New venture managers lack knowledge in the strategic planning process because they
a. refuse to learn new things.
b. have minimal exposure to the planning process.
c. attempt to implement actions too quickly.
d. are overconfident.
ANSWER: b
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A. There is no tolerance for bulling a way through a problem or issue B. When a decision has to be made, everyone should agree before moving forward C. Hard work does not get in the way of having fun D. No information is shared outside the team unless all agree to it E. It is acceptable to be in trouble, but not to surprise others
The product-management organization replaces the functional organization in the firm
Indicate whether the statement is true or false
In an integrated cash receipts system, the cash receipts clerk reconciles the checks and the remittance advices and prepares deposit slips
Indicate whether the statement is true or false
________ is the act of a minor after he or she has reached the age of majority, by which he or she accepts a contract entered into when he or she was a minor
A) Exculpation B) Restitution C) Ratification D) Emancipation