Exam 2 Study Sheet-Mgmt 120-Fall2007

Exam 2 Study Sheet-Mgmt 120-Fall2007 -...

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Exam 2 Study Sheet: Chapters 5, 6, 7 and 11 and Legal Framework (pp. 138ff.) Mgmt 120 / Fall 2007 / Lynn __________________________________________________________________________ Anything from book and class since the last exam is fair game, but I’ve tried to highlight a few points below. PowerPoint slides are posted on Blackboard. Bring a Scantron form for the multiple-choice; I will provide paper for the short-answer and essay. The test is roughly divided into: 75% is multiple-choice from class and the textbook 25% is short-answer from class alone Multiple-Choice : (75 points) Book : Employees/Revenues in small firms- Locus of control- Small firm advantages/failures- Internet, history of- Small firm financing- Types of networks- Franchise sales- Types of electronic payment- Franchisee/Franchisor roles- Specialization- Sole proprietorships- Production processes- Loss and liability in corporations- Computer-aided manufacturing tools-
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Unformatted text preview: Conglomerates-Production sources, layout, inventory-Entrepreneurs/Intrapreneurs/Change agents-Production control-Gazelles-Gantt/PERT, forecasting, benchmarking-Entrepreneurs and failure-Vertical/horizontal mergers-Skunkworks-Acquisition-Angel investor and venture capital-PowerPoint : Internet diffusion/origin -C2C/B2B/etc.-International entrepreneurship-DWYSYWD-Analytical/Interpretive product development- Timmons’ “opportunity”-Social entrepreneurship-Business Law-Short-Answer : (25 points) • Describe a major strength and weakness of sole proprietorships, general partnerships, and corporations • Timmons’ 3-circle entrepreneurship model • Idea box and SCAMPER • Corporate legal structures (e.g., LLP, PC) vary on the basis of what three things? • Describe two ways e-commerce differs from traditional business...
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This note was uploaded on 04/14/2008 for the course MGMT 120 taught by Professor Lynn during the Fall '08 term at Abilene Christian University.

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