Page 719 - Introduction to Business
P. 719

SUBJECT INDEX    I-15


                 Salary, 201–202                     ethnic and immigrant, 138–139   Steel industry, 62
                 Sales branches, 359                 explanation of, 128–129         Stock options
                 Sales offices, 359                  for family businesses, 149–150    aligning financial interests and, 106–107,
                 Sales promotion                     globalization and, 132, 133            444–445
                  explanation of, 341–342, 345–346   going public vs. staying private and,  employee, 204–205
                  types of, 346–349                      150–151                       explanation of, 144
                 Samples, 347                        government support of, 134–135  Stock organizations, 507
                 Sarbanes-Oxley Act, 110–111, 119–121, 390,  hiring employees and, 147–148  Stock price, 144
                     430, 460                        in home, 132                    Stocks
                 Savings and loan associations, 504  importance of, 129                classes of, 100
                 Scheduling, 580, 581                initial production and sales for, 142  common, 100, 144, 444, 543
                 Scientific management, 231, 235, 562  invention and innovation in, 130–132  growth, 542
                 S corporations, 98, 144–145         job opportunities in, 132         income, 542
                 Screening, new product, 319         risk control in, 151–153          rate of return on, 462
                 Search engine, 617–618              seed money for, 141–142           restricted, 107
                 Seasonal demand, 573                women in, 137–138                 retirement and investment in, 508
                 Seasoned issues, 456              Small business organizations        value, 542–543
                 SEC Act of 1934, 111                corporations as, 143–145        Storage, 365–366
                 Secondary drives, 230               franchises as, 145–147          Stored value cards, 490
                 Secondary market, 481               partnerships as, 143            Stores, 360–361
                 Secondary storage, 593              sole proprietorships as, 142–143  Straight rebuy, 282
                 Secured creditors, 454            Small-order problem, 365          Strategic alliances, 80, 296
                 Securities Exchange Act of 1934, 397  Social class structure, 281   Strategic goals, 165
                 Securities firms, 502             Social security, 508, 509, 546    Strategic planning, 167–168
                 Security issues, 367, 426, 632    Societal responsibility model of business gov-  Strategic risk, 482
                 Selection, employee, 200–201           ernance, 116–117             Strategies, business plan, 139–140
                 Self-actualization, 236           Sociological factors, of consumer markets,  Strategy formulation, 165–166
                 Self-concept, 280                      280–281                      Strategy implementation, 166–167
                 Self-managing teams, 252          Software                          Structured interviews, 200
                 Selling agents, 359                 digital wallet, 631             Subcontract, 573
                 Seniority, 202                      enterprise resource planning systems  Subcultures, 280
                 Sensitivity analysis, 602               vendors, 621–623            Subjective evaluation methods, 206–207
                 Separation of ownership and control, 103  explanation of, 595       Subsidiaries, international, 85
                 September 11 terrorist attacks, 220, 367  for management information systems,  Succession planning, 168–169
                 Servant leadership, 255                 595–597                     Summit of the Americas, 75
                 Servers, 618                        for personal financial planning, 532–533  Supercomputers, 594
                 Service industry careers, 87        telecommunications, 599–600     Supermarkets, 360
                 Services                          Sole proprietorships              Suppliers, 114, 577
                  demand for, 25–27                  explanation of, 97, 142–143     Supply, 11–12
                  operations management and, 559–560  woman-operated, 138            Supply chain management
                  operations management careers in, 584  Southern Cone Common Market (Mercosur),  careers in, 634–635
                  production of, 19–20                  75                             economic impact of, 627
                 Service system, 557               Soviet Union. See Former Soviet Union coun-  example of, 629
                 Setup costs, 577                       tries                          explanation of, 370, 625–626
                 Shareholder model of business governance  Span of control, 178–179    global, 630
                  explanation of, 102–103          Specialization of labor, 6          strategies for, 627–628
                  separation of ownership and control and  Specialty stores, 361     Supply chains, 37
                       potential conflicts of interest and,  Sponsoring, 348         Supply curve, 12
                       103–112                     Stable currency, 53               Supravoting shares, 100
                 Shareholder proposal process, 108–109  Staff authority, 179         Surplus, 12
                 Shareholders                      Stakeholder companies, 22–24      Survival objectives, 329
                  rights of, 144                   Stakeholder model of business governance  Sustainable competitive advantage (SCA), 295
                  stakeholder model of business governance  business and local communities and,  Sweepstakes, 348
                       and, 116                          112–114                     System analysts, 609–610
                 Shareholder wealth, 22              creditors and, 114              Systematic risk, 465
                 Share of wallet, 292                customers and, 115              Systems analysis, 604
                 Sherman Antitrust Act, 287          distributors and, 114–115       Systems controls, 608
                 Shortage, 12                        employees and, 115–116          Systems design, 604–605
                 Short-swing profits liability, 111–112  explanation of, 112         System software, 595
                 Silicon Valley, 3–4                 shareholders and, 116           System specifications, 605
                 Simulated test markets, 324         suppliers and, 114              System testing, 605
                 Single market, 68                 Standardization strategy, 314
                 Single-premium life insurance, 536  Standard of deferred payment, 487
                 Situational leadership model, 256  Star Alliance system, 80         Tactical plans, 166–167
                 Six sigma initiatives, 182–183    Star network, 599                 Taft-Hartley Act, 212, 213
                 Skill-based pay, 203              Stated interest rate, 447         Takeover bids, 103–104
                 Skills inventories, 198           State enterprises, 17, 18, 24     Tangibles, of service, 582
                 Skunk works, 323                  Statement of cash flows, 414–415  Target group, 27
                 Small businesses. See also Entrepreneurs  Statement of financial position. See Balance  Tariffs, 15, 62
                  business plans for, 139–142           sheet                        Tax Court, 547
                  careers in, 154                  Statement of retained earnings, 411  Taxes
                  causes of failure in, 153, 154   Statements of Financial Accounting  corporate, 98, 144
                  creating value for, 142               Standards (SFAS), 381          responsibility to pay, 548
                  creative destruction and, 129–130  Statements on Auditing Standards, 396, 398  role of, 53–54
                  ethical issues in, 148–149       State regulations, 217–218        Tax planning, personal, 547


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