BUS 210 Week 4 Knowledge Check
1) Which of the following best defines the entrepreneurship process?
2) How do managers help the company’s stakeholders?
3) What is the difference between an employee and a manager?
4) Jones (2007) describes a three-stage business plan used by managers. Which of the following is one of the stages?
5) When an entrepreneur uses advancing technology to find a new way to make or supply a product, the entrepreneur utilizes which of the following opportunities?
6) Which answer contains the three types of entrepreneurial activities?
7) Which examples best describes an organizational opportunity?
8) What is the primary role of a non-managerial employee?
9) Which of the following best describes the employee “role”?
10) Which of the following best describes how an employee can increase his or her chances of being promoted inside an organization?
11) Which managerial function describes the process mangers use to determine the best business model for the company?
12) Planning is typically performed by
13) Which is one of the three stages in planning?
14) What process do managers use to develop formal lines of authority that include task allocation?
15) Which of the following best describes organizational culture?
16) Which of the following best describes organizational structure?
17) Which of the following leadership terms refers to groups of managers pooling their human resources to leverage different perspectives and talent?
18) Leading involves being able to enlist others in the company vision and motivate them to accomplish organizational goals. Which of the following is required to effectively lead?
19) According to jones (2007), how is leading defined relative to the four functions of management?
20) How is controlling defined relative to the four functions of management?
21) Which of the following types of action would be appropriate when a manager determines that a competitor’s process is more efficient?
22) What is the definition of a business plan?
23) When is a business plan developed?
24) What type of information is within a business plan?
25) What are the four elements of SWOT analysis?
26) A detailed SWOT analysis would classify a well developed and informed business model as a
27) A detailed SWOT analysis would classify a poorly designed marketing plan as a
28) A detailed SWOT analysis would classify competition in the industry or market as a
29) Higher level managers typically devote more time to which of the following efforts?
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BUS 210 Week 4 Knowledge Check
BUS 210 Week 4 Knowledge Check
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BUS 210 Week 4 Knowledge Check
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