Question

Which of the following is not a benefit of keeping employees motivated?

1. Workers are more productive
2. Companies benefit financially
3. Retention levels are higher
4. More opportunities to offshore production   

Q11. According to Maslow’s hierarchy of needs: Self-actualization usually takes a higher level of motivation/achievement than physiological basics?

1. True   
2. False

Q12. An autocratic leader usually is known for all of these traits except:

1. Listens well
2. Offers threats
3. Has tight control
4. Drives talent away

Q13. One of the negative consequences of groupthink, is a kind of narrowmindedness as result of the need to fit in?

1. True   
2. False

Q14. One of the intend consequences of a Company with a positive image of Corporate Social Responsibility

1. The ability to use independent contractors to reduce the costs and not have to hire as many regular employees
2. The ability to attract and retain quality employees
3. Escaping wage and hour rules on paying overtime
4. Using contingent workers   

Q15 . Which one of the following is not a part of the SMARTER Goal acronym?

1. Specific
2. Accommodating
3. Measurable
4. Timely

Q16. Entrepreneurs generally have a higher tolerance for risk than most corporate employees?

1. True
2. False

   

Q17. Why do most small businesses fail?

1. Accumulating too much debt
2. Management can’t decide on a business plan
3. Over planning
4. The cost of replacing products under warranty

Q18.Which of the following is an example of a successful online B-to-C business model?

1. Tesla
2. PG&E
3. Amazon
4. CVS Pharmacy   

Q19.Online businesses like Facebook have been recently criticized because they have used electronic monitoring to?

1. Share personal data with outside organizations
2. Raised subscription prices based upon data usage
3. Fund political campaigns out of profits
4. Hire new employees based upon the volume of individual “likes” on the applicant’s social media account

Q20. A proper business plan starts with the definition of the problem the business is trying to solve and provides the reader with?

1. An example of the banking relationships of the business
2. An example of the employee handbook
3. The business solution
4. The management team’s understanding of supply chain

Answer 1

Q10. Which of the following is not a benefit of keeping employees motivated?

1. Workers are more productive
2. Companies benefit financially
3. Retention levels are higher
4. More opportunities to offshore production   

Q11. According to Maslow’s hierarchy of needs: Self-actualization usually takes a higher level of motivation/achievement than physiological basics?

1. True   
2. False

The Five Levels of Maslow's Hierarchy of Needs
1.Physiological Needs
2.Safety Needs
3.Love/Belonging
4.Self-Esteem
5.Self-Actualization.

Q12. An autocratic leader usually is known for all of these traits except:

1. Listens well
2. Offers threats
3. Has tight control
4. Drives talent away

Q13. One of the negative consequences of groupthink, is a kind of narrowmindedness as result of the need to fit in?

1. True
2. False

A Member of a group feel the need to fit in by going along with the majority even if he/she has a better idea of his/her own. They dont want to risk rocking the boat or they fear for what others members might perceive them as.

Q14. One of the intend consequences of a Company with a positive image of Corporate Social Responsibility

1. The ability to use independent contractors to reduce the costs and not have to hire as many regular employees
2. The ability to attract and retain quality employees
3. Escaping wage and hour rules on paying overtime
4. Using contingent workers   

Q15 . Which one of the following is not a part of the SMARTER Goal acronym?

1. Specific
2. Accommodating
3. Measurable
4. Timely

Specific, Measurable, Achievable, Relevant and Timely

Q16. Entrepreneurs generally have a higher tolerance for risk than most corporate employees?

1. True
2. False

Source:Khilstrom and Laffont (1979) - a theory model predicts the most risk-averse people will become employees while those with low risk aversion will become entrepreneurs.

Q17. Why do most small businesses fail?

1. Accumulating too much debt
2. Management can’t decide on a business plan
3. Over planning
4. The cost of replacing products under warranty

Q18.Which of the following is an example of a successful online B-to-C business model?

1. Tesla
2. PG&E
3. Amazon
4. CVS Pharmacy   

Q19.Online businesses like Facebook have been recently criticized because they have used electronic monitoring to?

1. Share personal data with outside organizations
2. Raised subscription prices based upon data usage
3. Fund political campaigns out of profits
4. Hire new employees based upon the volume of individual “likes” on the applicant’s social media account

Q20. A proper business plan starts with the definition of the problem the business is trying to solve and provides the reader with?

1. An example of the banking relationships of the business
2. An example of the employee handbook
3. The business solution
4. The management team’s understanding of supply chain