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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A job analysis describes what the job is, what its duties and responsibilities are, and what work conditions are involved.
(True/False)
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In job enrichment, ________ is the degree to which a job requires a variety of different skills, talents, and activities from the worker.
(Multiple Choice)
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Growth requires changes in a company's management style, organizational strategy, and methods of operations.
(True/False)
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Mini-Case 16-4: Plumbers Don't Want Recognition
"If I ever went out to those guys and asked them if they wanted a little more recognition, they would laugh me out of the shop. People work for money." Norm Schultz had been a plumber himself for 18 years before he saved enough money to open a small plumbing contractor business. The men who worked for Norm knew what was expected of them - a fair day's work for a fair day's pay. "You don't need to tell a person that he or she is doing a good job; the person is either doing the work or not working for me!"
Norm's son-in-law was taking a management course at a local college. When Norm asked him what he was learning in class, he told him the management of people. Norm was very emphatic about managing the plumbers who worked for him. "Tell an employee what you expect from the beginning. Watch to see if they perform the job properly. Treat your people fairly and never cheat them." Norm went on to tell his son-in-law that this was the way good managers did things. "Recognition won't put bread on the table."
-Is Norm Schultz correct in his attitude about workers not wanting recognition?
(Essay)
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Business owners must recognize that what they do before they start interviewing candidates for a position determines to a great extent how successful they will be in the hiring process.
(True/False)
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Effective leaders make sure that workers have both the tangible and the intangible resources they need to do their jobs well.
(True/False)
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The job ________ design strategy involves building motivators into a job by increasing the planning, decision-making, organizing, and controlling functions workers perform.
(Multiple Choice)
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Every new employee a business owner hires determines the heights to which the company can climb or the depths to which it will plunge.
(True/False)
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Effective interviewers spend about ________ percent of the interview talking and ________ percent listening.
(Multiple Choice)
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Which of the following techniques would you not recommend to a company desiring a stronger recruiting strategy?
(Multiple Choice)
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________ is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it.
(Multiple Choice)
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The job specification outlines the duties and responsibilities of a job and its working conditions, while the job description outlines the characteristics (skills, education, experience) a person needs to fill a job.
(True/False)
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Arturo, a sales representative for a small manufacturer, works out of an office in his home, using his laptop computer, a fax machine, and a beeper to communicate with the home office, which is located in a city 58 miles away. Arturo actually goes to the main office, on average, once every 10 to 14 days. His company is using which work arrangement?
(Multiple Choice)
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If a job candidate files charges of employment discrimination against a company, the burden of proof in the case falls on ________.
(Multiple Choice)
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A job description sets forth a job's duties and responsibilities; a job specification translates these duties into the qualifications needed for that job.
(True/False)
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An arrangement under which employees work a normal number of hours with options regarding when they start and stop work is ________.
(Multiple Choice)
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Luisa, the director of human resources, is discussing the duties and responsibilities of a new position and its working conditions with Delmar, the supervisor of the position. Luisa and Delmar are discussing a ________.
(Multiple Choice)
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According to a survey by CareerBuilders, almost ________ of candidates either exaggerated or falsified information about their previous employment on their resumes.
(Multiple Choice)
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The most effective job interviews are unplanned, unstructured interactions between the small business owner and the job applicant.
(True/False)
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