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Bad Managment
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What are the qualities of a leader?
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-Courage
-Willingness to listen -Ability to collect and analyze info -Ability to change decisions -Decisiveness |
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What is a business?
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Any organization that strives for profits by providing goods and services that meet customer needs
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What makes South West different from the competion
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-Dedication to efficiency
-Corporate Culture -Fun place to work -Feels like a family |
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What is a buisness plan
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A step by step explanation of how a business will achieve its goals
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What is included in a buisness plan?
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-Describes the purpose of the company
-Evaluates competition -Estimates income and expense -Indicates a strategy for funding -Provides details of how the firm will carry out its strategy |
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What is Economics?
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How society chooses to employ SCANT resources to produce goods and services and distribute them among various competing groups and individuals
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What is Micro economics?
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Looks at the behavior of people and organizations in particular markets
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