A sales forecast can help a retailer

accurately plan for the upcoming holiday season

Which of the following examples of leadership behavior shows the most effective way to motivate employees to do their best work? Options: When John finds a mistake made by an employee, he tells the employee immediately and also points out the mistake to the employee’s coworkers. To motivate employees, Franco often tells his workers that they are lucky to receive a regular paycheck, and that there are many other people who would like to work for the company. Tadashi’s company brings in a consultant who identifies employees’ mistakes, tells everyone what they are doing wrong, and counsels them on what to do differently. When Alejandra finds a mistake made by an employee, she speaks with the employee privately and provides instruction on the correct method of performing the task.

When Alejandra finds a mistake made by an employee, she speaks with the employee privately and provides instruction on the correct method of performing the task.

Creating an empowered work environment gives

employees the authority to make decisions and take actions

A departmental employee is habitually late, and the others in the department are picking up the workload, but they are getting frustrated about it. The department manager should:

explain to the employee that the lateness is affecting the entire department and is decreasing department morale.

One major difference between strategic and tactical planning is that tactical planning tends to be

shorter-term and more narrowly defined

Successful implementation of an organization’s strategic plan depends on participation and support from every employee in the organization.

every employee in the organization

Due to an economic downturn caused by the closure of a local factory, Smallville’s Ice Cream Shoppe experienced a decrease in sales for the month of June. What is their best option to increase sales? Options: remodel their building to accommodate more customers, lay off an employee to decrease expenses, locate a less expensive milk product supplier, advertise in neighboring cities to increase the customer base

advertise in neighboring cities to increase the customer base

A consulting team made a presentation on how to implement and monitor a company's planned goals. They suggested evaluating the gap between the current and planned status of each goal. They also suggested prioritizing the goals and breaking them into smaller steps. Their final suggestion was

setting deadlines for each step and goal accomplishment

Performance evaluations should

document employee achievement and recognize skills

Constructive criticism is specific and gives information

that is intended to encourage improvement

The owner of a company wants to implement some big changes that will affect all international operations. To gain employee acceptance of the new changes and reduce the impact these changes will have on international operations, the owner should

provide adequate training and advance notice of the new changes before implementing them

Managers use a budget as a guide to the operations of a business in order to determine if income and expenses are meeting budgeted amounts. Differences in the budget will allow managers to

observe areas where financial performance is better than budgeted

What should the team leader do when the department is not demonstrating dedication to a large project with a quickly approaching deadline? Options: independently allow extra time to accurately complete the project before turning it in, even if it is past the deadline; meet with the team to come up with viable solutions to complete the project in a timely manner as a team; independently work as fast as possible to meet the deadline without checking for accuracy; explain to the supervisor that the team cannot complete the project and to assign it to another department.

meet with the team to come up with viable solutions to complete the project in a timely manner as a team

An employee recognition program that improves morale and increases productivity has a

clear set of objective criteria

A non-exempt employee

will earn time and one-half pay for over-time hours

What is a major disadvantage to working remotely?

The employee becomes less visible.

Based on the definitions of Theory X and Theory Y, which approach should a Theory Y manager use to motivate employees? Options: Provide close supervision, Threaten to punish employees, Structure the employee's work, Allow employees to make decisions.

Allow employees to make decisions.

The human resources manager has been asked to recruit applicants for a newly created position in hydrology. Of the following, which is the most effective method for advertising the job opening to qualified hydrologists? Options: Place a job ad in the classified section of the local daily newspaper., Place an ad in the jobs section of a professional hydrology website., Place an ad on a national television station to be aired during a documentary on hydrology., Place an ad in the local university's student newspaper.

Place an ad in the jobs section of a professional hydrology website.

An effective evaluation system allows an employer to

state expectations and provide feedback

A law that protects the rights of people with conditions such as blindness and deafness is the

Americans with Disabilities Act of 1990

When developing a new job description, begin by determining the primary responsibilities of the position.

determining the primary responsibilities of the position

When a new employee is hired, one good strategy for training on the first day is to: meet with the new employee initially, provide specific instructions, and then have him or her observe an employee who is skilled in explaining job tasks.

meet with the new employee initially, provide specific instructions, and then have him or her observe an employee who is skilled in explaining job tasks

Entrepreneurship

Flashcard

•

Specialty

•

11th Grade

•

Practice Problem

•

Hard

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98 questions

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FLASHCARD QUESTION

Front

Two types of business partnerships are: contractual and fiduciary, cooperative and interdependent, general and limited, contractual and cooperative.

Back

general and limited

FLASHCARD QUESTION

Front

Which form of business organization is looked upon as being an artificial entity, separate from its owners? Options: sole proprietorship, partnership, corporation, cooperative

Back

corporation

FLASHCARD QUESTION

Front

The parent of a preschool-aged child wants to start a home-based business using the simplest form of business organization. Which type of business organization will this person utilize?

Back

sole proprietorship

FLASHCARD QUESTION

Front

Information that provides facts and figures from which conclusions can be drawn is called _______ data.

Back

quantitative

FLASHCARD QUESTION

Front

Which statement illustrates the analysis step of the research process? Options: investigating data to identify market trends, following through with recommendations to check for implementation, identifying problems a business is having, developing a plan to solve business problems

Back

developing a plan to solve business problems

FLASHCARD QUESTION

Front

A business conducts a SWOT analysis to decide whether to expand into Country ABC. Which of the following is represented by the "O" in SWOT? Options: Any of the business's current employees speak the language of Country ABC and have knowledge of the local market., Government instability will make it risky to operate in Country ABC., Country ABC has a skilled workforce and lower minimum wage., The business has limited experience managing international expansion.

Back

Country ABC has a skilled workforce and lower minimum wage.

FLASHCARD QUESTION

Front

When a company decides to improve features of a product by developing a newer, more up-to-date version, they have conducted the marketing function known as

Back

product and service management

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