QUESTION Amazon.com’s Kindle, a wireless reading device, is an example of a disruptive innovation. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Businesses operating in monopolistic competition often use a brand name so that customers perceive significant differences in two similar products. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Groupthink is the tendency for a team to want to conform in an effort to minimize conflict. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Innovators may not be as distrustful of change compared to late adopters, but they still avoid risk. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Entrepreneurs need to address the problems of the present and must be able to let go of any need for a ten-year plan. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Leaders need only to create a vision without also communicating it throughout the organization. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Entrepreneurship requires an innovative spirit. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION In a monopoly, there is only one provider for a product or service and there are no substitutes. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION The only people in an organization who need to be motivated and inspired by a vision statement are the top managers. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A ________ market happens when the stock market rises for an extended period of time. a. cow b. bear c. bird d. bull ANSWER d
Date: September 3rd, 2020
