QUESTION When Arm & Hammer baking soda was repositioned as a deodorizer and carpet freshener, this was an example of a _________________ product life cycle. Fill in the blank(s) with correct word ANSWER circular
QUESTION If you are a director, but you try communicating by using facts to communicate your specific expectations, you are flexing toward a ________. a. detailer b. people-pleaser c. autocrat d. performer ANSWER a
QUESTION Describe a leader whom you know. What leadership qualities does this person have? What will be an ideal response? ANSWER Student answers will vary. Examples should include a focus on intuition and innovation and the ability to motivate, inspire, and influence the behaviors of other people.
QUESTION What is NOT an advantage of a partnership? a. There is automatic unlimited liability. b. There is more start-up money available. c. They are very flexible. d. There are shared resources. ANSWER a
QUESTION Erica chooses to purchase her winter coat from LL Bean because they offer her superior customer service. LL Bean is operating in a ________. a. monopoly b. monopolistic competition c. oligopoly d. perfect competition ANSWER b
QUESTION The visible manifestations of an organization’s culture include all of the following EXCEPT A) the mission statement. B) informal leaders’ identities. C) dress codes. D) annual reports. ANSWER B
QUESTION Jennifer Wyatt wanted to find new customers for her store. On her own, she decided to hand out fliers in the neighborhood. Which of the five Is is Jennifer demonstrating? What will be an ideal response? ANSWER Jennifer is showing initiative by stepping up to the challenge, acting independently, and taking control of […]
QUESTION Ryan and Kara have decided to start a landscaping business. One of the first things that they do is sign the ________, which describes the investments and their responsibilities and makes provisions for the allocations of profits and dissolution of the business.a. articles of in corporation b. partnership agreement c. partnership charter d. corporate […]
QUESTION Your grandfather just bought his eighth Dodge truck from the same dealer he has gone to over thirty years. He demonstrates brand ________. Fill in the blank(s) with correct word ANSWER loyalty
QUESTION In the product life cycle, the product is officially made available to the public in the ______. Fill in the blank(s) with correct word ANSWER introduction phase