Exam 16: Building a Team and Management Succession
Exam 1: The Foundations of Entrepreneurship117 Questions
Exam 2: Ethics and Social Responsibility: Doing the Right Thing106 Questions
Exam 3: Inside the Entrepreneurial Mind: From Ideas to Reality129 Questions
Exam 4: Conducting a Feasibility Analysis and Designing a Business Model112 Questions
Exam 5: Crafting a Business Plan and Building a Solid Strategic Plan115 Questions
Exam 6: Forms of Business Ownership and Buying an Existing Business126 Questions
Exam 7: Franchising and the Entrepreneur69 Questions
Exam 8: Building a Powerful Bootstrap Marketing Plan117 Questions
Exam 9: E-Commerce and the Entrepreneur142 Questions
Exam 10: Pricing and Credit Strategies114 Questions
Exam 11: Creating a Successful Financial Plan136 Questions
Exam 12: Managing Cash Flow138 Questions
Exam 13: Sources of Financing: Debt and Equity117 Questions
Exam 14: Choosing the Right Location and Layout114 Questions
Exam 15: Global Opportunities133 Questions
Exam 16: Building a Team and Management Succession119 Questions
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Which of the following statements about a company's culture is false?
(Multiple Choice)
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Company culture is the distinctive, unwritten code of conduct that governs the behavior, attitudes, relationships, and style of an organization.
(True/False)
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Which of the following is not a behavior typically exhibited by effective leaders?
(Multiple Choice)
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Develop a list of interview questions to help Wallace select the right person for the following jobs:
∙ Head chef
∙ Wait staff
∙ Dishwasher
∙ Host/Hostess
(Essay)
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The Equal Employment Opportunity Commission (EEOC) supplies employers with a list of questions it considers illegal in interviews.
(True/False)
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Small companies are least likely to make hiring mistakes because most owners have developed clearly defined job specifications and job descriptions.
(True/False)
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Which of the following types of questions should a business owner ask a candidate in a job interview?
(Multiple Choice)
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The practice known as servant leadership was coined by Robert Greenleaf and states that leaders are servants first and leaders second, putting their employees and their employees' needs ahead of their own.
(True/False)
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Small business owners should take the time to check every candidate's references.
(True/False)
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One of the best sources for prospects for new positions may come from ________.
(Multiple Choice)
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To give the interviewing process more consistency, a business owner should develop a series of core questions and ask them of every candidate.
(True/False)
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A leadership style in which a leader takes on the role of a servant first and the role of a leader second is referred to as a ________ leader.
(Multiple Choice)
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Effective interviewers ignore candidates' nonverbal clues (i.e., body language) in interviews because they know that most candidates are so nervous that their nonverbal communication is meaningless.
(True/False)
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Job enrichment increases the planning, decision-making, organizing, and controlling functions in a job.
(True/False)
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Posting job openings on the Internet has proven to be ________.
(Multiple Choice)
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The Dictionary of Occupational Titles, a listing of more than 20,000 job titles and descriptions, is a useful tool for getting a small business owner started when writing job descriptions.
(True/False)
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The ________, published by the Department of Labor, lists more than 20,000 job titles and descriptions and serves as a useful tool for getting a small business owner started when writing job descriptions.
(Multiple Choice)
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Type of job design that involves building motivators into a job by increasing the planning, decision-making, organizing, and controlling functions workers perform is ________.
(Multiple Choice)
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A ________ is the process by which a company determines the duties and the nature of the jobs to be filled and the skills and experience required of the people who are to fill them.
(Multiple Choice)
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