Podcast
Questions and Answers
What is the function that involves defining goals, establishing strategy, and developing plans to coordinate activities?
What is the function that involves defining goals, establishing strategy, and developing plans to coordinate activities?
Planning
What is the function that involves determining tasks, grouping tasks, and deciding who reports to whom?
What is the function that involves determining tasks, grouping tasks, and deciding who reports to whom?
Organizing
Which managerial role involves representing the company in social or civic functions?
Which managerial role involves representing the company in social or civic functions?
Figurehead
What function of management involves monitoring activities to ensure they are being accomplished as planned?
What function of management involves monitoring activities to ensure they are being accomplished as planned?
What is the role that involves motivating employees, directing others, and resolving conflicts?
What is the role that involves motivating employees, directing others, and resolving conflicts?
Which decisional role involves looking for opportunities and initiating projects for improvements?
Which decisional role involves looking for opportunities and initiating projects for improvements?
What is the role of a craftsman in the organization, according to the text?
What is the role of a craftsman in the organization, according to the text?
What are the management lessons from Apple mentioned in the text?
What are the management lessons from Apple mentioned in the text?
What is the role of a jungle fighter in the organization, according to the text?
What is the role of a jungle fighter in the organization, according to the text?
What is the goal of a conservative in the organization?
What is the goal of a conservative in the organization?
What are the types of managerial activities included in Traditional Management?
What are the types of managerial activities included in Traditional Management?
What are the three types of managers mentioned in the text?
What are the three types of managers mentioned in the text?
According to Likert, what are the two leadership styles mentioned in the text?
According to Likert, what are the two leadership styles mentioned in the text?
What are the three leadership styles mentioned in Lewin’s leadership model?
What are the three leadership styles mentioned in Lewin’s leadership model?
What are the components of Emotional Intelligence mentioned in the text?
What are the components of Emotional Intelligence mentioned in the text?
According to the Vroom-Jago Leadership Model, what are the four leadership styles?
According to the Vroom-Jago Leadership Model, what are the four leadership styles?
What does the Fiedler’s Contingency Leadership Model assume about group performance?
What does the Fiedler’s Contingency Leadership Model assume about group performance?
What is the main emphasis of Transactional Leadership?
What is the main emphasis of Transactional Leadership?
What is the difference between Management and Leadership according to the text?
What is the difference between Management and Leadership according to the text?
What are the two types of management styles mentioned in the P-oriented & M-oriented Leadership Style?
What are the two types of management styles mentioned in the P-oriented & M-oriented Leadership Style?
What is the Situational Leadership Theory's main assertion about leaders?
What is the Situational Leadership Theory's main assertion about leaders?
According to the Attribution Theory, what factors does the leader classify the causes of follower’s behavior as?
According to the Attribution Theory, what factors does the leader classify the causes of follower’s behavior as?
Define empowerment.
Define empowerment.
What is impression management?
What is impression management?
Name one impression management technique.
Name one impression management technique.
What are the two approaches to decision making mentioned in the text?
What are the two approaches to decision making mentioned in the text?
What are the two types of decision mentioned in the text?
What are the two types of decision mentioned in the text?
What are the three C's in decision making?
What are the three C's in decision making?
Name one creativity tool mentioned in the text.
Name one creativity tool mentioned in the text.
What are the three faces of power from McClelland mentioned in the text?
What are the three faces of power from McClelland mentioned in the text?
Name one form of power mentioned in the text.
Name one form of power mentioned in the text.
What are the three bases of power mentioned in the text?
What are the three bases of power mentioned in the text?
Name one characteristic of powerful people mentioned in the text.
Name one characteristic of powerful people mentioned in the text.
What is the Rational Model of Decision Making based on?
What is the Rational Model of Decision Making based on?
What are the main components of electronic commerce?
What are the main components of electronic commerce?
What is the difference between e-commerce and e-business?
What is the difference between e-commerce and e-business?
How is e-business using technology to improve business processes?
How is e-business using technology to improve business processes?
What are some examples of e-business processes that technology helps to improve?
What are some examples of e-business processes that technology helps to improve?
How is e-commerce changing business functional areas?
How is e-commerce changing business functional areas?
What are the key elements involved in e-commerce?
What are the key elements involved in e-commerce?
What is the main concept of the B2B model in e-commerce?
What is the main concept of the B2B model in e-commerce?
Explain the concept of B2C in e-commerce.
Explain the concept of B2C in e-commerce.
What is the purpose of Business-to-Employee (B2E) electronic commerce?
What is the purpose of Business-to-Employee (B2E) electronic commerce?
Name one example of person-to-person transactions facilitated by e-commerce.
Name one example of person-to-person transactions facilitated by e-commerce.
What are two pros of e-commerce according to the text?
What are two pros of e-commerce according to the text?
List two cons of e-commerce as stated in the text.
List two cons of e-commerce as stated in the text.
What is the percentage of stock availability on the internet, as mentioned in the text?
What is the percentage of stock availability on the internet, as mentioned in the text?
What are the types of businesses involved in B2B e-commerce?
What are the types of businesses involved in B2B e-commerce?
What is the main goal of the B2C model in e-commerce?
What is the main goal of the B2C model in e-commerce?
Explain the role of the Processing Network in e-commerce.
Explain the role of the Processing Network in e-commerce.
What are the main activities of e-business?
What are the main activities of e-business?
How does e-business enable cost-effective marketing?
How does e-business enable cost-effective marketing?
What are the advantages of flexible business hours in e-business?
What are the advantages of flexible business hours in e-business?
How does e-business eliminate geographic boundaries?
How does e-business eliminate geographic boundaries?
How does e-business reduce transaction costs?
How does e-business reduce transaction costs?
What are the disadvantages of e-business?
What are the disadvantages of e-business?
What is the e-business model that involves electronic transactions between businesses, such as manufacturers selling to distributors?
What is the e-business model that involves electronic transactions between businesses, such as manufacturers selling to distributors?
Which e-business model involves transactions between business organizations and consumers, and includes online catalog and database storage of product information?
Which e-business model involves transactions between business organizations and consumers, and includes online catalog and database storage of product information?
What is the main concern associated with setting up an e-commerce website?
What is the main concern associated with setting up an e-commerce website?
What is the role of the e-business model known as Consumer-to-Business (C2B)?
What is the role of the e-business model known as Consumer-to-Business (C2B)?
What are the four e-commerce models based on the parties involved in the transaction?
What are the four e-commerce models based on the parties involved in the transaction?
What are the e-business tools mentioned in the text?
What are the e-business tools mentioned in the text?
What is the main difference between the C2B and B2C models in ecommerce?
What is the main difference between the C2B and B2C models in ecommerce?
Give an example of a C2C model platform for online transactions.
Give an example of a C2C model platform for online transactions.
What is the main difference between E-commerce and E-business?
What is the main difference between E-commerce and E-business?
What is the main objective of a G2C (Government-to-Citizen) website?
What is the main objective of a G2C (Government-to-Citizen) website?
What is the main contribution of e-commerce to economic growth and development?
What is the main contribution of e-commerce to economic growth and development?
What are the key components of e-commerce?
What are the key components of e-commerce?
What is the main difference between e-commerce and e-business in terms of coverage?
What is the main difference between e-commerce and e-business in terms of coverage?
What is the main difference between e-commerce and e-business in terms of website requirements?
What is the main difference between e-commerce and e-business in terms of website requirements?
What is the main emphasis of the B2G (Business-to-Government) model?
What is the main emphasis of the B2G (Business-to-Government) model?
What is the main emphasis of the G2B (Government-to-Business) model?
What is the main emphasis of the G2B (Government-to-Business) model?
What are the main characteristics of e-commerce transactions?
What are the main characteristics of e-commerce transactions?
What is the difference between the contribution of e-commerce and e-business to economic growth?
What is the difference between the contribution of e-commerce and e-business to economic growth?
What is the nature of e-business?
What is the nature of e-business?
What are the four entities in an internet-enabled business?
What are the four entities in an internet-enabled business?
What are the reasons for using e-commerce?
What are the reasons for using e-commerce?
What were some key developments in the history of e-commerce?
What were some key developments in the history of e-commerce?
What is the process of e-commerce?
What is the process of e-commerce?
What is the scope of e-business?
What is the scope of e-business?
What is the definition of e-commerce and e-business?
What is the definition of e-commerce and e-business?
What are the entities involved in an internet-enabled business?
What are the entities involved in an internet-enabled business?
What are the advantages of using e-commerce?
What are the advantages of using e-commerce?
What were some key historical developments in e-commerce?
What were some key historical developments in e-commerce?
What is the process a consumer goes through in e-commerce?
What is the process a consumer goes through in e-commerce?
What does the scope of e-business encompass?
What does the scope of e-business encompass?
What are the key components of e-commerce?
What are the key components of e-commerce?
How is e-business using technology to improve business processes?
How is e-business using technology to improve business processes?
What is the main difference between e-commerce and e-business in terms of coverage?
What is the main difference between e-commerce and e-business in terms of coverage?
What are the main characteristics of e-commerce transactions?
What are the main characteristics of e-commerce transactions?
What were some key developments in the history of e-commerce?
What were some key developments in the history of e-commerce?
What is the role of the Processing Network in e-commerce?
What is the role of the Processing Network in e-commerce?
What are some examples of e-business tools mentioned in the text?
What are some examples of e-business tools mentioned in the text?
How does e-business enable cost-effective marketing?
How does e-business enable cost-effective marketing?
What are the advantages of flexible business hours in e-business?
What are the advantages of flexible business hours in e-business?
How does e-business eliminate geographic boundaries?
How does e-business eliminate geographic boundaries?
What are the disadvantages of e-business mentioned in the text?
What are the disadvantages of e-business mentioned in the text?
What are the four e-commerce models based on the parties involved in the transaction?
What are the four e-commerce models based on the parties involved in the transaction?
What is the main difference between e-commerce and e-business in terms of coverage?
What is the main difference between e-commerce and e-business in terms of coverage?
What is the main concept of the B2B model in e-commerce?
What is the main concept of the B2B model in e-commerce?
What is the function of management that involves defining goals, establishing strategy, and developing plans to coordinate activities?
What is the function of management that involves defining goals, establishing strategy, and developing plans to coordinate activities?
What are the e-business tools mentioned in the text?
What are the e-business tools mentioned in the text?
What is the main difference between e-commerce and e-business in terms of website requirements?
What is the main difference between e-commerce and e-business in terms of website requirements?
What are the reasons for using e-commerce mentioned in the text?
What are the reasons for using e-commerce mentioned in the text?
What is the acronym B2B in the context of e-commerce?
What is the acronym B2B in the context of e-commerce?
Explain the concept of B2C in e-commerce.
Explain the concept of B2C in e-commerce.
What is the purpose of Business-to-Employee (B2E) electronic commerce?
What is the purpose of Business-to-Employee (B2E) electronic commerce?
Name one example of person-to-person transactions facilitated by e-commerce.
Name one example of person-to-person transactions facilitated by e-commerce.
What are two pros of e-commerce as mentioned in the text?
What are two pros of e-commerce as mentioned in the text?
What are two cons of e-commerce as mentioned in the text?
What are two cons of e-commerce as mentioned in the text?
What is the percentage of stock availability on the internet, as mentioned in the text?
What is the percentage of stock availability on the internet, as mentioned in the text?
What is the main difference between e-commerce and e-business?
What is the main difference between e-commerce and e-business?
Explain the role of the Processing Network in e-commerce.
Explain the role of the Processing Network in e-commerce.
What is the main goal of the B2C model in e-commerce?
What is the main goal of the B2C model in e-commerce?
What is the main difference between Consumer-to-Business (C2B) and Business-to-Consumer (B2C) models?
What is the main difference between Consumer-to-Business (C2B) and Business-to-Consumer (B2C) models?
Give an example of a platform that operates on the Consumer-to-Consumer (C2C) model for online transactions.
Give an example of a platform that operates on the Consumer-to-Consumer (C2C) model for online transactions.
What is the main difference between e-commerce and e-business?
What is the main difference between e-commerce and e-business?
What is the main contribution of e-commerce to economic growth and development?
What is the main contribution of e-commerce to economic growth and development?
What is the main objective of a Government-to-Citizen (G2C) website?
What is the main objective of a Government-to-Citizen (G2C) website?
What are the main components of e-commerce?
What are the main components of e-commerce?
What is the main emphasis of the G2B (Government-to-Business) model?
What is the main emphasis of the G2B (Government-to-Business) model?
What is the main role of the e-business model known as Consumer-to-Business (C2B)?
What is the main role of the e-business model known as Consumer-to-Business (C2B)?
What are the main activities of e-business?
What are the main activities of e-business?
What is the main difference between e-commerce and e-business in terms of their approach and coverage?
What is the main difference between e-commerce and e-business in terms of their approach and coverage?
What is the main concern associated with setting up an e-commerce website?
What is the main concern associated with setting up an e-commerce website?
What are the main functions involved in the scope of E-business?
What are the main functions involved in the scope of E-business?
Define E-commerce and E-business based on their nature and activities.
Define E-commerce and E-business based on their nature and activities.
What are the four entities involved in an internet-enabled business?
What are the four entities involved in an internet-enabled business?
Explain the process of E-commerce from the consumer's perspective.
Explain the process of E-commerce from the consumer's perspective.
What are the advantages of using E-commerce?
What are the advantages of using E-commerce?
Briefly describe the history of E-commerce.
Briefly describe the history of E-commerce.
How does the internet facilitate the four entities involved in an internet-enabled business?
How does the internet facilitate the four entities involved in an internet-enabled business?
What are the key components of E-commerce?
What are the key components of E-commerce?
Why is E-commerce considered to have a significant impact on economic development?
Why is E-commerce considered to have a significant impact on economic development?
What is the main emphasis of the Business-to-Government (B2G) E-commerce model?
What is the main emphasis of the Business-to-Government (B2G) E-commerce model?
Explain how E-business and E-commerce differ in their scope and nature.
Explain how E-business and E-commerce differ in their scope and nature.
What are the main reasons for using E-commerce?
What are the main reasons for using E-commerce?
E-commerce only involves the buying and selling of physical products, not services or information.
E-commerce only involves the buying and selling of physical products, not services or information.
E-business is solely focused on internal processes like human resources and financial administration.
E-business is solely focused on internal processes like human resources and financial administration.
E-commerce does not involve electronic fund transfer or automated data collection.
E-commerce does not involve electronic fund transfer or automated data collection.
E-business primarily focuses on traditional paper-based transactions.
E-business primarily focuses on traditional paper-based transactions.
E-commerce and e-business are two distinct concepts with no overlap in their activities.
E-commerce and e-business are two distinct concepts with no overlap in their activities.
E-commerce and e-business are not impacting business functional areas or implementation tasks.
E-commerce and e-business are not impacting business functional areas or implementation tasks.
B2B stands for Business to Business and involves direct trade between the company and consumers.
B2B stands for Business to Business and involves direct trade between the company and consumers.
B2C model involves selling products online directly to consumers.
B2C model involves selling products online directly to consumers.
B2E electronic commerce allows companies to provide products and/or services to their employees.
B2E electronic commerce allows companies to provide products and/or services to their employees.
Person-to-person transactions are facilitated by C2C classifieds, auctions, and forums.
Person-to-person transactions are facilitated by C2C classifieds, auctions, and forums.
E-commerce eliminates the need for examining products personally.
E-commerce eliminates the need for examining products personally.
E-commerce provides easy access 12 hours a day.
E-commerce provides easy access 12 hours a day.
The possibility of credit card number theft is not a concern in e-commerce.
The possibility of credit card number theft is not a concern in e-commerce.
Ebay's auction service is an example of where person-to-person transactions take place everyday since 2005.
Ebay's auction service is an example of where person-to-person transactions take place everyday since 2005.
E-commerce enables cost-effective marketing through B2C model.
E-commerce enables cost-effective marketing through B2C model.
On average, only 1/9th of stock is available on the net.
On average, only 1/9th of stock is available on the net.
E-business can operate 24/7 due to the availability of the internet.
E-business can operate 24/7 due to the availability of the internet.
E-business reduces the cost per transaction due to the involvement of more manpower.
E-business reduces the cost per transaction due to the involvement of more manpower.
E-commerce websites deliver goods as quickly as physical stores.
E-commerce websites deliver goods as quickly as physical stores.
There are goods that cannot be purchased online, such as perishable items.
There are goods that cannot be purchased online, such as perishable items.
It is difficult to verify the authenticity of online stores due to the ease of setting up e-commerce websites.
It is difficult to verify the authenticity of online stores due to the ease of setting up e-commerce websites.
E-commerce websites always ensure secure handling of personal and financial information.
E-commerce websites always ensure secure handling of personal and financial information.
The B2B model in e-commerce involves transactions between businesses and consumers.
The B2B model in e-commerce involves transactions between businesses and consumers.
E-business eliminates geographic boundaries, allowing businesses to reach customers worldwide.
E-business eliminates geographic boundaries, allowing businesses to reach customers worldwide.
E-business significantly increases overhead costs compared to physical locations.
E-business significantly increases overhead costs compared to physical locations.
E-business lacks the personal touch often found in physical retail stores.
E-business lacks the personal touch often found in physical retail stores.
E-business contributes to cost-effective marketing through various online tactics such as email marketing and social media networking.
E-business contributes to cost-effective marketing through various online tactics such as email marketing and social media networking.
E-business allows for highly cost-effective marketing because it requires large financial investments.
E-business allows for highly cost-effective marketing because it requires large financial investments.
In the C2B model, the consumer is the buyer and the business organization is the seller.
In the C2B model, the consumer is the buyer and the business organization is the seller.
In the C2C model, a consumer sells directly to a business organization.
In the C2C model, a consumer sells directly to a business organization.
e-commerce and e-business are different in that e-commerce only involves monetary transactions, while e-business includes both monetary and non-monetary activities.
e-commerce and e-business are different in that e-commerce only involves monetary transactions, while e-business includes both monetary and non-monetary activities.
E-commerce requires a website, while e-business requires a website, CRM, and ERP for running the business over the internet.
E-commerce requires a website, while e-business requires a website, CRM, and ERP for running the business over the internet.
E-commerce uses the internet to connect with the rest of the world, while e-business uses the internet, intranet, and extranet for connecting with parties.
E-commerce uses the internet to connect with the rest of the world, while e-business uses the internet, intranet, and extranet for connecting with parties.
E-commerce is a major component of e-business.
E-commerce is a major component of e-business.
e-commerce includes transactions related to money, but e-business includes only internal processes.
e-commerce includes transactions related to money, but e-business includes only internal processes.
The main purpose of G2C (Government-to-Citizen) model websites is to support auctions of vehicles, machinery, or any other material.
The main purpose of G2C (Government-to-Citizen) model websites is to support auctions of vehicles, machinery, or any other material.
E-commerce refers to the trading of goods and products over the internet.
E-commerce refers to the trading of goods and products over the internet.
The C2C model involves transactions between businesses.
The C2C model involves transactions between businesses.
B2G (Business-to-Government) model websites are used by businesses to trade and exchange information with various government organizations.
B2G (Business-to-Government) model websites are used by businesses to trade and exchange information with various government organizations.
E-commerce plays an important role in enhancing the growth of several developed and developing economies over the 21st century.
E-commerce plays an important role in enhancing the growth of several developed and developing economies over the 21st century.
E-commerce and e-business have a significant impact on the growth of only developed nations, not on developing economies.
E-commerce and e-business have a significant impact on the growth of only developed nations, not on developing economies.
The value of e-commerce sales increased from $20 billion to nearly $300 billion from 1997 to 2000.
The value of e-commerce sales increased from $20 billion to nearly $300 billion from 1997 to 2000.
E-commerce is expected to grow at a slower rate compared to traditional sales.
E-commerce is expected to grow at a slower rate compared to traditional sales.
In 2000, e-commerce represented less than 80% of the worldwide e-commerce that took place in the United States.
In 2000, e-commerce represented less than 80% of the worldwide e-commerce that took place in the United States.
E-commerce accounts for 15% of the global gross domestic product (GDP) in large economic sectors such as communications, finance, and retail.
E-commerce accounts for 15% of the global gross domestic product (GDP) in large economic sectors such as communications, finance, and retail.
E-business involves only production, finance, and marketing functions carried out through computer networks.
E-business involves only production, finance, and marketing functions carried out through computer networks.
E-commerce involves only selling products and services by businesses over the Internet.
E-commerce involves only selling products and services by businesses over the Internet.
The internet provides low-cost data access for a limited number of people across the world.
The internet provides low-cost data access for a limited number of people across the world.
Internet is not involved in the bilateral exchange of information between two people.
Internet is not involved in the bilateral exchange of information between two people.
E-business mainly stands for non-internet enabled business.
E-business mainly stands for non-internet enabled business.
E-commerce constitutes only 50% of advertisement in traditional business models.
E-commerce constitutes only 50% of advertisement in traditional business models.
EFT was used by the banking industry to exchange account information over secured networks in the 1980s.
EFT was used by the banking industry to exchange account information over secured networks in the 1980s.
Flashcards
Planning
Planning
The management function that involves defining goals, establishing strategies, and developing plans to coordinate activities.
Organizing
Organizing
The management function that involves determining tasks, grouping tasks, and deciding who reports to whom.
Figurehead
Figurehead
A managerial role that involves representing the company in social or civic functions.
Controlling
Controlling
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Leader
Leader
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Entrepreneur
Entrepreneur
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Craftsman
Craftsman
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Jungle Fighter
Jungle Fighter
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Conservative
Conservative
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Traditional Management
Traditional Management
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First Line Management
First Line Management
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Middle Management
Middle Management
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Top Management
Top Management
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Job-centered Leadership
Job-centered Leadership
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Employee-centered Leadership
Employee-centered Leadership
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Autocratic Leadership
Autocratic Leadership
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Democratic Leadership
Democratic Leadership
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Laissez-faire Leadership
Laissez-faire Leadership
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Emotional Intelligence
Emotional Intelligence
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Autocratic Leadership Style
Autocratic Leadership Style
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Consultative Leadership Style
Consultative Leadership Style
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Group Leadership Style
Group Leadership Style
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Delegated Leadership Style
Delegated Leadership Style
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Fiedler's Contingency Leadership Model
Fiedler's Contingency Leadership Model
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Transactional Leadership
Transactional Leadership
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Management vs. Leadership
Management vs. Leadership
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P-oriented Leadership
P-oriented Leadership
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M-oriented Leadership
M-oriented Leadership
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Situational Leadership Theory
Situational Leadership Theory
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Attribution Theory
Attribution Theory
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Empowerment
Empowerment
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Impression Management
Impression Management
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Conformity
Conformity
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Inquiry Approach to Decision Making
Inquiry Approach to Decision Making
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Advocacy Approach to Decision Making
Advocacy Approach to Decision Making
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