QUESTION The U.S. Department of Commerce considers a business “small” if it has fewer than ________ employees. a. 10 b. 50 c. 100 d. 500 ANSWER d
Date: September 3rd, 2020
QUESTION If you are a people-pleaser, but you try communicating by allowing the other person to talk, focusing on his or her needs, and being appreciative of that person’s strengths and contributions, you are flexing toward a ________. a. detailer b. director c. performer d. collaborator ANSWER c
Date: September 3rd, 2020
QUESTION James has been hired to fill a line position in an organization. This means that he will A) have executive responsibilities, such as formulating corporate-level strategy. B) take responsibility for designing the messages in marketing campaigns. C) support shared-services units such as human resources and legal. D) be directly involved in producing or selling […]
Date: September 3rd, 2020
QUESTION Cecilia is opening a flower shop and has decided to operate as a sole proprietorship. Her sister warned her about ________, which is the legal principle holding Cecilia responsible for paying off all the debts of the business. a. privity b. limited liability c. unlimited liability d. unrestricted debt ANSWER c
Date: September 3rd, 2020
QUESTION If you like to have all the facts before you make a decision, you are probably a ________. a. performer b. people-pleaser c. detailer d. director ANSWER c
Date: September 3rd, 2020
QUESTION ________ means identifying acceptable behavior or opportunities for improvement. a. Encouraging continuous learning b. Providing feedback c. Avoiding groupthink d. Delegating tasks ANSWER b
Date: September 3rd, 2020
QUESTION Describe the visualization process for a company that is preparing to introduce a new style of shoes. What questions will the company have to consider? What will be an ideal response? ANSWER A pair of shoes is a tangible good. The company must consider the form and function of the good. Here are […]
Date: September 3rd, 2020
QUESTION What form of business is owned and operated by a single person? a. sole proprietorship b. partnership c. limited partnership d. corporation ANSWER a
Date: September 3rd, 2020
QUESTION Shawna has a staff position in an organization. This means that she A) has executive responsibilities, such as formulating corporate-level strategy. B) supports people in line positions. C) is directly involved in producing or selling a product. D) is part of the unionized workforce. ANSWER B
Date: September 3rd, 2020
QUESTION Hometown Waterworks is a company that provides water to consumers and serves as a water distribution monopoly. Why is the company permitted to operate as a monopoly? a. Hometown Waterworks pays taxes annually. b. Hometown Waterworks campaigns to promote water conservation in the surrounding areas. c. Hometown Waterworks has complete control over the water […]
Date: September 3rd, 2020
