Describe the "dark side" of entrepreneurship.
What will be an ideal response?
ANSWER: The entrepreneurial profile has its destructive side. First, the need for control can become an obsession. The need for control can cause problems in networking and in an entrepreneurial team. A sense of distrust can cause the entrepreneur to lose sight of reality or focus on trivial things. An entrepreneur's desire for success can also be destructive if the individual becomes more important than the venture itself. The last "dark side" trait is external optimism. When the entrepreneur takes optimism to the extreme, he or she may begin using a fantasy approach to the business. Trends, facts, and reports are ignored because the entrepreneur thinks everything will turn out fine.
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Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of quick assets?
A) $198,000 B) $126,000 C) $90,000 D) $61,000
Compare and contrast an integrity-based ethics program and a compliance-based ethics program.
What will be an ideal response?
As one of the senior Human Resource managers, Ramona is responsible for conducting orientation sessions for new employees in her company. In her sessions, Ramona uses a visual representation to explain thecomposition and structure of the company to the new employees. In this scenario, Ramona uses a(n) _____.
A. operational plan B. business model C. network model D. organization chart
The law grants the right of disaffirmance to ____________________ minors, regardless of whether the agreement is fair or unfair to the minor
Fill in the blank(s) with correct word