1.Which statement BEST describes why a succes

1.Which statement BEST describes why a succes

1.Which statement BEST describes why a successful entrepreneur needs to be flexible? a. Starting a new business often leads to envy in the wider business community.b. People with whom entrepreneurs work are often opinionated and rigid.c. Entrepreneurial ventures involve risky situations and unexpected events.d. Initial business revenues tend to be low and may remain low for several years.2. If you are planning to start a new business, how long should you realistically expect it to take for your business to earn a profit? a. six to twelve months b. one to two years c. three to five years d. more than five years 3. Globalization is recognized by all as a force for good in the U.S. economy. a. false b. true 4. Almost all businesses are organized the same way, in a vertical, hierarchical structure.a. false b. true 1. Mary Beth is opening her own day care center. She plans to offer her employees flexible schedules, free child care, and free memberships to the local fitness center in hopes of keeping them motivated and relaxed. Mary Beth is offering work/life benefits to her employees.a. false b. true 2.Once long-term goals and objectives have been determined, middle management generates .a. strategic plans b. short-term targets c. tactical plans d. resource evaluations 3. Corporate social responsibility is mainly concerned with how a company affects the .a. family b. investor c. community d. vendors 4. According to the Hawthorne effect, .a. workers will be more productive when the physical influences on the workplace suit them b. workers will be more productive when the psychological influences on the workplace suit them c. workers will be more productive when they know they are being studied d. workers will be less productive when they know they are being studied 1. A free trade area is a compact abolishing trade barriers among member countries.Answer a. false b. true 2. Isabella has been assigned a job in a completely new division and is unsure of what the future holds for her and her career. Isabella was surprised that the companys newest hire was named division head. She feels this promotion was unfair and that others deserved it more. Isabella is beginning to feel so dissatisfied with the new situation that she completes less and less work each day. The motivational theory that attempts to understand Isabellas situation is .Answer a. sociocracy management theory b. Theory X management theory c. Theory Z management theory d. uncertainty management theory 3. Of the following four reasons why new small businesses may fail, which is the MOST common? a. not enough revenue b. too much debt c. poor planning d. inexperienced management 4. According to Mass low, which need are people striving to satisfy when they seek to maximize their own potential? a. esteem b. physiological c. self-actualization d. safety1. Limited liability companies are unable to offer stock options or stock bonus incentives to their employees because . a. benefits such as these are too costly for these types of startup companies b. extra profits are reinvested into the company, not into company stocks c. limited liability companies do not have shareholders or stock d. approval of stock benefits is difficult due to the number of members 2. A(n) occurs when there are many buyers and sellers and little differentiation between products, but perceived differences between products among consumers.a. monopolistic competition b. monopoly c. oligopoly d. perfect competition 3.An American businessperson who demonstrates sensitivity to and appreciation for Chilean culture possesses . a. cross-cultural detachment b. cross-cultural awareness c. ethnocentrism d. cultural intervention 4. Kyle has just accepted a job as an accountant for a large firm. He is deaf, so his employer is expected to accommodate Kyles needs with some modified telephone equipment. These reasonable accommodations are legislated under the . a. Civil Rights Act of 1964 b. Americans with Disabilities Act c. Age Discrimination in Employment Act d. Discrimination Act of 1999 Question 1 Sexual harassment policies and laws spell out the consequences for violation of the rules. What kind of reinforcement procedure is this?A. AvoidanceB. ExtinctionC. Positive reinforcementD. PunishmentQuestion 2 Which of the following reinforcement schedules offers a worker the least incentive to do good work?A. Fixed-intervalB. Fixed-ratioC. Variable-intervalD. Variable-ratioQuestion 3 If a credit-card company that hires telemarketers to call prospective customers to try to sell them on a new credit card gives these telemarketers a $2.00 bonus for every fourth application the company receives from their phone solicitation this is an example of which type of reinforcement schedule?A. Fixed-ratioB. Fixed-intervalC. Variable-intervalD. Variable-ratioQuestion 4 Which of the following programs applies the concepts of reinforcement theory?A. Modified workweekB. Work redesignC. Behavior modificationD. Attribution theory


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