Exam 19: Professional Management and the Small Business

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Most very small firms use a single chain of command.

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Owner-managers of small businesses typically overdo the amount of planning.

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Leadership roles differ greatly, depending on the size of the business and its

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After identifying organizational structures of small businesses, explain how changing structures over time impact managerial responsibilities.

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LaToya, as the owner of a minority firm, should look to which organization first for assistance?

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Barry's expectation that employees will complete his requests immediately is typical of  ______ leaders.

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