QUESTION Change can often be unsettling for people because it means they have to________. a. work in a predictable environment b. learn about the unknown c. accept traditions d. choose safety over fear ANSWER b
Date: September 3rd, 2020
QUESTION When suppliers are selling all the goods they have produced and consumers are getting all the goods they demand, the ________ is achieved. a. equilibrium price b. ideal price c. ideal point d. equalizing point ANSWER a
Date: September 3rd, 2020
QUESTION What level of innovation extends past individual products and markets to transform society and create a new way of living? a. incremental b. disruptive c. revolutionary d. exponential ANSWER c
Date: September 3rd, 2020
QUESTION You work in a company that has only a few layers of management. The company has a _______ structure. A) flat B) round C) tall D) long ANSWER A
Date: September 3rd, 2020
QUESTION A transformational leader who leads others to seeing change as an opportunity in which they can thrive is ________. a. declaring victory too soon b. emphasizing managing over leading c. demonstrating integrity d. instilling confidence ANSWER d
Date: September 3rd, 2020
QUESTION When supply exceeds demand, a company has a(n) ________. a. excess b. surplus c. shortage d. scarcity ANSWER b
Date: September 3rd, 2020
QUESTION Brenda is a manager and has responsibility for many employees. She has a _______ span of control. A) short B) long C) narrow D) wide ANSWER D
Date: September 3rd, 2020
QUESTION When demand exceeds supply, there is a(n) ________ of that product. a. excess b. surplus c. shortage d. scarcity ANSWER c
Date: September 3rd, 2020
QUESTION A manager’s span of control determines A) how many decisions he or she makes. B) how many employees he or she oversees. C) how many promotions he or she gets. D) how many performance reviews he or she conducts annually per employee. ANSWER B
Date: September 3rd, 2020
QUESTION Apple’s iPhone made improvements on the cellular phone. This is an example of ________ innovation. a. incremental b. disruptive c. revolutionary d. exponential ANSWER a
Date: September 3rd, 2020
