BY RICHARD L. DAFT UNDERSTANDING MANAGEMENT (9TH EDITION) LATEST UPDATE QUESTIONS AND ANSWERS TEST BANK

BY RICHARD L. DAFT UNDERSTANDING
MANAGEMENT (9TH NINTH EDITION) LATEST
UPDATE QUESTIONS AND ANSWERS TEST
BANK




TEST BANK

,Appendix A—Managing Small Business Start-Ups


True/False

1. Sole Proprietorships Are The Fastest Growing Segment Of Small Business In Both The U.S.
And Canada.

Answer: T Pts: 1 Dif: 1 Ref: 600
Nat: Aacsb Analytic | Creation Of Value Typ: F

2. The Fastest Growing Segment Of Small Business In Both The U.S. And Canada Is
Partnerships.

Answer: F Pts: 1 Dif: 1 Ref: 600
Nat: Aacsb Analytic | Creation Of Value Typ: F

3. The Process Of Initiating A Business Venture, Gathering And Organizing The
Appropriate Resources, And Assuming The Associated Risks And Rewards Refers To
Entrepreneurship.

Answer: T Pts: 1 Dif: 1 Ref: 600
Nat: Aacsb Analytic | Creation Of Value Typ: F

4. Sole Proprietorships Are The Fastest Growing Segment Of Small Business.

Answer: T Pts: 1 Dif: 1 Ref: 600
Nat: Aacsb Analytic | Strategy Typ: F

5. Entrepreneurs In The Sustainer Category Are Rewarded By The Personal Satisfaction Of
Being Business Owners.

Answer: F Pts: 1 Dif: 2 Ref: 600
Nat: Aacsb Analytic | Creation Of Value Typ: F

6. Entrepreneurs In The Sustainer Category Alike The Chance To Balance Work And Personal
Life And Often Don't Want The Business To Grow Too Large.

Answer: T Pts: 1 Dif: 2 Ref: 600
Nat: Aacsb Analytic | Creation Of Value Typ: F

7. Entrepreneurs In The Optimizer Category Are Rewarded By The Personal Satisfaction Of
Being Business Owners.

Answer: T Pts: 1 Dif: 2 Ref: 600
Nat: Aacsb Analytic | Creation Of Value Typ: F

8. Hard Workers, Who Thrive On The Challenge Of Building A Larger More Profitable
Business, Consist Of 20% Of Small Business Owners.

,Answer: T Pts: 1 Dif: 3 Ref: 601
Nat: Aacsb Analytic | Individual Dynamics Typ: F




590

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