Online Access Free Principles-of-Management Practice Test

What is the most common way for entrepreneurs to finance a start-up business? Choose 1 answer

• A.Venture capital
• B.Initial public offering
• C.Personal funds
• D.SBA loan

What is a Benefit of a boundaryless organization? Choose 1 answer

• A.Employees are free to apply for other positions.
• B.Employees are allowed to form a union.
• C.Employees have access to all buildings.
• D.Employees may express their opinions freely.

What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer

• A.Venture capitalism
• B.Benchmarking
• C.Competitive innovation
• D.Intrapreneurship

A company is attempting to be efficient by offering a no-trills product. What type of strategy is the company pursuing? Choose 1 answer

• A.Operational
• B.Resource
• C.Functional
• D.Low-cost

Which employee selection instrument would be most appropriate when trying to determine how well an individual can participate in a variety of physical job requirements? Choose 1 answer

• A.Performance test
• B.Cognitive ability test
• C.Personality ambitions test
• D.Integrity test