Michael Gerber, the author of The E-Myth, contends that

a. the entire field of study in entrepreneurship is a myth.
b. there is no such thing as entrepreneurship.
c. today’s business owners are not true entrepreneurs.
d. everybody in business is an entrepreneur.


ANSWER: c

Business

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In the table above, a change in the ______ will result in a movement along the supply schedule of pounds.

a. dollar/pound exchange rate b. rate of interest in the United States c. per-capital income of Americans d. level of technology in the United States

Business

The AICPA Code of Professional Conduct includes which of the following principles?

A) Professionalism B) Conservatism C) Objectivity D) Quality

Business

A divisional manager is suspected of adding ghost employees to the payroll. Which investigative method can most easily uncover this type of fraud?

a. Undercover operations b. Theft c. Concealment d. Conversion

Business

Sonya and other employees of TransGlobal Inc maintain a password-protected social media page on which they post comments on work-related issues. The posts range from positive to negative, supporting the page's purpose to "vent about work." When TransGlobal learns of the page, the company intimidates Sonya into revealing the password,and after reviewing the posts, fires her and the other participants. Which federal law discussed in this chapter most likely applies to this situation?

Has this law been violated? Discuss.

Business