Mention the characteristics of successful owners of small businesses.

What will be an ideal response?


The characteristics of successful owners of small businesses are that they:

Desire independence.
Have a strong sense of initiative.
Are motivated by personal and family considerations.
Expect quick and concrete results.
Are able to react quickly.
Are dedicated to their businesses.
Enter business as much by chance as by design.

Business

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The most common form of marketing organization is the ________ organization. Under this organization, an operational specialist heads different marketing activities

A) geographic B) product management C) functional D) customer management E) market

Business

Nicole regularly inflates invoices to get a larger commission on her sales. She knows that most salespeople at her organization inflate their invoices by about 20%. Nicole only inflates hers by 10%. She figures if anyone gets caught, hers will look like honest mistakes compared to the others. It appears Nicole’s justification for her unethical behavior is ______.

A. disregard or distortion of consequences B. I did it for the good of others or the company C. I was only following orders D. I’m not as bad as the others

Business

Which one of the following is not one of the three types of ISD services that are or will be available?

A. Basic rate ISDN B. Baud rate ISDN C. Primary rate ISDN D. Broadband ISDN

Business

Do these two reports provide information on how sustainability is embedded into management processes such as human resources, purchasing, finance, etc.? Explain your answers.

What will be an ideal response?

Business