With regard to the differences between the entrepreneurial and administrative focuses which of the following is correct?
A. Entrepreneurs tend to use a hierarchical management structure; managers use a more fluid, flat approach
B. Entrepreneurs are driven by controlled resources; managers by opportunity
C. Entrepreneurs focus on slow steady growth and managers focus on rapid growth
D. Entrepreneurs rent or sporadically use resources; managers like to own resources
Answer: D
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The balance of the income summary account of a corporation is transferred to which of the following accounts?
a. Capital Stock; b. Cash; c. Premium on Sale of Capital Stock; d. Retained Earnings; e. Income Tax Payable.
________ is a major source of data generation that will continue to grow in importance as more people rely on the Internet.
A. Mail surveys B. Focus groups C. Observation D. Web-related activity E. Face-to-face research
Which of the following is TRUE regarding gender and communication in groups?
a. The feminine style emphasizes independence and reporting knowledge. b. The masculine style of communication is used only by males. c. The masculine style of communication is used only by females of high status. d. Masculine and feminine styles are used by both sexes.
The target market, customer profile, and competitive analysis would be included in what section of the business plan?
a. Business model b. Solutions c. Market analysis d. Go-to-market