James is always keen on putting his ideas into action regardless of the outcome. He perfects his craft by trying out different possibilities. If he is dissatisfied with the result, he tries out a different method but does not give up. Which entrepreneurial characteristic is highlighted in the given scenario?
-docility
-self-reliance
-vision
-conformity
-vision
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Which of the following options is not a wise choice of action for a negotiator in a low-power position?
A. limit the ways you can do business or with whom you can do business B. deal with a variety of individuals and departments in the high-power party C. diversity risk by entering into deals with several other partners D. use anger to make yourself bigger
__________involves combining multiple pay levels into one pay level.
A. Delayering B. Equity theory C. Broadbanding D. Wage compression E. Pay structure
The goal of ________ is to thoroughly understand the "best practices" of other firms and to undertake actions to achieve better performance and lower costs.
A. organizing B. SWOT analysis C. competition D. satisficing E. benchmarking
Which of the following is a true statement regarding the implementation of change?
A. The need for change rarely arises from an external force. B. Communication is not likely to be used extensively in the process of recommending a change. C. The commitment of the organization's resources to the change is made during the "implementing the plan" step. D. Communication is not an effective tool for helping employees overcome their resistance to change.