QUESTION When entrepreneurs perform SWOT analyses, they analyze the organization’s resources. They are identifying ________. a. strengths and weaknesses b. the triple bottom line c. opportunities and threats d. innovative ideas ANSWER a
Date: September 3rd, 2020
QUESTION ________ may be isolated from society and have fewer social connections, which can prevent these people from seeing the benefit of an innovation or change. a. Innovators b. Late Adopters c. Laggards d. Early Adopters ANSWER c
Date: September 3rd, 2020
QUESTION In a tall organization A) managers oversee relatively few employees. B) there is little room for advancement. C) there are few layers of management. D) managers tend to have a wide span of control. ANSWER A
Date: September 3rd, 2020
QUESTION Hygiene factors and motivators are elements of Maslow’s hierarchy of needs theory. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION When entrepreneurs perform a SWOT analyses, they analyze the environment. They are identifying ________. a. strengths and weaknesses b. the triple bottom line c. opportunities and threats d. innovative ideas ANSWER c
Date: September 3rd, 2020
QUESTION When fixed costs can be spread out over a large number of products, thereby reducing the costs per product, ________ are present. a. economies of scale b. fixed scales c. supply and demand d. invisible hands ANSWER a
Date: September 3rd, 2020
QUESTION Costs that remain constant and do not depend on the level of business being generated are called ________ costs. a. variable b. consistent c. economy d. fixed ANSWER d
Date: September 3rd, 2020
QUESTION One pitfall of change is ________. a. stifling complacency b. creating a vision statement c. performing as a team d. failing to build a substantial coalition ANSWER d
Date: September 3rd, 2020
QUESTION The best communicators are intuitive enough to understand the best ways to communicate with others. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Which of the following is NOT an advantage of a tall organizational structure? A) Managers can closely supervise their employees. B) Employees communicate easily, because they are on the same level. C) The role of employees at each layer in the organizational hierarchy is clearly defined. D) There are many opportunities for advancement, since […]
Date: September 3rd, 2020
