Exam 1: Management and Entrepreneurship

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Claude is teaching a new employee how to use the cash register.Claude is utilizing which of the following management roles?

(Multiple Choice)
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When a company offers a unique customer value before competitors do so,it's referred to as a first-mover advantage.

(True/False)
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Gillian has gone to great measures to make sure different types of people are represented in each group.Gillian is using which of the following management functions?

(Multiple Choice)
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Jane has stated the goals of her human resources department is to hire as many different types of people as possible.Which of the following management functions is Jane utilizing?

(Multiple Choice)
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A small business is defined as a company that is publicly owned and operated,with a small number of employees and relatively low volume of sales.

(True/False)
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There are __________ levels of management.

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A business plan is a written description of a new venture-its objectives and the steps for achieving them.

(True/False)
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What are a manager's resources?

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The three levels of management are:

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A general manager:

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Which of the following is the best example of being effective?

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List and explain the three management skills.

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Interpersonal skills are based on strong conceptual skills.

(True/False)
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Describe the three different types of managers.

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In training others,one is performing a __________ role.

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Knowledge management involves everyone in an organization in sharing knowledge and applying it to continuously improve products and processes.

(True/False)
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A manager is responsible for achieving organizational objectives through efficient and effective utilization of resources.

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The level of organizational performance is based on:

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__________ is the process of establishing and implementing mechanisms to ensure that objectives are achieved.

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What are the objectives of this book?

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