QUESTION Emotional intelligence is about all of the following EXCEPT ________. a. ignoring disagreements b. being persuasive c. understanding others d. getting people to focus positively on their work ANSWER a
Date: September 3rd, 2020
QUESTION An organization’s structure is the A) arrangement of physical facilities including office buildings and manufacturing plants. B) formal configuration of people, which determines the allocation of duties, responsibilities, and authority. C) network of information technology platforms installed throughout the organization. D) wiring, plumbing, lighting, and other utility systems running throughout the organization’s facilities. […]
Date: September 3rd, 2020
QUESTION Lynn, with a new degree in culinary arts, planned to start a catering business. Her mother, a chef in a French restaurant, offered to lend her $50,000 in return for a 30% share in the business and partial ownership. In this case, her mother is a venture capitalist. Indicate whether the statement is true […]
Date: September 3rd, 2020
QUESTION A person who assumes the risks associated with organizing and managing a completely new business venture is called a(n) ________. a. innovator b. entrepreneur c. chief financial officer d. chief operating officer ANSWER b
Date: September 3rd, 2020
QUESTION Give an example of a time when you considered opportunity cost in making a decision. What will be an ideal response? ANSWER Student answers will vary. Examples in the text include using tax return money to deposit in a savings account instead of paying down credit card debt, eating a free lunch instead […]
Date: September 3rd, 2020
QUESTION An organization’s division of labor is the A) allocation of workers to roles based on gender, race, and ethnicity. B) physical separation of unionized and non-unionized workers. C) breakdown of different specialized roles that employees take on. D) assignments of job duties based on employees’ pay rates. ANSWER C
Date: September 3rd, 2020
QUESTION Business incubators provide support to entrepreneurial businesses, including shared office spaces and support staff. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION A set of skills that help people better communicate with themselves and the people around them is known as ________ intelligence. a. emotional b. introspection c. vision d. leadership ANSWER a
Date: September 3rd, 2020
QUESTION All of the following qualities of great leaders EXCEPT ________. a. intelligence b. innovation c. inspiration d. initiative ANSWER a
Date: September 3rd, 2020
QUESTION A business plan should not list the names of the management team to avoid corporate raiding of staff. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
