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
QUESTION Successful entrepreneurs are willing to accept any challenge, regardless of the risk involved. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A portion of a company’s earnings paid to an owner of stock is called a(n) _______. a. bond b. dividend c. interest d. credit line ANSWER b
Date: September 3rd, 2020
QUESTION The mix of investments in a portfolio is called portfolio ________. a. liquidity b. risk c. dividend d. diversification ANSWER d
Date: September 3rd, 2020
QUESTION An inspirational leader can safely ignore the company’s vision and mission. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A leader who inspires and stimulates positive change in his or her followers is sometimes referred to as a transformational leader. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION When the cost of producing a particular item increases, producers will make less of that item. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Mutual funds are organizations that do all of the following EXCEPT ________. a. issue bonds to investors b. collect investors’ money c. pool investors’ money d. buy a variety of stocks and bonds ANSWER a
Date: September 3rd, 2020
