QUESTION Like anything that grows and develops, the formation of a team occurs all at once. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Monopolistic competition is what happens in a monopoly. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A company should develop a new set of skills and strategies in each stage of the life cycle to remain competitive. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Vertical diversification ________. a. focuses your money on just one type of asset b. spreads your money between different types of assets c. involves owning assets that address different aspects of the same situation d. moves the value of your money only upward ANSWER b
Date: September 3rd, 2020
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 A major advantage of investing in mutual funds is that ________. a. the judgment of the fund managers may be wrong b. you pay fees to the money managers c. the fund managers do the hard work of research and diversification d. the fund managers ignore diversification ANSWER c
Date: September 3rd, 2020
QUESTION An example of perfect competition is the automobile industry. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A major disadvantage of investing in mutual funds is that ________. a. the judgment of the fund managers may be wrong b. the fund managers do the hard work of research and diversification c. if one investment fails, the losses should be balanced by gains among other investments d. there are no fees to […]
Date: September 3rd, 2020
