QUESTION In the organization where you work, decision making and authority are spread down through the organizational chart. Your company has a _______ structure. A) decentralized B) centralized C) focused D) fragmented ANSWER A
Date: September 3rd, 2020
QUESTION An evaluation in which everyone around a leader rates the leader’s performance on a regular basis is called a(n) ________ evaluation. a. all-around b. 180° c. 360° d. super-thorough ANSWER c
Date: September 3rd, 2020
QUESTION What level of innovation involves a simple improvement in current products or services? a. incremental b. disruptive c. revolutionary d. exponential ANSWER a
Date: September 3rd, 2020
QUESTION In the company where you work, decision-making authority is in the hands of very few people. Your company has a ________ structure. A) centralized B) decentralized C) focused D) fragmented ANSWER A
Date: September 3rd, 2020
QUESTION A coffee shop chain states the following on its Web site: to inspire and nurture the human spirit—one person, one cup, and one neighborhood at a time. This is an example of a(n) ________ statement. a. innovation b. mission c. integrity d. vision ANSWER b
Date: September 3rd, 2020
QUESTION Name three types of investments that can make up a portfolio. What will be an ideal response? ANSWER (1) Stocks are a small slice of ownership in a company. (2) Bonds are a loan to a company and are more secure than stock. (3) Mutual funds are organizations that collect investors’ money, pool […]
Date: September 3rd, 2020
QUESTION You cannot make grape jelly without grapes. If the price of grapes increases, what happens to the supply curve for grape jelly? a. It will stay the same. b. It will shift to the right. c. It will shift to the left. d. It will shift to the right in the short term and […]
Date: September 3rd, 2020
QUESTION All of the following will help you become a better leader EXCEPT ________. a. evaluating yourself b. accepting that you were just not born with leadership qualities c. allowing others to evaluate you d. pursuing a mentoring relationship ANSWER b
Date: September 3rd, 2020
QUESTION Which of the following is NOT a goal of innovation? a. to earn a good reputation and cash in the marketplace b. to make a positive change in something so it increases in value c. to introduce customers to things they didn’t know they needed d. to revolutionize an industry ANSWER c
Date: September 3rd, 2020
QUESTION An organization’s hierarchy of authority is A) a diagram showing the governance bodies to whom the CEO reports. B) a list of the company’s top executives and their immediate direct reports. C) the organization’s official configuration of reporting relationships. D) the position the organization holds in its industry in terms of profitability. ANSWER […]
Date: September 3rd, 2020
