• There is no age limit to start a business on the internet.

• At first only the Military used computers.

Page 130

• All items bought and shipped online have shipping charges added to the total cost, either rolled into the overall price or added during checkout.

Page 135

New products, new industry, and new jobs are created when change occurs in technology.

Page 129

Buying goods out of season is a good way to save money.

• What invention revolutionized farming.

Page 129

• What technology, first used by the military, revolutionized business?

Page 130

• The publishing industry has been greatly influenced by this way of doing business that digitally links the steps in a process called?

Page 131

• Silicon Valley and Silicon Alley are what types of industrial centers?

Page 131

• The following are example of an Internet job service.

1)Careerbuilder.com2)Monster.com3)Job-Hunt.org

• Being a manager is not the same as being a leader.

• People have more confidence in a leader who is willing to make mistakes and learn from them.

• If you are confident in your employees, you should delegate responsibility.

• In a self-managed team, the leader is a team player rather than a boss.

• Someone with initiative never waits to be told what to do.

• If someone is lacking vision they could be a good manager, but not a good leader!

• Decisiveness is required to be a confident leader.

• The following are styles of leadership.

Page 117,118,119

• The following are advantage of self-managed teams.

1) faster and more efficient2)can solve own problems3)more goal-oriented than task-

oriented

• What is the most highly-valued quality in a leader, means holding to principles like honesty, loyalty, and fairness.

Page 116

• To be a good leader, you need to be a good listener in order to understand employees better and get them more involved in your vision.

• In self-managed teams the role of the manager is replaced by the role of the team leader.

• A click-and-mortar company, like Amazon.com, is an e-tail company, an electronic retailer.

• JCPenney is considered a multi-channel retailer because it sells products in stores, by mail, and online.

• Technology refers to the tools and machines people have invented to make life easier.

• Thanks to technology, a library’s entire catalog and sets of encyclopedias may be available in digital form.

• The Internet has created a demand for new jobs such as software writers and Web-page designers.

Know the definitions of the following:

• leadership Page 114

• initiative Page 115

• human relations Page 115

• Integrity Page 116

• autocratic leadership Page 117

• democratic lead Page 119

Know the definitions of the following:

• free-rein leadership Page 119

• Delegating Page 119

• self-managed teams Page120

Know the definitions of the following:

e-workforce Page 131

digital workflow Page 131

start-ups Page 132

e-commerce Page 133

e-tail Page 133

multi-channel retailer Page 133

• bricks-and-mortar Page 133

• clicks-and-mortar Page 133

• e-ticket Page 135

Know the definitions of the following:

Go home and study!!!!