Improvisation is connected to the entrepreneurial mindset because:
a. it helps develop objective thinking
b. it helps develop the ability to change direction quickly
c. it helps develop linear thinking
d. it helps develop comedic timing
b. it helps develop the ability to change direction quickly
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Net income results when expenses exceed revenues
Indicate whether the statement is true or false
An organization's social responsibility image is often determined by its
A) desire to earn a profit above all else. B) focus on being the number one patron of the arts. C) attention to be ethical and to improve the quality of life for people. D) focus on looking good rather than doing the right thing.
Money spent on employee training is a
a. Empowerment cost. b. Prevention cost. c. Pareto cost. d. Appraisal cost.
Managerial judgement
A) is critically important in determining cost behavior B) helps to refine statistical estimation results C) is enhanced by experience D) all of the answers are correct