QUESTION As a production supervisor, Hidemi spends much of his time looking at how production is organized and thinking of ways to innovate and improve. He holds strategy sessions with his team leaders to describe his intuitive vision for the future and the opportunities that he sees coming. Is Hidemi a manager or a leader? […]
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
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
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 […]
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
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
QUESTION ________ means identifying acceptable behavior or opportunities for improvement. a. Encouraging continuous learning b. Providing feedback c. Avoiding groupthink d. Delegating tasks ANSWER b
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 […]
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
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
