. According to the authors, a body of skills that together comprise a toolkit for entrepreneurial action is called:
a. a process
b. a method
c. a system
d. an approach
b. a method
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Answer the following statements true (T) or false (F)
1. Time pressures increase the likelihood of poor moral decisions. 2. Externally oriented individuals are more likely to persist in ethical tasks than internally oriented people. 3. Most people tend to overestimate how ethical they are. 4. Moral sensitivity is the most studied stage in the Four-Component Model of ethical decision-making and behavior. 5. Kohlberg’s stages of moral development has drawn criticism because it is closely similar to Rawl’s theory of justice.
Imitation strategies:
A. require expensive and extensive research. B. does not provide organizational legitimacy. C. are rare and inimitable. D. can enhance a firm's performance.
The c-chart is useful when we
A) take a number of measurements and compute the average. B) take a number of measurements and compute the ranges. C) find the fraction of the production lot defective. D) find the number of defective items in a production lot. E) None of the above
In the context of inventories, which of the following is a similarity between a manufacturing firm and a retail firm?
A. Both hold inventories of finished goods. B. Both typically hold inventories of work in process. C. Both typically hold inventories of raw materials. D. Both hold small inventories, thereby reducing the risk of stock-outs.