Exam 10: Human Resource Management
Exam 9: Establishing the Legal Foundation36 Questions
Exam 8: Financial Analysis40 Questions
Exam 7: Financing and Accounting33 Questions
Exam 6: Analyzing Cash Flow and Other Financial Information37 Questions
Exam 5: Business Mission and Strategy21 Questions
Exam 4: External Analysis20 Questions
Exam 3: Business Idea Generation and Initial Evaluation32 Questions
Exam 2: Individual Leadership and Entrepreneurial Start-Ups33 Questions
Exam 14: Franchising and Purchasing an Existing Business25 Questions
Exam 13: Exit/Harvest/Turnaround21 Questions
Exam 12: Establishing Operations24 Questions
Exam 11: Marketing35 Questions
Exam 10: Human Resource Management23 Questions
Exam 1: The 21st Century Entrepreneur19 Questions
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The owners in the Friend's Home Health case study felt firing employees would send a message to the remaining employees.
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(True/False)
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Correct Answer:
True
A(n) _________ is a set amount of money for a given time period.
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(Short Answer)
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salary
When making a hiring decision, a business owner needs to consider the skills that are required not only today but also in the near future.
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(True/False)
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Correct Answer:
False
In the Flow Right Brewery case study, Chris had difficulty hiring family members.
(True/False)
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A _________ system is offered to employees based on their performance.
(Short Answer)
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All of the following are functions of human resource managers EXCEPT:
(Multiple Choice)
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In the Friend's Home Health case study, the founders required all employees to call into the central office system at the start of work.
(True/False)
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The Equal Labor Standards Act establishes the minimum wage for workers.
(True/False)
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What are the topics an interviewer CANNOT ask in an interview?
(Short Answer)
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The Civil Rights Act applies to all firms having how many employees?
(Multiple Choice)
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A bonus system is not well defined by companies when the level of reward is left to the discretion of the owner.
(True/False)
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In a small business, the owner can hire the ideal person and still have problems.
(True/False)
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According to the book, which of the following is a good characteristic of an advertisement used to recruit job applicants?
(Multiple Choice)
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One method of job interviewing is for an applicant to job shadow an employee of the company.
(True/False)
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Human resource management is defined as the quantity of human effort directed toward producing goods and services.
(True/False)
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All of these are reasons why small business owners do not write job descriptions EXCEPT:
(Multiple Choice)
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