Archives: Quiz

Chapter 08 1 The focus of a small company’s marketing plan should be on

Chapter 08 1 The focus of a small company’s marketing plan should be on

Copyright © 2014 Pearson Education, Inc. Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 8 Building a Powerful Marketing Plan 1) ________ is the process of creating and delivering desired goods and services to customers and involves all […]

9 Pages | April 8, 2022
Management Chapter 10 6 John Dropped Out School After The

Management Chapter 10 6 John Dropped Out School After The

227. John dropped out of school after the ninth grade and now must support himself though he has few skills. He is a part-time employee at a small retailer earning the minimum wage. John would like to earn more, but […]

14 Pages | April 8, 2022
Chapter 07 2 The practice of taking money from sales without reporting it as income is called sliding

Chapter 07 2 The practice of taking money from sales without reporting it as income is called sliding

Copyright © 2014 Pearson Education, Inc. 83) Ralph buys a software business from Waldo in Columbus, Ohio. As part of the deal, Waldo signs a covenant not to compete by opening another software business anywhere in Ohio for the rest […]

13 Pages | April 8, 2022
Management Chapter 10 5 Frank And Lillian Gilbreth Thought That

Management Chapter 10 5 Frank And Lillian Gilbreth Thought That

196. Frank and Lillian Gilbreth thought that every job could be broken down into a series of elementary motions that they called: A. therbligs. B. elementary steps. C. micromotions. D. lillifranks. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning […]

14 Pages | April 8, 2022
Chapter 07 1 The due diligence process of analyzing and evaluating an existing business

Chapter 07 1 The due diligence process of analyzing and evaluating an existing business

Copyright © 2014 Pearson Education, Inc. Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 7 Buying an Existing Business 1) The due diligence process of analyzing and evaluating an existing business: A) may be just as time consuming […]

13 Pages | April 8, 2022
Management Chapter 10 4 Blast off com Web based Auction Headquartered Upstate New

Management Chapter 10 4 Blast off com Web based Auction Headquartered Upstate New

151. Managers who believe job enrichment can effectively improve motivation would try to give employees a significant degree of freedom and flexibility in scheduling their work and in determining the procedures they use. TRUE Advocates of job enrichment identify five […]

14 Pages | April 8, 2022
Chapter 06 1 Which of the following is not a potential disadvantage of a franchise

Chapter 06 1 Which of the following is not a potential disadvantage of a franchise

Answer: C Diff: 3 Page Ref: 195 AACSB: Analytic Skills Learning Obj.: 1 Copyright © 2014 Pearson Education, Inc. 1 Answer: C Diff: 3 Page Ref: 196-197 AACSB: Analytic Skills Learning Obj.: 1 Essentials of Entrepreneurship & Small Business Mgmt., […]

12 Pages | April 8, 2022
Management Chapter 10 3 Liv well Biotechnology Company Has Four Locations

Management Chapter 10 3 Liv well Biotechnology Company Has Four Locations

103. According to reinforcement theory, individuals act to receive rewards and to avoid punishment. TRUE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning Objective: 10-06 Explain the key principles of goal-setting; expectancy; reinforcement; and equity theories. Level of Difficulty: […]

14 Pages | April 8, 2022
Chapter 05 2 The partnership, like the proprietorship, avoids the disadvantage of double taxation.

Chapter 05 2 The partnership, like the proprietorship, avoids the disadvantage of double taxation.

Copyright © 2014 Pearson Education, Inc. 56) There is no limit to the number of general partners a partnership may have, but it must have at least one general partner. Answer: TRUE Diff: 2 Page Ref: 173 AACSB: Analytic Skills […]

9 Pages | April 8, 2022
Management Chapter 10 2 The Goal William OU chi Was Develop

Management Chapter 10 2 The Goal William OU chi Was Develop

51. Talk about “shell-shock”! Two nights ago, Adam was living in a tent with 30 other Marines in the hills of Afghanistan. Today he is waking up to the smell of fresh linen, in a king– sized bed, in his […]

14 Pages | April 8, 2022
Chapter 05 1 The most common form of business ownership that is also the simplest to create is the

Chapter 05 1 The most common form of business ownership that is also the simplest to create is the

Copyright © 2014 Pearson Education, Inc. Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 5 Forms of Business Ownership 1) The key to choosing the right form of ownership is: A) envisioning where your business will be in […]

9 Pages | April 8, 2022
Management Chapter 10 1 Marissa Works For Large Pharmaceutical Company

Management Chapter 10 1 Marissa Works For Large Pharmaceutical Company

1. The sense of satisfaction you get when you achieve an important goal is an intrinsic reward. TRUE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning Objective: 10-01 Explain Taylor’s theory of scientific management. Level of Difficulty: 1 Easy […]

14 Pages | April 8, 2022
Chapter 04 2 The executive summary serves as the thesis statement for the entire business plan

Chapter 04 2 The executive summary serves as the thesis statement for the entire business plan

Copyright © 2014 Pearson Education, Inc. 82) The value test that a business must pass in order to attract financing from lenders and investors involves proving to them that the venture offers a high probability of repayment or an attractive […]

13 Pages | April 8, 2022
Management Chapter 9 9 Courtney Was Planning New Product Launch

Management Chapter 9 9 Courtney Was Planning New Product Launch

311. Courtney was planning a new product launch. She knew that the art department was ready to work on the promotional pieces now, but they couldn’t start until the strategy group established the price point and the purchasing group obtained […]

11 Pages | April 8, 2022
Chapter 04 1 Porter’s five forces model assesses industry attractiveness by surveying these five factors

Chapter 04 1 Porter’s five forces model assesses industry attractiveness by surveying these five factors

Copyright © 2014 Pearson Education, Inc. Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 4 Conducting a Feasibility Analysis and Crafting a Winning Business Plan 1) The process of determining whether an entrepreneur’s idea is a viable foundation […]

14 Pages | April 8, 2022
Management Chapter 9 8 Enterprise Resource Planning ERP Goes Beyond

Management Chapter 9 8 Enterprise Resource Planning ERP Goes Beyond

287. Enterprise resource planning (ERP) goes beyond the capabilities of MRP because it: A. gives much more precise cost estimates. B. finds the critical path and computes its length. C. monitors the computerized functions of all the divisions and subsidiaries […]

12 Pages | April 8, 2022
Chapter 03 2 A strategy is a road map of action for fulfilling a firm’s mission

Chapter 03 2 A strategy is a road map of action for fulfilling a firm’s mission

Copyright © 2014 Pearson Education, Inc. 63) The ideal strategic planning procedure for a small company should be formal and highly structured. Answer: FALSE Diff: 2 Page Ref: 92 AACSB: Analytic Skills Learning Obj.: 3 64) The most effective way […]

9 Pages | April 8, 2022
Management Chapter 9 7 Modular Facilities Layouts Consist Of Teams

Management Chapter 9 7 Modular Facilities Layouts Consist Of Teams

255. Modular facilities layouts consist of: A. teams of workers who work together on a complex assembly. B. lines of workers who do a small series of tasks and then pass along the product through the line to the next […]

14 Pages | April 8, 2022
Chapter 03 1 Which of the following is not one of the three components of intellectual capital

Chapter 03 1 Which of the following is not one of the three components of intellectual capital

Copyright © 2014 Pearson Education, Inc. Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 3 Designing a Competitive Business Model and Building a Solid Strategic Plan 1) Which of the following is not one of the three components […]

9 Pages | April 8, 2022
Management Chapter 9 6 Sit rite Furniture Company Uses Labor And

Management Chapter 9 6 Sit rite Furniture Company Uses Labor And

230. SitRite Furniture Company uses labor and machinery to transform wood, plastic, metal and cloth into comfortable chairs, sofas, and love seats. This process creates: A. form utility. B. place utility. C. use facility. D. intangible productivity. Production is the […]

14 Pages | April 8, 2022
Chapter 02 2 The right brain takes care of the body’s emotional, intuitive, and spatial functions

Chapter 02 2 The right brain takes care of the body’s emotional, intuitive, and spatial functions

Copyright © 2014 Pearson Education, Inc. 66) Entrepreneurs must embrace traditional assumptions and perspectives about how things ought to be because they support creativity. Answer: FALSE Diff: 2 Page Ref: 42 AACSB: Reflective Thinking Learning Obj.: 2 67) Creative thinking […]

9 Pages | April 8, 2022
Management Chapter 9 5 Which The Following Statements Best Describes

Management Chapter 9 5 Which The Following Statements Best Describes

198. Which of the following statements best describes the distinction between production management and operations management? Production management involves: A. activities managers perform to help create services while operations management involves the activities managers perform to produce goods. B. activities […]

14 Pages | April 8, 2022
Chapter 02 1 When developing creative solutions to modern problems, entrepreneurs must

Chapter 02 1 When developing creative solutions to modern problems, entrepreneurs must

Copyright © 2014 Pearson Education, Inc. Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 2 Inside the Entrepreneurial Mind: From Ideas to Reality 1) The ability to develop new ideas and to discover new ways of looking at […]

9 Pages | April 8, 2022
Management Chapter 9 4 Recent Years The Service Sector The

Management Chapter 9 4 Recent Years The Service Sector The

157. Andre is an outdoorsman whose love of hunting and fishing led him to start an e-tail company specializing in hunting and fishing gear. He decided to locate his business near the Ozarks in southwestern Missouri, partly because of low […]

14 Pages | April 8, 2022
Chapter 01 2 Increased entrepreneurial activity is a phenomenon unique to the U.S

Chapter 01 2 Increased entrepreneurial activity is a phenomenon unique to the U.S

Copyright © 2014 Pearson Education, Inc. 58) Increased entrepreneurial activity is a phenomenon unique to the U.S. Answer: FALSE Diff: 1 Page Ref: 3 AACSB: Analytic Skills Learning Obj.: 1 59) One study conducted by the Global Entrepreneurship Monitor (GEM) […]

9 Pages | April 8, 2022
Management Chapter 9 3 operations management has become an interfirm process

Management Chapter 9 3 operations management has become an interfirm process

102. Internet-focused strategies don’t affect operations managers since it is not progressive for operations managers to negotiate in an interfirm environment. FALSE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning Objective: 09-04 Describe operations management planning issues including facility […]

14 Pages | April 8, 2022
Chapter 01 1 All of the following are characteristics of the typical entrepreneur except

Chapter 01 1 All of the following are characteristics of the typical entrepreneur except

Copyright © 2014 Pearson Education, Inc. Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 1 The Foundations of Entrepreneurship 1) One of the most significant economic developments in recent business history relates to the: A) growth of blue-chip […]

9 Pages | April 8, 2022
Management Chapter 9 2 One way to compete with cheap labor is to use robots

Management Chapter 9 2 One way to compete with cheap labor is to use robots

53. The ability to integrate computers into the design and manufacture of products has had the greatest impact on production techniques in recent years. TRUE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning Objective: 09-03 Identify various production processes […]

14 Pages | April 8, 2022
Management Chapter 9 1 U.S. businesses are known for their creativity and their ability to implement change

Management Chapter 9 1 U.S. businesses are known for their creativity and their ability to implement change

1. Currently, manufacturing accounts for only around 70% of U.S. GDP. FALSE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning Objective: 09-01 Describe the current state of U.S. manufacturing and what manufacturers have done to become more competitive. Level […]

14 Pages | April 8, 2022
Management Chapter 8 10 Employee Complaints That There Are Too

Management Chapter 8 10 Employee Complaints That There Are Too

Mini-Case Angelica Canizales is the CEO of Mucho Dinero Enterprises. Sales have declined for four consecutive years and the firm’s accountants have reported net losses in each of the last two years. Employees appear demoralized and frustrated. Recently, Angelica met […]

9 Pages | April 8, 2022
Management Chapter 8 9 Whirl pond Manufacturer Home Appliances Has Historically

Management Chapter 8 9 Whirl pond Manufacturer Home Appliances Has Historically

344. Whirlpond, a manufacturer of home appliances, has historically produced the components for their products. However, Whirlpond now contracts with other firms to produce these components. This strategy of __________ is a current trend among U.S. manufacturers. A. outsourcing B. […]

9 Pages | April 8, 2022
Chapter 22 Chapter 22 which question is relevant when critiquing a narrative study

Chapter 22 Chapter 22 which question is relevant when critiquing a narrative study

365 they report and submit their work for review. Accessing this information can be very helpful to your students. One way is to ask editors to share their slides from such sessions. Another, that I used recently, was to have […]

11 Pages | April 8, 2022
Management Chapter 8 8 Eileen Works The Human Resources Department

Management Chapter 8 8 Eileen Works The Human Resources Department

313. Eileen works in the human resources department of a corporation with several hundred employees. Her main function is to advise and assist managers in other departments, such as marketing and production, when they make staffing decisions. Eileen’s position would […]

14 Pages | April 8, 2022
Chapter 21 Chapter 21 One benefit of Zotero over other reference management systems is that Zotero

Chapter 21 Chapter 21 One benefit of Zotero over other reference management systems is that Zotero

1 Often technology support personnel or librarians at your institution are willing (and excited) to demo these programs for the students. Students appreciate the hands-on demonstration and I find our library support personnel understand the programs better than do I. […]

9 Pages | April 8, 2022
Management Chapter 8 7 Todays Preference For Flat Rather Than

Management Chapter 8 7 Todays Preference For Flat Rather Than

283. Today’s preference for flat rather than tall organization structures is mainly due to a flat organization’s ability to: A. encourage esprit de corps among employees in various departments. B. increase the cost of labor through economies of scale. C. […]

14 Pages | April 8, 2022
Chapter 20 Chapter 20 Do you feel that the approach discussed in your text addresses this critique

Chapter 20 Chapter 20 Do you feel that the approach discussed in your text addresses this critique

1 b. Type of source (e.g., handbook, textbook, journal publication) c. Focus of the source (e.g., theoretical, philosophical, epistemological, methodological, research report) d. A minimum of two connections between the source and the outcomes or content of text Chapter 20. […]

9 Pages | April 8, 2022
Management Chapter 8 6 Which The Following Statements Explains The

Management Chapter 8 6 Which The Following Statements Explains The

252. Which of the following statements explains the unity of command principle of management? A. All workers must share the same goal. B. Every firm has one strong leader, and everyone should support that individual. C. Workers can become frustrated […]

14 Pages | April 8, 2022
Chapter 19 Chapter 19 Identify the quantitative data sources you would use to address this study

Chapter 19 Chapter 19 Identify the quantitative data sources you would use to address this study

1 This study is likely a QUAL-quan study. The majority of the artifacts appear to be more qualitative in nature. Based upon the abstract, one might speculate that the observations and interviews likely generated qualitative data. The analyses of student […]

10 Pages | April 8, 2022
Management Chapter 8 5 Organizing Business Begins With Acquiring The

Management Chapter 8 5 Organizing Business Begins With Acquiring The

212. The grapevine refers to the formal channel used for confidential communications between members of top management. FALSE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning Objective: 08-06 Explain how organizational culture can help businesses adapt to change. Level […]

14 Pages | April 8, 2022
Chapter 18 Chapter 18 the identification of potential themes occurs during which processes

Chapter 18 Chapter 18 the identification of potential themes occurs during which processes

Some possible websites for this activity might include: http://en.wikipedia.org/wiki/Qualitative_research http://researchrundowns.wordpress.com/qual/ http://www.qualitativeresearch.uga.edu/QualPage/ http://www.uncp.edu/home/marson/qualitative_research.html Chapter 18 Qualitative Research: Data Analysis and Interpretation Suggested Activities 1. A website dedicated to qualitative research, Qual page, is housed at the University of 2. One strategy […]

9 Pages | April 8, 2022
Management Chapter 8 4 Transparency describes the relationship between a firm and its stockholders.

Management Chapter 8 4 Transparency describes the relationship between a firm and its stockholders.

161. Alleta Publishing Company, Inc., is considering the use of cross-functional teams. In order to be most effective, Alleta should include customers as members of the teams. TRUE Cross-functional teams work best when the ideas of customers are brought into […]

14 Pages | April 8, 2022
Chapter 17 Chapter 17 Define or describe the bounded system that is the focus of this case study

Chapter 17 Chapter 17 Define or describe the bounded system that is the focus of this case study

Saracho, O. N. (2008). A literacy program for fathers: A case study. Early Childhood Education Journal, 35(4), 351-356. Woodruff, A. L., & Schallert, D. L. (2008). Studying to play, playing to study: Nine college student-athletes’ motivational sense of self. Contemporary […]

7 Pages | April 8, 2022
Management Chapter 8 3 Businesses seldom create separate departments to serve customers with different needs

Management Chapter 8 3 Businesses seldom create separate departments to serve customers with different needs

111. Businesses seldom create separate departments to serve customers with different needs. FALSE Some organizations departmentalize by customer group. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Learning Objective: 08-03 Evaluate the choices managers make in structuring organizations. Level of […]

14 Pages | April 8, 2022
Chapter 16 Chapter 16 One of the goals while engaging in participant observation is to 

Chapter 16 Chapter 16 One of the goals while engaging in participant observation is to 

1 relatively new so your library may not have the subscription yet. However, the publisher offers sample issues. There are many interesting topics found in the existing issues and browsing a volume or having students each read a manuscript and […]

9 Pages | April 8, 2022
Management Chapter 8 2 Blake is a manager at a car seat manufacturing company

Management Chapter 8 2 Blake is a manager at a car seat manufacturing company

59. The purpose of Weber’s and Fayol’s principles was for the benefit of management, as opposed to pleasing customers. TRUE Fayol’s and Weber’s ideas made management’s life easier. Their organization principles facilitated management’s needs, but did little for employees or […]

14 Pages | April 8, 2022
Chapter 15 Chapter 15 What is the primary purpose of this article as suggested by the authors

Chapter 15 Chapter 15 What is the primary purpose of this article as suggested by the authors

1 The authors focus on the construction of narratives as representations of research studies—they describe literary elements that will aid researchers Where else have you thought about these elements? How do these elements relate to your conceptions of ‘research’? This […]

9 Pages | April 8, 2022
Management Chapter 8 1 organizations seldom reorganize due to changing markets

Management Chapter 8 1 organizations seldom reorganize due to changing markets

1. Organizing the structure of the company means deciding how many jobs need to be done and who is responsible for doing them. TRUE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Learning Objective: 08-01 Outline the basic principles of […]

14 Pages | April 8, 2022
Chapter 14 Chapter 14 Of the following the most common data source in a qualitative study is

Chapter 14 Chapter 14 Of the following the most common data source in a qualitative study is

regarding ‘what are you doing’ and where two extra people, taking notes, will not cause alarm. Do NOT allow students to audiotape or video record the exercise due to ethical protections. The exercise works a little better if the students […]

11 Pages | April 8, 2022
Management Chapter 7 7 Which The Following Clear Performance Standard

Management Chapter 7 7 Which The Following Clear Performance Standard

AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Learning Objective: 07-06 Summarize the five steps of the control function of management. Level of Difficulty: 2 Medium Topic: Functions of Management 268. Which of the following is a clear performance standard? […]

10 Pages | April 8, 2022
Chapter 13 Chapter 13 At what age in the sample do boys report the most video use

Chapter 13 Chapter 13 At what age in the sample do boys report the most video use

232 Chapter 13 Inferential statistics Suggested Activities 1. In addition to capabilities in EXCEL and SPSS. There are online free data analysis programs 2. Use the dataset from Chapter 12, Activity 1 to have your students answer the following questions. […]

23 Pages | April 8, 2022