Management

4. What is the term for the amount of money a company has left after subtracting expenses from revenue?
6. A professional who takes a leadership role in an organisation and manages a team of employees
9. Company X sells another business the right to sell its products or services in return for payment. This is an example of …?
10. A person who sets business, taking on the financial risks to get profit
11. Which competitive strategy is based on the idea of concentrating on a specific market segment, striving to offer a desirable product to that segment, either because of excellent quality or distinctiveness to the customer or lower costs than any competitors can match?
13. What is the process of entering new markets or industries called?
15. What is the process of buying another company or business unit called?
17. What is the name of the consulting firm that created a matrix - a visual tool designed to help portfolio managers determine resource
18. Who is the author of the Theory X and Theory Y management styles? (Write a surname)
19. What approach to management emphasizes the importance of understanding the needs and wants of customers?

1. What is the term used to describe a society that has moved from a manufacturing-based economy to a service-based economy?
2. What is the name of the consulting firm that developed the growth-share matrix?
3. The division of a business that is charged with finding, recruiting, screening, and training job applicants (2 words)
5. What is the term used to describe a business that operates in multiple countries?
7. Payment structure associated with the repayment of financial borrowings through a series of periodic payments.
8. What is a business unit with high market share and high market growth rate called in BCG Matrix?
9. Salaries of administrative staff, rental of buildings, security of buildings - these are examples of what type of costs?
12. What is a specific action taken to achieve a particular objective called?
14. What is a long-term plan of action designed to achieve a particular goal or set of goals called?
16. What type of management is focused on monitoring and controlling the flow of goods and services?