Intro to Business 111

Enterprise zones are specific geographic areas that: 

__________ is the chance a biz owner will lose the time and money invested in a business that proves to be unprofitable

The first step toward establishing open communication within an organization is to

workers have a higher skill level than their current job requires.

Which of the following statements would a follower of Adam Smith most likely make?

As a group, Millennials tend to be:

_______ was the father of scientific management.

Considering the potential impact on others prior to making a decision is consistent with ________ behavior. 

___________ are broad, long-term accomplishments an organization wants to achieve. 

Which of the following is a characteristic of successful entrepreneurs? 

Under the Family Medical Leave Act

Which of the following is an advantage of a partnership? 

A __________ is an overall explanation of why an organization exists and where it is trying to head.

Today, human resource management has become so important that in many firms it has become:

Which of the following U.S. issues does entrepreneurship most directly affect? 

____________ is the selling of products to another country.

Which of the following workers would be the best example of a contingent worker?

Dividing tasks into smaller jobs is called: 

What is the first step in the planning process?

Which of the following would be a topic emphasized in a microeconomics class?

An ethical dilemma refers to a situation where you must:

Ethical behavior covers a _________________ range of conduct than legal behavior.

Entrepreneurship is: 

A major benefit of socialism is the: 

The amount of goods and services people can buy with the money they have is called their: 

One advantage of free trade is:

Baby Boomers as managers need to understand that:

Theory Y managers assume that...

Shadowing is another term used to refer to

In a partnership a __________ partner actively manages the company & has unlimited liability for claims against the firm

Dividing the required work among a group of employees is called:

The concept of "reasonable accommodations" means that all workers should be treated in the same manner

The Hawthorne studies were conducted by __________ and his colleagues from Harvard University.

The __________ is the most common form of business ownership.

The largest importer in the global market today is:

The U.S. is still manufacturing intensive. Only 25% of U.S. jobs come from the service sector.

An owner of a corporation is known as a(n:

U.S. businesses are known for their creativity and their ability to implement change.

The practice of moving employees from one job to another to make work more interesting

____________ comprise about 20% of all businesses but account for about 81% of U.S. business receipts.

Today's workers place a lower priority on leisure time than they did in the past.

Carrie, a U.S. resident, says that her home computer was made in Japan. Carrie purchased a(n): 

According to Herzberg, a sense of achievement, earned recognition, and interest in the work itself were all:

The economic & political system in which the government owns almost all the major factors of production is called: 

Economics is the study of how a society _________________.

Which of the following questions can help us avoid a decision that would injure our self-esteem? 

To many businesspeople, one of the major attractions of a sole proprietorship is:

Promotions and transfers are what type of sources available in recruiting efforts?

Which of the following is an example of a move to reorganize?

Concept that a hierarchy of human needs could be used to explain motivation was developed by:

The most important difference between for-profit businesses and nonprofit organizations is that:

6. Theory ___ managers see employees as having a general dislike for work and an unwillingness to accept responsibility.

The Civil Rights Act of 1964 did not do enough to discourage discriminatory practices in the workplace.

Generation X employees are likely to:

Many individuals today believe that ethical behavior is determined by what is best for them at the time. This example is

Which of the following goals best describes today's view of the organizing function? Organizing today focuses on: 

The Spotlight on Small Business box "Earning While Learning" features students who

Which of the following questions will help individuals and organizations when deciding if their decisions are ethical? 

Laws represent the standards of ________ behavior. 

___ used the terms theory x and y to describe different attitudes managers had about employees

When a sole proprietor dies: 

Purposefully understating your firm's income to avoid paying higher taxes is an example of: 

Strategic planning looks at the organization as a whole, while ________ planning focuses on daily tasks and decisions. 

Reprimands, pay reductions, and suspensions are all examples of:

Business owners who prefer to maintain their businesses at a manageable size are called: 

A successful web-based strategy that helps a business spread the word about its website and products is called _________

The ultimate resource of a firm is its:

Term refers to natural, self-given rewards that include a sense of pride and accomplishment when a job is well done:

CareerBuilder and Monster are examples of:

Computer-integrated manufacturing is used to

Today's workers have an increased demand for benefits tailored to their individual needs.

A favorable balance of trade occurs when the value of: 

The theory of comparative advantage exists because:

Organizing a business begins with: 

A business incurs a ___________ if its costs and expenses exceed its revenues.