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BML Final Set 7
Test Description: BML Final Set 7
Instructions: Answer all questions to get your test result.
1) The process of starting, organizing, managing and assuming responsibility for a business is called
A
capitalism.
B
entrepreneurship.
C
leadership.
D
management.
2) Which of these is NOT a typical source for entrepreneurs?
A
copying exactly what someone else is doing
B
new channels of distribution
C
innovations on old products or services
D
new inventions
3) Which of these is an important factor in becoming an entrepreneur?
A
having independent wealth prior to beginning
B
having an advanced degree in business
C
living in or near a major city
D
being able to develop marketable ideas
4) Which of these is NOT an important factor in becoming an entrepreneur?
A
having special skills and abilities
B
having family who is entrepreneurial
C
developing a good initial business plan
D
being driven to be your own boss
5) Entrepreneurs
A
always start their first business in their teens.
B
must have a business degree.
C
have a low tolerance for ambiguity.
D
come from all age categories and backgrounds.
6) Employees who experience ___ are more likely to be satisfied with their jobs.
A
always being assigned tasks they dislike
B
recognition for doing their job well
C
poor working conditions
D
poor communication
7) Employees who experience ____ are less likely to be satisfied with their jobs.
A
inconsistent application of company policies
B
managers who adapt their management style to the situation
C
rotation in the assignment of unpopular tasks
D
clear explanations of tasks and management expectations
8) Mac has 25 years of experience in his field and has won numerous company awards for his work. He is most likely to have
A
expert influence
B
identity influence
C
reward influence
D
position influence
9) Greg is a super-nice guy and always sends flowers on people's birthdays. He is most likely to have
A
reward influence
B
identity influence
C
position influence
D
expert influence
10) Kristi is a know-it-all who annoys her employees on a regular basis. However, she is the manager, so she is likely to have
A
identity influence
B
reward influence
C
expert influence
D
position influence
*select an answer for all questions
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