Unit 2 Test Review

Baby boomers will begin retiring in the 2030s.

• True

• False

Corporations are owned by at least two shareholders.

• True

• False

Good entrepreneurs are able to learn from their failures.

• True

• False

Small businesses create only a tiny fraction of new jobs in the U.S. economy.

• True

• False

Leadership is the ability to motivate individuals and groups to accomplish goals.

• True

• False

Informal influence is part of an organization's structure.

• True

• False

The U.S. workforce consists of all the people age 18 and older who are employed or looking for a job.

• True

• False

Employee orientation should be the final step in the hiring process.

• True

• False

A career is a goal for work that is fulfilled through an occupation or series of occupations.

• True

• False

Career fairs allow job seekers to contact several prospective employers in a short time.

• True

• False