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14 Aug 2018

7) When is an industry likely to be dominated by small business firms? a) b) c) d) where a lot of resources are needed where few resources are needed where machine, materials, employees, and money are needed where considerable resources, a distribution network, and advertising are needed

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Bunny Greenfelder
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15 Aug 2018
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Related questions

11) Which of the following is a reason why an industry might have become an oligopoly: a) b) a highly educated labour force is necessary for firms to gain competitive advantage there are barriers to entry, such as large amount of capital needed the supply of natural resources is plentiful, and they are inexpensive to obtain customers seek products with national distribution

15) Which of the following is NOT likely to be a cause of failure for a small business? a) b) Using the corporate form when a sole proprietorship would be more appropriate Insufficient capital Lack of managerial skills by the founder Personal problems that keep the founder from attending to the business c) d)

Which of the following statements about cultural differences in the workplace is most accurate?
A. The best way to deal with cultural differences in the workplace is to treat everyone the same way
B. Cultural differences were once a major problem, but television, telecommunications, e-mail, and the Internet have brought people closer together and greatly reduced cultural differences
C. Managers must be very aware of cultural differences and recognize that different employee may respond best to different management and motivational styles
D. Only firms that hire a lot of foreign-born workers are likely to have problems dealing with cultural differences. Workers born in the United States tend to have a common set of values and attitudes, regardless of age or social background

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