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 Horizontal diversification ________. a. keeps the value of your money level b. involves owning assets that address different aspects of the same situation c. spreads your money between different types of assets d. focuses your money on just one type of asset ANSWER b
Date: September 3rd, 2020
QUESTION Short-term wins have no effect on keeping people motivated Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION An oligopoly is a form of competition in which only a few businesses make up an industry. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Although a certificate of deposit (CD) provides a ________ rate of return than a savings account, the CD is ________ liquid than the savings account. a. lower; less b. lower; more c. higher; less d. higher; more ANSWER c
Date: September 3rd, 2020
QUESTION As the price of a product rises, the quantity of the product supplied falls. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION It is nice, but not important that an organization’s vision aligns with the owners’ goals and beliefs. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION People follow leaders because they tend to exhibit qualities that draw others to trust and follow them. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
