89) Frank, the owner of a local furniture store that has been in business for 75 years, is retiring. He
is selling his store to a new venture capitalist with no roots in the community. As they sit down
over coffee at the local deli, what are some things that Frank should share with the new owner
about the success of his business?
A) Frank should share the organizational chart, as well as a list of local businesses not to partner
with.
B) Frank should share his list of interview questions for hiring new employees.
C) Frank should share the culture of the company through stories, rites, and rituals.
D) Frank should share his list of buyers and how he negotiated his prices.
E) Frank should share which community events he has already agreed to take part in over the next
three years.
90) Rick’s Cafe is a new restaurant in town. It has Rick, (the owner), five waitstaff, two cooks, a
busboy, and a hostess. He is considering hiring a manager for the restaurant and asks for your
thoughts. What advice would you give him?
A) Although the cafe is small, a middle manager would allow Rick to mingle more with the
customers.
B) The cafe is large enough in size that it needs a middle manager.
C) A manager would allow Rick to take time off for a vacation.
D) A manager would enable him to divide the labor but may also cause him to lose some authority.
E) The cafe is small enough in size that it can be maintained as a flat organization without a middle
manager.