Question 1

Under the law administered by the Equal Employment Opportunity Commission (EEOC), before the point of hire you may not ask about what aspects of an applicant's life? ​

Accepted Answer

Religion or religious background; nation of origin; living arrangements or lifestyle choice; plans for pregnancy; age; criminal arrest record (But you may ask, "Have you ever been convicted of a crime?"); and military record. ​

Question 2

Enterprise zones are common locations for ____. ​

Accepted Answer

A)  manufacturing
B)  distributing
C)  retail
D)  wholesaling
E)  restaurants A

Question 3

When an entrepreneur specifies that rewards and bonuses be linked to profits and performance of both the individual and the company, a/an ____ is in place. ​

Accepted Answer

A)  annual bonus
B)  deferred compensation plan
C)  profit sharing plan
D)  common stock plan
E)  capital appreciation plan B

Question 4

____ outsource everything except their core-management function. ​

Accepted Answer

A)  Virtual organizations
B)  Most startups
C)  Regional organizations
D)  Manufacturing organizations
E)  None of these choices

Question 5

Stock issued to the first shareholders of the corporation or assigned to key management as part of a compensation package is ____. ​

Accepted Answer

A)  preferred stock
B)  founder's stock
C)  stock-vesting
D)  dilution
E)  profit sharing

Question 6

The number of shares authorized when a corporation is formed is purely arbitrary. ​

Accepted Answer

A) True 
 B)False

Question 7

A basic ownership interest in the company whereby holders share in both the successes and the failures of the business and benefit through dividends is ____. ​

Accepted Answer

A)  common stock
B)  founder's stock
C)  preferred stock
D)  retained earnings
E)  None of these choices

Question 8

The Family and Medical Leave Act provides for up to 12 weeks of paid leave for employees who are dealing with family issues. ​

Accepted Answer

A) True 
 B)False

Question 9

People in ____ networks tend to gravitate toward each other in an effort to accomplish tasks in a more efficient and effective manner than may be dictated by the organizational chart. ​

Accepted Answer

A)  virtual
B)  formal
C)  informal
D)  communication
E)  grapevine

Question 10

All of the following are alternatives to conventional facilities except ____. ​

Accepted Answer

A)  incubators
B)  shared space
C)  leasing a building
D)  temporary tenant agreements
E)  mobile locations

Question 11

Risk management is a set of policies and decision-making processes that reduce or eliminate risks associated with having employees. ​

Accepted Answer

A) True 
 B)False

Question 12

Distributed companies may use websites providing all of the following services except: ​

Accepted Answer

A)  Management
B)  Marketing
C)  Supply chain management
D)  Virtual meetings
E)  Distributed companies may use all of these choices

Question 13

Define company culture. Why is it important? ​

Accepted Answer

The answer of Define company culture. Why is it important?...

Question 14

Entrepreneurs must find the best organizational structure considering all of these factors except: ​

Accepted Answer

A)  Existing contextual factors
B)  Design factors
C)  Structural factors
D)  All of the above factors should be considered
E)  Only A and B should be considered

Question 15

Locating a site for a new business normally begins with identifying the ____ that seems best suited to the type of business being started. ​

Accepted Answer

A)  area of the country
B)  state
C)  community
D)  demographic
E)  None of these choices

Question 16

The economic base of a region or community is simply the major source of income for the area. ​

Accepted Answer

A) True 
 B)False

Question 17

Define risk management. ?

Accepted Answer

The answer of Define risk management. ?...

Question 18

____ is fundamentally the personality of the organization - the reflection of the company's vision and goals. ​

Accepted Answer

A)  Culture
B)  Process
C)  The founder
D)  Mission
E)  Organizational design

Question 19

Define virtual enterprise. ​

Accepted Answer

The answer of Define virtual enterprise. ​...

Question 20

Define incubators. ​

Accepted Answer

The answer of Define incubators. ​...

Exam 11: Designing an Entrepreneurial Organization

Under the law administered by the Equal Employment Opportunity Commission (EEOC), before the point of hire you may not ask about what aspects of an applicant's life? ​

Enterprise zones are common locations for ____. ​

When an entrepreneur specifies that rewards and bonuses be linked to profits and performance of both the individual and the company, a/an ____ is in place. ​

____ outsource everything except their core-management function. ​

Stock issued to the first shareholders of the corporation or assigned to key management as part of a compensation package is ____. ​

The number of shares authorized when a corporation is formed is purely arbitrary. ​

A basic ownership interest in the company whereby holders share in both the successes and the failures of the business and benefit through dividends is ____. ​

The Family and Medical Leave Act provides for up to 12 weeks of paid leave for employees who are dealing with family issues. ​

People in ____ networks tend to gravitate toward each other in an effort to accomplish tasks in a more efficient and effective manner than may be dictated by the organizational chart. ​

All of the following are alternatives to conventional facilities except ____. ​

Risk management is a set of policies and decision-making processes that reduce or eliminate risks associated with having employees. ​

Distributed companies may use websites providing all of the following services except: ​

Define company culture. Why is it important? ​

Entrepreneurs must find the best organizational structure considering all of these factors except: ​

Locating a site for a new business normally begins with identifying the ____ that seems best suited to the type of business being started. ​

The economic base of a region or community is simply the major source of income for the area. ​

Define risk management. ?

____ is fundamentally the personality of the organization - the reflection of the company's vision and goals. ​

Define virtual enterprise. ​

Define incubators. ​

Under the law administered by the Equal Employment Opportunity Commission (EEOC), before the point of hire you may not ask about what aspects of an applicant's life?

Enterprise zones are common locations for ____.

When an entrepreneur specifies that rewards and bonuses be linked to profits and performance of both the individual and the company, a/an ____ is in place.

____ outsource everything except their core-management function.

Stock issued to the first shareholders of the corporation or assigned to key management as part of a compensation package is ____.

The number of shares authorized when a corporation is formed is purely arbitrary.

A basic ownership interest in the company whereby holders share in both the successes and the failures of the business and benefit through dividends is ____.

The Family and Medical Leave Act provides for up to 12 weeks of paid leave for employees who are dealing with family issues.

People in ____ networks tend to gravitate toward each other in an effort to accomplish tasks in a more efficient and effective manner than may be dictated by the organizational chart.

All of the following are alternatives to conventional facilities except ____.

Risk management is a set of policies and decision-making processes that reduce or eliminate risks associated with having employees.

Distributed companies may use websites providing all of the following services except:

Define company culture. Why is it important?

Entrepreneurs must find the best organizational structure considering all of these factors except:

Locating a site for a new business normally begins with identifying the ____ that seems best suited to the type of business being started.

The economic base of a region or community is simply the major source of income for the area.

____ is fundamentally the personality of the organization - the reflection of the company's vision and goals.

Define virtual enterprise.

Define incubators.