Business Mastery Chapters 1-4 Flashcards
31 Questions
100 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is a goal?

The object of a person's ambition or effort; an aim or desired result.

What are priorities in goal setting?

Primary areas of concern.

What does purpose mean in the context of goal setting?

A direction or theme utilized when setting goals.

What does the acronym SMARTER stand for?

<p>Specific, Measurable, Achievable, Realistic, Timelined, Enthusiastic, Rewarding.</p> Signup and view all the answers

What is strategic planning?

<p>A systematic process of envisioning a desired future, and translating this into broadly defined goals and a sequence of steps to achieve them.</p> Signup and view all the answers

What is creative visualization?

<p>A mental technique that uses the imagination to create success and make dreams and goals come true.</p> Signup and view all the answers

What are morals?

<p>Standards by which behaviors and character traits are judged as right or wrong.</p> Signup and view all the answers

What are principles?

<p>An individual's rules or laws of behavior that enable him/her to behave with integrity.</p> Signup and view all the answers

What does professionalism encompass?

<p>The behaviors and qualities that mark an individual as reliable, competent, trustworthy, and polished.</p> Signup and view all the answers

What are values?

<p>Beliefs about what is intrinsically worthwhile or desirable, rather than what is right or correct.</p> Signup and view all the answers

What do boundaries refer to?

<p>Borders or limits that separate people from their environment and from other people; personal comfort zones that enable a person to maintain a sense of comfort and safety.</p> Signup and view all the answers

What is goal setting?

<p>A plan to determine ahead of time what you expect to accomplish and how you can accomplish it.</p> Signup and view all the answers

What are attitudes?

<p>Feelings, disposition or expression of a positive or negative evaluation of people, objects, events, activities or ideas.</p> Signup and view all the answers

What are beliefs?

<p>Trust, faith or confidence in someone or something.</p> Signup and view all the answers

What is continuing education?

<p>Learning you pursue after you complete your formal education and training, often required by licensing boards.</p> Signup and view all the answers

What is a defense mechanism?

<p>Psychological strategy of relating to the world that is developed unconsciously to protect one from shame, anxiety, and other emotionally painful experiences.</p> Signup and view all the answers

What does it mean to delegate?

<p>To entrust an act or responsibility to someone else.</p> Signup and view all the answers

What are habits?

<p>An acquired behavior pattern(s) regularly followed until it is almost involuntary.</p> Signup and view all the answers

What are high priority activities?

<p>Activities that produce the majority of the results.</p> Signup and view all the answers

What is an inner critic?

<p>The negative internal voice.</p> Signup and view all the answers

What are key business indicators?

<p>A set of quantifiable measures that a person, company, or industry uses to gauge or compare performance.</p> Signup and view all the answers

What does logistics refer to?

<p>The management of day-to-day tasks associated with running a business.</p> Signup and view all the answers

What is marketing?

<p>Sharing information about yourself and your services with potential and current clients.</p> Signup and view all the answers

What is motivation?

<p>The reason(s) one has for acting or behaving in a particular way.</p> Signup and view all the answers

What is the Pareto Principle?

<p>The belief that 80% of one's results are produced by 20% of one's activities.</p> Signup and view all the answers

What is perception?

<p>The ability to see, hear or become aware of something through the senses.</p> Signup and view all the answers

What is procrastination?

<p>To put off intentionally and habitually.</p> Signup and view all the answers

What does reframing mean?

<p>Changing the conceptual and/or emotional viewpoint in relation to which a situation is experienced.</p> Signup and view all the answers

What is risk-taking?

<p>The act or fact of doing something that involves danger or potential loss in order to achieve a goal.</p> Signup and view all the answers

What is self-sabotage?

<p>Self-talk that undermines belief in ourselves and motivation to change and grow.</p> Signup and view all the answers

What are success markers?

<p>Accomplishments that mark action steps toward a goal.</p> Signup and view all the answers

Study Notes

Goal Setting and Planning

  • Goal: The aim or desired result that a person strives to achieve.
  • Priorities: The main focus areas in goal setting that determine allocation of effort and resources.
  • Purpose: The overarching direction guiding goal formulation.
  • SMARTER Goals: A framework for effective goal setting consisting of Specific, Measurable, Achievable, Realistic, Timelined, Enthusiastic, and Rewarding criteria.
  • Strategic Planning: A structured approach to envisioning a future and defining the steps to achieve certain long-term goals.
  • Goal Setting: A proactive method to outline expected achievements and the pathway to realize them.

Personal Development Concepts

  • Creative Visualization: A technique for envisioning success and achieving desired outcomes through the power of imagination.
  • Morals: Standards for judging behavior, distinguishing right from wrong.
  • Principles: Individual behavioral guidelines that ensure integrity and ethical conduct.
  • Values: Deeply held beliefs regarding what is worthwhile or desirable, beyond mere correctness.

Professional Skills and Ethics

  • Professionalism: The qualities that demonstrate reliability and competence in a professional context.
  • Boundaries: Personal limits that foster comfort and safety, separating oneself from external influences.

Behavioral Insights

  • Attitudes: Individual dispositions reflecting positive or negative evaluations toward various aspects of life.
  • Beliefs: The foundation of trust and confidence in oneself or in others.
  • Habits: Established behaviors performed almost automatically, impacting productivity and effectiveness.

Business Efficiency and Management

  • High Priority Activities: Tasks that yield the most significant results, aligned with the Pareto Principle (80/20 rule).
  • Key Business Indicators: Metrics employed by businesses to assess performance and reach strategic goals.
  • Logistics: The coordination of daily operations essential for smooth business functioning.
  • Marketing: The process of sharing personal or service-related information to attract and inform potential clients.

Psychological Aspects

  • Motivation: The underlying reasons driving individuals to behave in certain ways.
  • Procrastination: The tendency to delay tasks intentionally and repeatedly, often impacting productivity.
  • Self-Sabotage: Negative internal dialogue that diminishes self-belief and hinders personal growth.
  • Inner Critic: The voice within that expresses doubt, often leading to decreased motivation.

Adaptive Strategies

  • Defense Mechanism: Unconscious psychological strategies developed to manage emotional pain and anxiety.
  • Reframing: The technique of altering the perception of a situation to change its emotional impact, leading to a different understanding.

Risk and Success

  • Risk-Taking: Engaging in actions involving potential danger or loss to pursue a goal.
  • Success Markers: Milestones that indicate progress toward achieving set goals.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Description

Test your knowledge with these flashcards covering key terms from Chapters 1-4 of Business Mastery. Learn definitions and concepts like goals, priorities, purpose, and SMARTER goals. Perfect for students looking to enhance their understanding of business principles.

More Like This

Business Terminology Quiz
5 questions

Business Terminology Quiz

WellIntentionedCalcite avatar
WellIntentionedCalcite
Business and Financial Terminology
91 questions

Business and Financial Terminology

RevolutionarySmokyQuartz avatar
RevolutionarySmokyQuartz
Business Terminology Chapter 5 Quiz
30 questions
Use Quizgecko on...
Browser
Browser