Question

11. Michsel is a successtul financial advisor looking to invest money directly into s new consalting business in return for equity in the company, Michael is an example of sn) A) acrial eatrepeeneur B) entreprepeur C) angel investor D) intrapreneur 12. A(n) program is initiated by an employee who conceives of an idea. A) skunkworks B) pacing C) wealth creation 13, ure specific geogrsphic areas designated for economic revitalization. A) Ecoromic stimulus zones B) Investor zones C) Enterprise zones D) Commerce areas 14. Which level of management inctudes job titles such as general manager, division mapager, or plant manager? A) staff management B) top managemeot )middle management D) supervisory managemen 15. When Carla instructs new employees cn handling customer complaints, she modivates them to respond with patience and a positive attitude, Carla has effective akills A) conceptual B) visionary C intuitive D) humar 16. Which of the four functions of management creates a well-designed road map of the actions peeded to lead a company forward? A) organizing B) directing C) controling D) planning

Answer 1

Solution:
11 ) Michael is a successful financial advisor looking to invest money directly into a new consulting business
in return for equity in the company. Michael is an example of a(n)
C ) Angel Investor
An Angel investor is an individual who provides capital for a business start-up usually in exchange for
Convertible Debt or Equity
12 ) A(n) ________ program is initiated by an employee who conceives of an idea.
A) skunkworks
A project is first initiated by an employee who conceives an idea, he convinces top management of its potential,
and then hires human and other resources from within the company to the idea into a commercial project.
13) _____ are specific geographic areas designated for economic revitalization.
C) Enterprise zones
Enterprise Zone is a geographical area , located in neighborhood city, where government grants exemptions
and special tax in order to promote economic development
14) Which level of management includes job titles such as general manager, division manager, or plant manager?
C ) Middle Management
15 )When Carla instructs new When Carla instructs new customer complaints, she motivates them to respond with patience and a
positive attitude .Carla has effective ------ skills
D) Human
Human skills Deals with communication and managing interactions with people, It is an individual ability to understand other
people or employees and work together effectively in teams.
16) Which of the four functions of management creates a well-designed road map of the actions needed to lead a company forward?
D) Planning
Planning is a process done by management to assess organizational goals and create a detailed plan of action to meet the goals