Which of the following is not considered by entrepreneurs when examining opportunities for possible ventures?

a. business brokers
b. newspaper ads
c. the cost of replacing an employee
d. professional sources


ANSWER: c

Business

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In a just-in-time (JIT) inventory system, suppliers of direct materials must be willing to make fewer deliveries in larger lots

Indicate whether the statement is true or false

Business

Which of the following is a hallmark of the science of ‘Positivism’?

a. That abstract, unobservable, concepts can be operationalized and measured in an objective way b. That only qualitative research can be generalizable c. That results of research should be generalizable and replicable d. Both a and c

Business

A well-written message acknowledging a customer's order usually will likely result in

a. the customer requesting to be removed from the mailing list. b. the customer placing additional orders. c. a decrease in the cost of doing business. d. all of the above

Business

Guidelines for effective meetings include

a. limiting meeting length and frequency. b. eliminating conflict. c. preparing an agenda immediately following each meeting. d. seeking unanimous agreement on all important issues.

Business