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strayer bus402 full course [ all discussiions all quizes and all assignments ]

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Question;QuestionEntrepreneursPlease respond to the following:Inc. magazine claims, ?Entrepreneurship is more mundane than it is sometimes portrayed... you don't need to be a person of mythical proportions to be very, very successful in building a company.? Discuss whether you agree or disagree with this statement and why.Analyze the characteristics of a successful entrepreneur and determine if you have what it takes to start your own business. Provide specific examples to support your response.week 1 diss 2Strategic ManagementPlease respond to the following:Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale.From the e-Activity, determine how you would leverage the support provided by the U.S. Small Business Administration in planning and starting your own business. Provide specific examples to support your response.wek 2 diss 1Choosing a Form of OwnershipPlease respond to the following:From the e-Activity, describe the most appropriate form of ownership for your new franchise based on your current financial situation. Provide specific examples to support your response.Assume the form of your new business will be a partnership (if you have not already done so). Discuss the types of conflicts that may arise and how you could prevent them from arising in the first place.week 2 diss 2Franchising and the EntrepreneurPlease respond to the following:Based on the case study (?Firehouse Subs?), determine which of the three options executives are considering would be most beneficial to a single franchise owner. Explain your rationale.From the e-Activity, discuss the advantages and disadvantages of being a franchisee of the franchise you selected. Provide specific examples to support your response.Buying an Existing BusinessPlease respond to the following:From the e-Activity, discuss the best possible method for determining the value of the business you selected. Explain your rationale.Create a strategy for negotiating the purchase of the business you selected in the e-Activity.week 3 diss 1Feasibility Analyses and Business PlansPlease respond to the following:Develop an idea for a new business and conduct a feasibility analysis. Please be as creative as you like in the development of your idea (but as careful as you can be in your analysis of that idea).Analyze the steps involved in crafting a wining business plan and make at least one recommendation for improving the process. Explain your rationale for making the recommendation you didweek 4 diss 1Creating a Solid Financial PlanPlease respond to the following:Discuss the best way to leverage a breakeven analysis when defining a business strategy.Analyze the 12 financial ratios mentioned in the textbook and determine which is the most useful to the greatest number of small businesses. Explain your rationale.week 4 diss 2Managing Cash FlowPlease respond to the following:Analyze the steps involved in preparing a cash budget and determine which steps presents the greatest number of obstacles to the greatest number of small businesses. Explain your rationale.Analyze the steps involved in avoiding a cash crunch and make at least one additional recommendation for doing so. Provide specific examples to support your response.Guerrilla MarketingPlease respond to the following:From the first e-Activity, discuss the key elements that made the guerrilla marketing so successful. Explain your rationale.Discuss possible best practices from the guerrilla marketing campaign that different types of small businesses could leverage. Provide specific examples to support your response.week 5 diss 2Advertising and PromotionPlease respond to the following:From the second e-Activity, determine the best possible way to leverage Facebook, Twitter, and other social networking sites to advertize and promote the small business of your choice. Explain your rationale.Select a small business with which you are familiar and then determine the best way for that business to stretch its advertising budget. Provide specific examples to support your response.week 6 diss 1Pricing and Globalization StrategiesPlease respond to the following:From the e-Activity, discuss the best possible pricing strategy based on whether the company you selected is a retailer, manufacturer, or service firm. Explain your rationale.Discuss the best possible way the company you selected could expand its market globally.week 6 diss 2Globalization and Sources of Equity FinancingPlease respond to the following:From the e-Activity, discuss how the company you selected might benefit from selling new customers on e-Bay (as opposed to building and maintaining its own Website).Referring to the same company, determine the best source of equity capital available to the company you selected. Explain your rationale.week 7 disscussion 1Sources of Debt FinancingPlease respond to the following:Briefly describe a small business you could envision yourself owning and discuss the most appropriate source of debt capital for that business. Explain your rationale.From the e-Activity, discuss how you could best use an SBA loan to get your business running or expanding. Provide specific examples to support your response.diss 2Location, Layout, and Physical FacilitiesPlease respond to the following:Using the same small business you described in the first discussion, determine the best possible location for your business within driving distance of where you now live. Explain your rationale.Discuss the layout and design configuration of a building you would like to use to house your business, including how you would comply with the Americans with Disabilities Act.week 8 diss 1Supply Chain ManagementPlease respond to the following:From the e-Activity, determine which best practices can be applied to the greatest number of small businesses. Explain your rationale.Analyze the principles of Total Quality Management (TQM) and Six Sigma in regard to quality control of a product or service, and make at least one recommendation for improvement. Explain your rationalediss 2Managing InventoryDescribe a retail business with which you are familiar and determine the most suitable means of inventory control. Provide specific examples to support your response.For the same business, discuss what innovative steps you could take to deter employee theft and/or shoplifting.week 9Fikes ProductsPlease respond to the following:From the case study, discuss possible new options for finding quality employees other than those considered in the case study.From the case study, discuss how Mark Sims could better motivate the employees he already has to become more productive and dedicated. Provide specific examples to support your response.Management Succession and Risk Management StrategiesPlease respond to the following:Assume you are the owner of a small business with which you are familiar. Outline the basics of a management succession plan for passing the business on to the individual of your choice.Referring to the same small business, determine the most appropriate way for that business to minimize its exposure to risk. Explain your rationale.week 10Ethics and Social ResponsibilityPlease respond to the following:Select a small business with which you are familiar and develop a plan of action for encouraging ethical behavior. Provide specific examples to support your response.Analyze a business?s responsibilities to the environment, employees, customers, investors, and the community, and determine which is the most important. Explain your rationale.The Legal EnvironmentPlease respond to the following:Select a small business with which you are familiar and discuss the most likely forms of business law it would need to be concerned about. Provide specific examples to support your response.Referring to the same company, discuss the most likely government regulations that would directly impact day-to-day operations. Provide specific examples to support your response.week 11SummationPlease respond to the following:Reflecting back on everything you have learned in this course, discuss the single most important lesson any entrepreneur should apply in order to be successful. Explain your rationale.Summarize the lessons learned in this course in 140 characters or less (something you could post on Twitter).My Dream BusinessPlease respond to the following:Discuss the most innovative idea you can dream up for a new business. Explain why you think it would be successful.Discuss the major challenges you would face in running such a business and how you would expect to overcome them. Provide specific examples to support your response.Part-time entrepreneurship has an additional advantage over starting up a company full-time in that:Answer? Question 22 out of 2 pointsOne key to success with a business startup is to begin with enough ________:Answer? Question 32 out of 2 pointsU.S. economic structure is moving:Answer? Question 40 out of 2 pointsDirk wants to be in control. He's tired of taking orders from others and wants to feel a sense of accountability for the outcome of his work. Dirk displays the entrepreneurial characteristic of:Answer? Question 52 out of 2 pointsThe growth of entrepreneurship is being fed by:Answer? Question 62 out of 2 pointsWhen building a home-based business, it is important that the entrepreneur:Answer? Question 72 out of 2 pointsA significant benefit of starting your own company is:Answer? Question 82 out of 2 pointsJuan is able to work well in a constantly changing atmosphere and has little concern for what tomorrow will bring. Juan demonstrates which of the following characteristics of a typical entrepreneur?Answer? Question 92 out of 2 pointsKyoto has started an interior decoration business. Everything about the business, from its name to the color schemes used in the corporate letterhead, is an expression of her personality. She sees this business as her greatest personal achievement. Kyoto is experiencing the opportunity ________ of small business ownership.Answer? Question 102 out of 2 pointsWhen running a home-based business:Answer? Question 112 out of 2 pointsMinorities cite which of the following as the primary barrier to their entrepreneurship?Answer? Question 122 out of 2 pointsMary and Ted are discussing starting a new business and are asking themselves a series of questions like, "What is the worst that could happen if we fail?" "How likely is that to happen?" They are assessing which potential drawback of small business ownership?Answer? Question 132 out of 2 points"Copreneurs" are marked by:Answer? Question 142 out of 2 pointsCompanies started by women differ from companies started by men in that:Answer? Question 150 out of 2 pointsResearchers who study entrepreneurs have discovered that:Answer? Question 162 out of 2 pointsThe most successful strategic plans make the ________ focal.Answer? Question 172 out of 2 pointsEvery business is characterized by a set of controllable variables called ________ that determines the relative success (or lack of it) of market participants:Answer? Question 182 out of 2 points________ are negative internal factors that inhibit the accomplishment of a firm's objectives.Answer? Question 192 out of 2 points________ are the broad, long-range attributes the small business seeks to accomplish, ________ are the specific, measurable milestones the company wants to achieve.Answer? Question 202 out of 2 points________ focuses everyone's attention and efforts on the same target market. It is an expression of what the owner believes in.Answer? Question 212 out of 2 pointsA small business owner needs to remember that when it comes to employee involvement in the strategic planning process:Answer? Question 222 out of 2 pointsWhen the small business owner assesses her company's strengths and weaknesses, she is dealing with the ________ business environment.Answer? Question 232 out of 2 pointsA competitive profile matrix:Answer? Question 242 out of 2 pointsRather than attempting to serve the total market, the small firm pursuing a ________ strategy specializes in serving a specific target segment.Answer? Question 252 out of 2 pointsA small business's "aggregation of factors that sets it apart from its competitors" is its:Answer? Question 262 out of 2 pointsThe final step of the strategic planning process is:Answer? Question 272 out of 2 pointsOnce the vision and mission are established, the entrepreneur needs to:Answer? Question 282 out of 2 points________ are specific measurable targets to be accomplished in a defined time period.Answer? Question 292 out of 2 pointsThe small firm's "master plan" is its:Answer? Question 302 out of 2 points________ are negative external forces that inhibit the firm's ability to achieve its objectives.Answerquiz 2One major advantage of the ________ is that once the owner has paid all of the company's expenses, he/she can keep the remaining profits (less taxes, of course).Answer? Question 22 out of 2 pointsCorporations that are formed in other countries but do business in the United States are:Answer? Question 32 out of 2 pointsA corporation doing business in the state in which it is incorporated is considered to be a(n) ________ corporation.Answer? Question 42 out of 2 pointsThe ________ is the most complex form of ownership and is a separate legal entity in the eyes of the law.Answer? Question 50 out of 2 pointsA limited liability company is formed under:Answer? Question 62 out of 2 pointsThe key to choosing the "right" form of ownership is:Answer? Question 72 out of 2 pointsA partnership is:Answer? Question 82 out of 2 pointsThe most critical disadvantage of the sole proprietorship is:Answer? Question 92 out of 2 pointsA significant disadvantage of a partnership is:Answer? Question 100 out of 2 pointsIn a limited partnership, the limited partners are treated like ________ by the law.Answer? Question 110 out of 2 pointsIn a joint venture, individuals join together in co-ownership for:Answer? Question 122 out of 2 pointsProbably the most important feature of a partnership agreement is:Answer? Question 132 out of 2 pointsThe most common form of business ownership is the:Answer? Question 142 out of 2 points________ partners are not active in a business but generally are known to be members of the partnership.Answer? Question 152 out of 2 pointsAcme Corporation is chartered in Delaware, but its primary area of operation is in South Carolina. In South Carolina, Acme would be considered a(n) ________ corporation.Answer? Question 162 out of 2 pointsWhen buying a franchise, the potential franchisee should first:Answer? Question 172 out of 2 pointsTo protect investors from unscrupulous franchisers, the regulatory body is the:Answer? Question 182 out of 2 pointsA significant advantage a franchisee has over the independent small business owner is participation in the franchiser's ________.Answer? Question 192 out of 2 pointsMost franchise experts consider the most important factor in the success of a franchise to be:Answer? Question 202 out of 2 pointsThe ________ requires all franchisers to disclose detailed information on their operations at the first personal meeting or at least fourteen days before a franchise contract is signed or any money is paid.Answer? Question 210 out of 2 pointsThe FTC's philosophy focuses on:Answer? Question 222 out of 2 pointsFranchise advertising programs:Answer? Question 232 out of 2 pointsThe most expensive franchises in terms of total investment are:Answer? Question 242 out of 2 points________ franchising involves the owner of an existing business becoming a franchisee to gain the advantage of name recognition.Answer? Question 252 out of 2 pointsIn franchising, ________ pay fees and royalties to a ________ in return for the right to sell its products or services under the franchiser's trade name and often to use its business format and system.Answer? Question 262 out of 2 pointsThere are two main risks in purchasing a franchise. First, that of the franchiser's experience and business system, and second:Answer? Question 272 out of 2 pointsAnother term for cobranding franchising is:Answer? Question 282 out of 2 pointsThe primary advantage of buying a franchise over starting your own company is:Answer? Question 292 out of 2 pointsThe payment the franchisee makes to the franchiser based on gross sales is:Answer? Question 302 out of 2 pointsIn view of the cause of most new business failures, probably the most valuable service provided franchisees by the franchiser is:Answerquiz 3?The valuation approach that considers the value of goodwill is the:Answer? Question 20 out of 2 pointsWhich method of business valuation relies on three forecasts of future earnings?optimistic, pessimistic, and most likely?Answer? Question 32 out of 2 pointsIf the firm owns any trademarks, patents, or copyrights, or has built up a positive reputation with customers and suppliers, the business has what is/are called:Answer? Question 42 out of 2 pointsWhen it comes to buying an existing business, it is not uncommon to find it:Answer? Question 52 out of 2 pointsThe biggest source for the best companies to buy is:Answer? Question 62 out of 2 pointsThe capitalized earnings approach determines the value of a business by capitalizing its expected profits using:Answer? Question 72 out of 2 pointsThe process of gathering information about the company, valuing the company, and performing a detailed review of all records, agreements, and compliance is called:Answer? Question 82 out of 2 pointsOnce an entrepreneur has evaluated him/herself, the next step in the acquisition process would be to:Answer? Question 92 out of 2 pointsOne advantage of buying an existing business is:Answer? Question 102 out of 2 pointsWhen a buyer is reviewing a candidate company's lease arrangements, location and appearance, intangible assets, etc., he is answering what basic acquisition question?Answer? Question 112 out of 2 pointsWhich of the following is a way to smooth the transition of leadership/management from the seller of a business to the buyer?Answer? Question 122 out of 2 pointsWhich of the following is a criterion for a bulk transfer?Answer? Question 132 out of 2 pointsThe first step an entrepreneur should take when acquiring an existing business is to:Answer? Question 142 out of 2 pointsPerhaps the ideal source of financing the purchase of an existing business is:Answer? Question 152 out of 2 pointsNormally, when buying a business, the seller:Answer? Question 162 out of 2 pointsA well-developed business plan provides the entrepreneur with a number of benefits, such as:Answer? Question 172 out of 2 pointsThe loan proposal portion of the business plan should include:Answer? Question 182 out of 2 pointsA business plan:Answer? Question 192 out of 2 pointsAn explanation of how the product will be distributed is contained within the:Answer? Question 202 out of 2 pointsA solid business plan is marked by a number of characteristics including:Answer? Question 212 out of 2 points________ are short-term, specific targets which are attainable, measurable, and controllable.Answer? Question 222 out of 2 pointsBusiness plans need to pass three tests:Answer? Question 232 out of 2 pointsThe primary purpose of building a business plan is to:Answer? Question 242 out of 2 pointsA ________ is what a customer gains from the product or service feature.Answer? Question 252 out of 2 pointsThe organization chart is described in which section of the business plan?Answer? Question 262 out of 2 pointsWhen creating financial forecasts in a business plan for a proposed venture, an entrepreneur should:Answer? Question 272 out of 2 pointsYour cash budget and an explanation of how much money you need to make your company and product a long-term success are the subject matter of the:Answer? Question 282 out of 2 pointsA business plan performs a number of functions including:Answer? Question 292 out of 2 pointsThe ________ highlights significant financial and operational events in the company's life and should concentrate on the company's accomplishments.Answer? Question 302 out of 2 pointsThe ________ becomes the document that summarizes the analysis that has been done to justify a new business.Answerquiz 4? Question 12 out of 2 pointsThe primary opportunity for time compression management (TCM) lies in its application to:Answer? Question 22 out of 2 pointsThe majority of customers who stop patronizing a particular store do so because:Answer? Question 32 out of 2 pointsSmall businesses are able to maintain a leadership role in innovation by:Answer? Question 42 out of 2 pointsOne "natural" advantage small businesses have over large business, which can be a significant competitive advantage, is:Answer? Question 52 out of 2 points________ is the notion of drawing customers into a store by creating a kaleidoscope of sights, sounds, smells, and activities, all designed to entertain?and, of course, sell.Answer? Question 62 out of 2 pointsOne-to-one marketing is a marketing strategy that:Answer? Question 72 out of 2 pointsSmall businesses can compete with larger rivals with bigger budgets by employing unconventional, low-cost creative techniques known as:Answer? Question 82 out of 2 pointsThe Total Quality Management (TQM) concept:Answer? Question 92 out of 2 pointsThe cost of marketing a product is highest in the:Answer? Question 102 out of 2 pointsTo build an effective customer service program, it is important to:Answer? Question 112 out of 2 pointsWhen it comes to gathering market research on customers, most small companies tend to be:Answer? Question 120 out of 2 pointsAttracting a new customer costs ________ as much as keeping an existing one.Answer? Question 132 out of 2 pointsNumerous surveys have concluded that the most important element of service is:Answer? Question 142 out of 2 pointsShifting patterns in the age, income, education, race, and other characteristics of the population are the subject of ________ and exert a potent force on a company's marketing plan.Answer? Question 152 out of 2 pointsA company's competitive edge is:Answer? Question 162 out of 2 pointsIn a(n) ________ advertising program, a group of similar businesses forms a "syndicate" to produce "generic" ads that allow the individual businesses to dub in local information.Answer? Question 172 out of 2 pointsBefore making a sales call, the salesperson sets three objectives. Which one is not an objective?Answer? Question 182 out of 2 points________ is any sales presentation that is nonpersonal in nature and is paid for by an identified sponsor.Answer? Question 192 out of 2 pointsThe ________ method is the most difficult and least used technique of establishing an advertising budget.Answer? Question 202 out of 2 pointsThe choice of advertising medium is primarily determined by:Answer? Question 212 out of 2 pointsA successful public relations technique used by local businesses to sponsor and promote fundraising activities of nonprofit groups is called:Answer? Question 222 out of 2 pointsIn reality, advertising:Answer? Question 232 out of 2 pointsEffective ads are built on:Answer? Question 242 out of 2 pointsThe most meaningful unique selling proposition:Answer? Question 250 out of 2 pointsRadio's power as an advertising medium comes from:Answer? Question 262 out of 2 pointsThe key to the success of direct mail advertising is:Answer? Question 272 out of 2 pointsWhich of the following media account for the greatest portion of advertising expenditures?Answer? Question 282 out of 2 pointsA successful direct mail ad is characterized by:Answer? Question 290 out of 2 pointsNewspaper advertising is characterized by:Answer? Question 302 out of 2 pointsThe ________ becomes the heart of a company's advertising message.Answerquiz 6? Question 12 out of 2 pointsThe most commonly used pricing technique for manufacturers is:Answer? Question 22 out of 2 pointsMost service firms base their prices on:Answer? Question 32 out of 2 points________ costing includes only those costs that vary directly with the volume of an item produced.Answer? Question 42 out of 2 pointsPrice wars usually begin when:Answer? Question 52 out of 2 pointsSmall business owners get into trouble when determining their price floor when they:Answer? Question 62 out of 2 points________ is a technique in which a small firm marks down the price of a popular item below its normal price in an effort to increase customer traffic and to boost sales of other items.Answer? Question 72 out of 2 points________ tells what portion of the total revenues remains after covering variable costs to contribute toward meeting fixed expenses and earning a profit.Answer? Question 82 out of 2 pointsThe final price set by the entrepreneur for the products depends on:Answer? Question 92 out of 2 pointsEven in the short run, a small business must set the price of a product at least equal to the ________ costs (per unit), or it must shut down.Answer? Question 22 out of 2 pointsThe majority of customers who stop patronizing a particular store do so because:Answer? Question 32 out of 2 pointsSmall businesses are able to maintain a leadership role in innovation by:Answer? Question 42 out of 2 pointsOne "natural" advantage small businesses have over large business, which can be a significant competitive advantage, is:Answer? Question 52 out of 2 points________ is the notion of drawing customers into a store by creating a kaleidoscope of sights, sounds, smells, and activities, all designed to entertain?and, of course, sell.Answer? Question 62 out of 2 pointsOne-to-one marketing is a marketing strategy that:Answer? Question 72 out of 2 pointsSmall businesses can compete with larger rivals with bigger budgets by employing unconventional, low-cost creative techniques known as:Answer? Question 82 out of 2 pointsThe Total Quality Management (TQM) concept:Answer? Question 92 out of 2 pointsThe cost of marketing a product is highest in the:AnswerThe "wait to go effective" is the time period when:Answer? Question 32 out of 2 points________ financing includes the personal investment of the owners and is often called "risk capital."Answer? Question 42 ou2 out of 2 pointsGrants to small businesses, made to strengthen the local economy in cities and towns that are considered economically distressed, are made by:Answer? Question 102 out of 2 pointsThis program was started to encourage small businesses that wanted to expand their research and development efforts. It has made over 36,000 awards in excess of $10 billion.Answer? Question 112 out of 2 pointsThe most common type of commercial bank loan granted to small businesses is:Answer? Question 122 out of 2 pointsWhen a small business is refused a loan because it is not profitable and deemed a poor credit risk, the owner can usually turn to ________ as a source of short-term funds.Answer? Question 132 out of 2 pointsA ________ is an agreement with a bank that allows a small business to borrow up to a predetermined specified amount during the year without making an application each time.Answer? Question 140 out of 2 pointsFactoring:Answer? Question 152 out of 2 pointsThe SBA's ________ program offers short-term capital to growing companies seeking to finance seasonal buildups in inventory or accounts receivable.Answer? Question 162 out of 2 pointsWhen manufacturing large, bulky products, it is sometimes necessary to bring the materials to a specific spot and do the assembly in one place. This type of layout is know as a:Answer? Question 172 out of 2 pointsDesigning layouts ergonomically and seeking to automate product flows can result in:Answer? Question 182 out of 2 pointsAs the service economy has grown, a business location being used more and more by service businesses is:Answer? Question 192 out of 2 pointsThe value of the floor space in a retail store depends upon:Answer? Question 202 out of 2 pointsA central business district is:Answer? Question 212 out of 2 pointsThe starting point for designing a layout is:Answer? Question 220 out of 2 pointsTIGER:Answer? Question 232 out of 2 pointsA(n) ________ layout divides a store into a series of individual shopping areas, each with its own theme. This layout can create a distinctive image for a business.Answer? Question 242 out of 2 pointsThe Americans with Disabilities Act of 1990 requires that:Answer? Question 252 out of 2 pointsOriginally created to encourage companies to locate in economically depressed areas, ________ offer tax breaks and federal tax breaks for hiring workers living in the immediate area.Answer? Question 260 out of 2 pointsA(n) ________ layout arranges displays in a rectangular fashion with parallel aisle. It is a formal layout that controls the traffic flow through the store.Answer? Question 272 out of 2 pointsThe ________ of products and materials, their ________ of transportation, and their ________ functions all interact in determining how close a business needs to be to its sources of supply.Answer? Question 282 out of 2 pointsThe ________ serves a large trading area (10 to 15 miles or more), contains from 50 to 100 stores, and has several major department stores as its anchors.Answer? Question 290 out of 2 points________ is a publication that provides important data to aid entrepreneurs in their search for the best location.Answer? Question 302 out of 2 pointsA Geographic Information System (GIS):Answerquiz 10? uestion 12 out of 2 pointsWhen employees can set their own work hours within certain guidelines, they are involved in:Answer? Question 22 out of 2 points________ involves cross-training employees so they can move from one job in the company to others, giving them a greater number and variety of tasks to perform.Answer? Question 32 out of 2 pointsIf a business owner goes to self-directed work teams, he/she is most likely using the ________ style of management.Answer? Question 42 out of 2 pointsOpen book management is one technique that supports:Answer? Question 52 out of 2 pointsKim, the human resources manager, is conducting an orderly and systematic evaluation of all the facts about a new position in order to determine what kind of employee to hire and how to compensate the position. This is called a:Answer? Question 62 out of 2 pointsThe grapevine in most organizations is:Answer? Question 72 out of 2 pointsThe implementation of teams fails sometimes because:Answer? Question 82 out of 2 pointsEffective leaders are noted for their:Answer? Question 90 out of 2 pointsA job specification:Answer? Question 102 out of 2 pointsWhen it comes to enforcing employment laws and the job interviewing process, the EEOC:Answer? Question 112 out of 2 pointsWhen checking references, the small business owner:Answer? Question 122 out of 2 pointsA motivational tool that also helps to guide performance and lets the owner know that his/her company is accomplishing its operational goals is:Answer? Question 132 out of 2 pointsSometimes effective communication is blocked between leaders and followers by:Answer? Question 142 out of 2 pointsIf a company is to succeed, a leader must perform four vital tasks which include:Answer? Question 152 out of 2 pointsA ________ outlines the duties and responsibilities associated with a job and the working conditions involved.Answer? Question 162 out of 2 pointsWhen a business owner purchases protection for losses occurring when a contract is not completed on time or is performed incorrectly, it is buying ________ insurance.Answer? Question 172 out of 2 points________ insurance is protection from loss, theft, or destruction applied to vehicles, buildings, etc. It can be written with a broad coverage or to cover a specific item or items.Answer? Question 182 out of 2 pointsWhen a risk is evaluated in terms of how much it could affect a company's ability to operate, the risk is being assessed in terms of:Answer? Question 192 out of 2 pointsIn an, ________ managers and/or employees borrow money from a financial institution and pay the owner the total agreed-upon price at closing, then they use the cash generated from the company's operations to pay off the debt.Answer? Question 202 out of 2 pointsA small business that puts aside a specific amount of money into a special fund each month to cover the cost of replacing its highly specialized manufacturing equipment is using a risk ________ strategy.Answer? Question 212 out of 2 pointsIn ________ of the management succession process, the successor's real decision-making power grows rapidly. The final assessment of the individual's abilities is determined.Answer? Question 222 out of 2 pointsA formal mentoring program should

 

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