Exam 1: Management and Entrepreneurship

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An important part of __________ is staffing.

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What is a new venture,and who starts it?

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Which of the following is an example of a managerial decisional role?

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Which of the following statements is TRUE regarding the primary management skills needed by top-level managers?

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The four management functions are:

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The four management functions are planning,organizing,leading,and controlling.

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Sam Glass is the president of M Mart,and he has decided M Mart should expand globally to countries all over the world.Sam is at what level of management?

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How do you define small business?

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Which of the following sections of a business plan is commonly presented first,though it is usually written after the rest of the business plan has been completed?

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All of the following are manager's resources EXCEPT:

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Why is it important to take this course in management?

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General,functional,and project managers perform basically the same tasks.

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A manager needs technical,interpersonal,and decision-making skills.

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Nearly half of new venture ideas stem from previous work experience.

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Bright Co.is now in the process of analyzing how well each employee understood the concepts in their diversity program.Bright Co.is currently performing which of the following management functions?

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Are you interested in being an entrepreneur?

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__________ commonly start a new line of business within a large organization.

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All three levels of management use all three management skills to some degree.

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__________ skills involve the ability to use methods and techniques to perform a task.

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The management function of __________ involves establishing and implementing mechanisms to ensure that objectives are achieved.

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