What generation is considered to be the most exposed to entrepreneurship education?
a. Baby Boomers
b.Generation X
c. Millennials
d. Generation Z
b.Generation X
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All but one of the following statements indicates a difference between the Financial Accounting Standards Board (FASB) and prior approaches. Select the one that is not a difference
a. The FASB is independent of the AICPA. b. The size of the board is much smaller. c. The FASB has broader representation. d. The FASB is the primary board for the development of generally accepted accounting principles. e. Members of the FASB serve on a full-time basis.
Which of the following is a task-oriented role?
a. Gatekeeping b. Standard setting c. Blocking d. Information seeking
If the delivery of goods or services used as inputs is uncertain, proactive firms may try to ______.
a. predict future trends and problems b. switch to manufacturing products which have more reliable inputs c. exit that line of business altogether d. redesign its products so that uncertain inputs can be avoided
A salesperson tells his customers that he will give them some freebies if they purchase laptops from his store. However, he has neither asked the store manager if he can do so nor checked if the shop has an adequate stock of freebies. As such, he is not able to deliver the freebies to his customers. Which decision-making trap does this scenario exemplify?
A. Promising too much B. Overlooking precedent C. Responding inappropriately to failure D. Assuming only one choice is right