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strayer bus402 quiz 10

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Question;?;uestion 1;2 out of 2 points;When employees can set their own work hours;within certain guidelines, they are involved in;Answer;?;Question 2;2 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 3;2 out of 2 points;If a business owner goes to self-directed work;teams, he/she is most likely using the ________ style of management.;Answer;?;Question 4;2 out of 2 points;Open book management is one technique that;supports;Answer;?;Question 5;2 out of 2 points;Kim, 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 6;2 out of 2 points;The grapevine in most organizations is;Answer;?;Question 7;2 out of 2 points;The implementation of teams fails sometimes;because;Answer;?;Question 8;2 out of 2 points;Effective leaders are noted for their;Answer;?;Question 9;0 out of 2 points;A job specification;Answer;?;Question 10;2 out of 2 points;When it comes to enforcing employment laws and;the job interviewing process, the EEOC;Answer;?;Question 11;2 out of 2 points;When checking references, the small business;owner;Answer;?;Question 12;2 out of 2 points;A 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 13;2 out of 2 points;Sometimes effective communication is blocked;between leaders and followers by;Answer;?;Question 14;2 out of 2 points;If a company is to succeed, a leader must perform;four vital tasks which include;Answer;?;Question 15;2 out of 2 points;A ________ outlines the duties and responsibilities;associated with a job and the working conditions involved.;Answer;?;Question 16;2 out of 2 points;When 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 17;2 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 18;2 out of 2 points;When 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 19;2 out of 2 points;In 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 20;2 out of 2 points;A 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 21;2 out of 2 points;In ________ 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 22;2 out of 2 points;A formal mentoring program should be established;in ________, using both internal and external people. As the successor;develops his/her skills and performance, he/she will transition to the next;stage.;Answer;?;Question 23;2 out of 2 points;A small business that buys a fire insurance;policy on the equipment in its corrugated box factory is relying on a risk;strategy.;Answer;?;Question 24;2 out of 2 points;What are the exit strategies available to;entrepreneurs when it is time to step down?;Answer;?;Question 25;2 out of 2 points;Life insurance differs from all other types of;insurance in that;Answer;?;Question 26;2 out of 2 points;A ________ is a special type of irrevocable trust;and has become one of the most popular tools for entrepreneurs to transfer;ownership of a business while maintaining control over it and minimizing;estate taxes.;Answer;?;Question 27;2 out of 2 points;The most common and popular estate planning tool;for small business owners is the;Answer;?;Question 28;2 out of 2 points;In a grantor-retained annuity trust;Answer;?;Question 29;2 out of 2 points;While it is an essential quality for a successful;family business, this quality is the one that cannot be imposed or forced. If;family members refuse to embrace it, they can still be part of the business.;Answer;?;Question 30;2 out of 2 points;offer liability coverage that protects;against losses resulting from injuries, damage, or theft involving the use of;company vehicles.;Answer

 

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