In the context of entrepreneurial orientation, the presence of ________ often leads young people to be pioneers in an area, as they are not limited by the restrictions of the past.
A. introversion
B. bounded rationality
C. family support
D. organizational slack
Answer: B
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Ownership of debt instruments of the government and other companies that can be readily converted to cash are best reported as:
a. long-term investments. b. cash. c. marketable securities. d. intangibles. e. inventory of near-cash items.
Which of the following is the process of dividing a larger market into smaller pieces based on one or more meaningfully shared characteristics?
A) acculturation B) segmentation C) market fragmentation D) targeting E) positioning
____________ in a business context involves continual mutations designed to ensure survival of the fittest
a. Manifest b. Design c. Preparation d. Evolution e. Planning
Two adults enter into an oral contract for the sale and purchase of some land. All material facts
were disclosed by the Seller to the Buyer. Which is true? A) This contract is unenforceable because of the Statute of Frauds. B) This is a unilateral contract if only one party transfers land. C) Because the parties are adults, it is certain that there is no problem with capacity. D) This contract is voidable because it is not in writing.