Which of the following is most likely to encourage entrepreneurship?
A) inability to find attractive employment anywhere else
B) increased market regulations
C) inadequate protection of property rights
D) excessive market regulation
E) monopolistic business practices
Answer: A
Explanation: A reason why people start a business, one that becomes more common during tough job markets, is the inability to find attractive employment anywhere else.
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In a two-variance system for analyzing factory overhead, a favorable production-volume variance could be caused by:
a. The top salesman leaving the company. b. Receiving more orders than anticipated. c. Receiving less orders than anticipated. d. A work slow-down by workers.
Arshdeep is studying for his Principles of Management final when he asks himself, “Why am I even doing this?” This is a problem with which component of performance?
a. motivation b. ability c. resources d. skills
Define social networks, social networking, and social media, and discuss their relevancy to the practice of public relations
What will be an ideal response?
The market for detergent soaps is more likely to suffer from a decrease in profits due to higher
bargaining power of buyers than the market for mobile phones. Indicate whether the statement is true or false