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 What is the ideal way to diversify? What will be an ideal response? ANSWER There is no one ideal way to diversify. The mix must be appropriate for a specific investor. In addition, the ideal portfolio diversification will change throughout an investor’s lifetime.
Date: September 3rd, 2020
QUESTION In the company where you work, decisions are made at the top and filter down to lower-level employees through the hierarchy of authority. Your company has a ______ structure. A) focused B) decentralized C) fragmented D) centralized ANSWER D
Date: September 3rd, 2020
QUESTION A document explaining where the company wants to go is a(n) ________ statement. a. vision b. mission c. financial d. introspection ANSWER a
Date: September 3rd, 2020
QUESTION Costume shops experience seasonal spikes in sales. What will happen to the demand curve for costumes during the Halloween season? 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 to the […]
Date: September 3rd, 2020
QUESTION Which is NOT one of the levels of innovation? a. incremental b. disruptive c. revolutionary d. exponential ANSWER d
Date: September 3rd, 2020
QUESTION Which of these will NOT shift the supply curve? a. changes in production costs b. changes in price expectations c. changes in customer preference d. changes in technology ANSWER c
Date: September 3rd, 2020
QUESTION Ani DiFranco is considered to be an entrepreneur because she ________. a. started her own record label b. writes anti-capitalist lyrics c. re-energized the Detroit area d. is successful ANSWER a
Date: September 3rd, 2020
