Why is it important for entrepreneurs to manage the negative emotions associated with failure?
a. so they can begin the process of learning from failure
b. so they can avoid all the consequences of failure
c. so they can understand the external reasons for their failure
d. so they can blame others for their failure
a. so they can begin the process of learning from failure
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Which of the following is an example of a proactive change?
A. Ciara's staff is unhappy about the long hours they have been working and several of them quit before she knows there is a problem. B. Ciara's group sends a product that is nearing its launch date back to the drawing board based on a competitor's superior new offering. C. Ciara cannot get permission to hire another person until her group misses several deadlines. D. Ciara is constantly "putting out fires," responding to daily crises in her group. E. Ciara explores improvements in bonus structures with her staff and begins to implement them despite the fact that her employees are generally content.
The legal doctrine stating that employers have the right to fire employees for "good cause, for no cause, or even for cause morally wrong" is known as the __________________ doctrine.
Fill in the blank(s) with the appropriate word(s).
The flow of goods through a production process cannot be at a faster rate than the slowest bottleneck is the definition for
a. mass customization. b. the Pareto principle. c. the theory of constraints. d. business process reengineering.
James's attempt to make a new contract is void because it lacks consideration under the ________ concept
A) illegal consideration B) gift promise C) past consideration D) preexisting duty