Business 321

Ch 1. Introduction to Entrepreneurship & Small Businesses
	Lesson 1 – Small Business in the American Economy	Take Quiz
	Lesson 2 – Small Business in a Global Market	Take Quiz
	Lesson 3 – What is an Entrepreneur? – Definition, Characteristics & Examples	Take Quiz
	Lesson 4 – Entrepreneurship & the Economy: Definition & Importance	Take Quiz
	Lesson 5 – Common Forms of Entrepreneurship	Take Quiz
	Lesson 6 – Entrepreneurs: Personality Types & Characteristics	Take Quiz
	Lesson 7 – Entrepreneurs: Required Skills & Competencies	Take Quiz

Go to chapter Introduction to Entrepreneurship & Small Businesses

Practice test: Introduction to Entrepreneurship & Small Businesses

Ch 2. Starting a Small Business
	Lesson 1 – Steps & Aspects for Starting a New Business	Take Quiz
	Lesson 2 – Starting a Business: Factors, Procedures & Issues	Take Quiz
	Lesson 3 – Feasibility Plans for Small Businesses	Take Quiz
	Lesson 4 – Business Plans: How to Develop a Feasibility Plan	Take Quiz

Go to chapter Starting a Small Business

Practice test: Starting a Small Business

Ch 3. Small Business Management Strategy
	Lesson 1 – Managing a Small Business	Take Quiz
	Lesson 2 – Leadership: Leaders & Their Role in Organizations	Take Quiz
	Lesson 3 – Management in Organizations: Top, Middle & Low-Level Managers	Take Quiz
	Lesson 4 – Four Functions of Management: Planning, Organizing, Leading & Controlling	Take Quiz
	Lesson 5 – Business Management Processes: Definition, Types & Importance	Take Quiz
	Lesson 6 – Types of Internal Organizational Change: Structural, Strategic, People, and Process	Take Quiz
	Lesson 7 – Managerial Challenges Caused by Organizational Change	Take Quiz
	Lesson 8 – Delegation in Management: Definition & Explanation	Take Quiz

Go to chapter Small Business Management Strategy

Practice test: Small Business Management Strategy

Ch 4. Developing Small Business Plans
	Lesson 1 – Why Are Business Plans Important?	Take Quiz
	Lesson 2 – How to Write a Business Plan	Take Quiz
	Lesson 3 – Business Plans: How to Develop a Business Mission Statement	Take Quiz
	Lesson 4 – Using SWOT Analysis to Define Current Competitive Position	Take Quiz
	Lesson 5 – What is a Business Model? – Definition & Relationship to Operations	Take Quiz

Go to chapter Developing Small Business Plans

Practice test: Developing Small Business Plans

Ch 5. Understanding Business Structures
	Lesson 1 – What is a Sole Proprietorship? – Definition, Advantages, Disadvantages & Examples	Take Quiz
	Lesson 2 – The Basics of Partnerships: Types & Examples	Take Quiz
	Lesson 3 – The Basics of LLCs: Limited Liability Companies	Take Quiz
	Lesson 4 – Corporations: Types, Advantages, Disadvantages & Examples	Take Quiz
	Lesson 5 – Types of Business Licenses & Permits	Take Quiz
	Lesson 6 – Franchises: Opportunities and Challenges	Take Quiz

Go to chapter Understanding Business Structures

Practice test: Understanding Business Structures

Ch 6. Marketing Overview for Small Businesses
	Lesson 1 – Introduction to Marketing: Definition and Applications	Take Quiz
	Lesson 2 – Small vs. Large Business Marketing: Budget & Methods	Take Quiz
	Lesson 3 – Marketing, Production, Sales & Societal Marketing Orientation	Take Quiz
	Lesson 4 – How to Write a Marketing Plan	Take Quiz
	Lesson 5 – What Are Marketing Objectives? – Examples & Overview	Take Quiz
	Lesson 6 – Competitive Advantage: The Importance of Strategic Marketing	Take Quiz

Go to chapter Marketing Overview for Small Businesses

Practice test: Marketing Overview for Small Businesses

Ch 7. Small Business Product Development
	Lesson 1 – How Product Development Differs for Small Businesses	Take Quiz
	Lesson 2 – How to Develop and Market New Consumer Products	Take Quiz
	Lesson 3 – Product Development and Business Growth: Process & Strategies	Take Quiz
	Lesson 4 – Product Life Cycles: Development, Design and Beyond	Take Quiz
	Lesson 5 – Buying Behavior and Marketing: Types of Consumer Buying Decisions	Take Quiz
	Lesson 6 – Niche Strategy in Marketing: Definition & Concept	Take Quiz
	Lesson 7 – Place in the Marketing Mix: Definition & Concept	Take Quiz
	Lesson 8 – Pricing Strategy in Marketing: Definition, Types & Examples	Take Quiz
	Lesson 9 – Price Selection: How Businesses Select the Correct Price for Products	Take Quiz
	Lesson 10 – Economic Factors of Pricing and Pricing Strategy	Take Quiz
	Lesson 11 – Pricing Decisions: Profit-Oriented, Sales & Status Quo	Take Quiz
	Lesson 12 – Pricing Strategy and Consumer Perception	Take Quiz
	Lesson 13 – Effects of Advertising on Consumer Buying Behavior	Take Quiz
	Lesson 14 – Internet Marketing for Small Businesses	Take Quiz

Go to chapter Small Business Product Development

Practice test: Small Business Product Development

Ch 8. Small Business Marketing & Promotion
	Lesson 1 – Marketing Research: Definition, Purpose and Role in Marketing Strategy	Take Quiz
	Lesson 2 – Market Size: Definition & Explanation	Take Quiz
	Lesson 3 – The Role of the Value Proposition in Marketing	Take Quiz
	Lesson 4 – What Is a Competitive Environment in Business? – Definition, Examples, Advantages & Disadvantages	Take Quiz
	Lesson 5 – Sales Strategies for Business Growth	Take Quiz
	Lesson 6 – Market Segmentation: Geographic, Demographic, Psychographic & More	Take Quiz
	Lesson 7 – Various Types of Target Marketing Strategies	Take Quiz
	Lesson 8 – Positioning and Differentiation in Consumer Marketing	Take Quiz
	Lesson 9 – Marketing Implementation: Example Plans & Strategies	Take Quiz

Go to chapter Small Business Marketing & Promotion

Practice test: Small Business Marketing & Promotion

Ch 9. Measuring Marketing Results
	Lesson 1 – Integrated Marketing Communication Metrics	Take Quiz
	Lesson 2 – Measuring Marketing Plan Successes & Failures	Take Quiz
	Lesson 3 – Marketing Metrics in the Long-Term: Purpose & Role	Take Quiz

Go to chapter Measuring Marketing Results

Practice test: Measuring Marketing Results

Ch 10. Accounting Overview for Small Business
	Lesson 1 – Small Business Accounting & Financial Reporting Overview	Take Quiz
	Lesson 2 – Accounting vs Bookkeeping: Differences and Similarities	Take Quiz
	Lesson 3 – External and Internal Users and Uses of Accounting	Take Quiz
	Lesson 4 – What Is GAAP? – The Generally Accepted Accounting Principles	Take Quiz
	Lesson 5 – The Accounting Cycle: Definition, Steps & Examples	Take Quiz
	Lesson 6 – Using the Accounting Equation: Analyzing Business Transactions	Take Quiz
	Lesson 7 – Manual Accounting System: Definition, Advantages & Disadvantages	Take Quiz
	Lesson 8 – Comparing the Effects of Capitalizing & Expensing	Take Quiz

Go to chapter Accounting Overview for Small Business

Practice test: Accounting Overview for Small Business

Ch 11. Financing & Budgeting in Small Businesses
	Lesson 1 – The Financial Planning Process	Take Quiz
	Lesson 2 – Start-Up Budget: Definition & Example	Take Quiz
	Lesson 3 – Funding Opportunities for Entrepreneurs	Take Quiz
	Lesson 4 – Bootstrapping: Definition, Method, Techniques & Example	Take Quiz
	Lesson 5 – Asset-Based Lending: Definition & Uses	Take Quiz
	Lesson 6 – Angel Investing: Definition, Benefits & Risks	Take Quiz
	Lesson 7 – Sources of Short-Term Financing	Take Quiz
	Lesson 8 – Sources of Long-Term Financing	Take Quiz
	Lesson 9 – Required Assignments Reminder

Go to chapter Financing & Budgeting in Small Businesses

Practice test: Financing & Budgeting in Small Businesses

Ch 12. Financial Reporting for Small Businesses
	Lesson 1 – What Are Financial Statements? – Definition, Purpose & Importance	Take Quiz
	Lesson 2 – What Is an Income Statement? – Purpose, Components & Format	Take Quiz
	Lesson 3 – The Balance Sheet: Purpose, Components & Format	Take Quiz
	Lesson 4 – What Is Cash Flow? – Definition, Calculation & Example	Take Quiz
	Lesson 5 – The Statement of Cash Flows: Purpose, Format & Examples	Take Quiz
	Lesson 6 – Statement of Changes in Equity: Purpose & Examples	Take Quiz
	Lesson 7 – Financial Statement Analysis: Definition, Purpose, Elements & Examples	Take Quiz
	Lesson 8 – Financial Statement Ratios: Determining Company Performance	Take Quiz
	Lesson 9 – Profitability Ratio: Definition, Formula, Analysis & Example	Take Quiz

Go to chapter Financial Reporting for Small Businesses

Practice test: Financial Reporting for Small Businesses

Ch 13. Risk Management in Small Business
	Lesson 1 – External Environmental Changes Drive the Need for Risk Management	Take Quiz
	Lesson 2 – Ways to Manage Risk: Insurable and Uninsurable Risk	Take Quiz
	Lesson 3 – Insurance Coverage for Various Types of Risk	Take Quiz
	Lesson 4 – What Is Product Liability? – Definition & Laws	Take Quiz
	Lesson 5 – Contract Law Terms: Definitions & Contract Types	Take Quiz
	Lesson 6 – Types of Contract Breach: Partial, Material, & Total	Take Quiz
	Lesson 7 – UCC Contract Law: Requirements	Take Quiz

Go to chapter Risk Management in Small Business

Practice test: Risk Management in Small Business

Ch 14. Human Resource Management in Small Businesses
	Lesson 1 – Human Resource Management: Definition, Objectives & Responsibilities	Take Quiz
	Lesson 2 – Managing Human Resources in Small & Entrepreneurial Firms	Take Quiz
	Lesson 3 – Aligning HRM and Organizational Strategy	Take Quiz
	Lesson 4 – Common Compensation Systems: Salary, Hourly, Contractor, Pay-For-Performance	Take Quiz
	Lesson 5 – Ethical Issues in HR: Definition & Importance	Take Quiz
	Lesson 6 – Employee Rights: Employment-At-Will Doctrine & Exceptions	Take Quiz
	Lesson 7 – Employee Rights: Privacy & Safety	Take Quiz
	Lesson 8 – Types of Workplace Harassment: Verbal, Nonverbal, Physical & Visual	Take Quiz
	Lesson 9 – Equal Employment Opportunity: Title VII Law & Regulations	Take Quiz
	Lesson 10 – Equal Employment Opportunity: ADA Law & Regulations	Take Quiz
	Lesson 11 – Affirmative Action: Definition and Effects on Diversity in the Workplace	Take Quiz
	Lesson 12 – Health and Safety Regulations: OSHA	Take Quiz
	Lesson 13 – Human Resource Management: Hiring and Staffing	Take Quiz
	Lesson 14 – The Hiring Process: How Human Resource Managers Recruit and Hire Employees	Take Quiz
	Lesson 15 – Common Staffing Selection Methods: Definitions, Interview Types, Pros & Cons	Take Quiz

Go to chapter Human Resource Management in Small Businesses

Practice test: Human Resource Management in Small Businesses

Ch 15. Ethics in Small Business
	Lesson 1 – Ethics & Social Responsibility in Small Businesses	Take Quiz
	Lesson 2 – Business Ethics in Contemporary Businesses	Take Quiz
	Lesson 3 – Code of Business Conduct: Ethics, Standards & Examples	Take Quiz
	Lesson 4 – Ethical Decision Making	Take Quiz
	Lesson 5 – Factors that Affect Ethical Behavior in the Workplace	Take Quiz
	Lesson 6 – The Difference Between Workplace Ethics and the Law	Take Quiz
	Lesson 7 – Social Responsibility in Organizations	Take Quiz
	Lesson 8 – Business & the Community: Partnerships & Interactions	Take Quiz

Go to chapter Ethics in Small Business

Practice test: Ethics in Small Business

Ch 16. Required Assignment for Business 321
	Lesson 1 – Small Business Management – Assignment: Small Business Plan

Go to chapter Required Assignment for Business 321

Ch 17. Studying for Business 321
	Flashcards – Accounting for Small Businesses Flashcards
	Flashcards – Small Business Plan Development Flashcards
	Flashcards – Ethics in Small Business Flashcards
	Flashcards – Financial Reporting for Small Businesses Flashcards
	Flashcards – Financing & Budgeting in Small Businesses Flashcards
	Flashcards – Human Resource Management in Small Business Flashcards
	Flashcards – HR Management & the Law in Small Business Flashcards
	Flashcards – Basics of Entrepreneurship & Small Businesses Flashcards
	Flashcards – Marketing & Promotion for Small Businesses Flashcards
	Flashcards – Risk Management in Small Business Flashcards
	Flashcards – Small Business Management Strategy Flashcards
	Flashcards – Small Business Product Strategy Flashcards
	Flashcards – Small Business Product Development Flashcards
	Flashcards – Starting a Small Business Flashcards
	Flashcards – Types of Business Structures Flashcards

Go to chapter Studying for Business 321