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1)Although the split between those working in small companies and those working

ID: 1240391 • Letter: 1

Question

1)Although the split between those working in small companies and those working in big companies is about even, large companies:
hire less frequently and fire less frequently than small companies.
develop more patents per employee than small companies.
offer employees a more innovative-friendly environment than small companies.
are more likely than small firms to offer U.S. workers their first job when they enter the business world.

2)Improving customer-satisfaction score on dependability is best characterized as a(n) _____ goal.
strategic
tactical
managerial
executive

3)A franchise business is appealing because franchisers _____.
provide a proven business model
will buy your excess inventory
will supply temporary managerial help
all of these

4)Although a _____ allows managers to take the business concept beyond the idea stage, it doesn't accomplish the actual work.
plan
vision
mission
goal

5)The statement "The company forecasts sales of $20,000 and profit of $2,000 for the first 12 months of operations" is best characterized as a _____.
functional goal
matrix objective
company objective
quantifiable goal

Explanation / Answer

1.hire less frequently and fire less frequently than small companies. 2.strategic 3.all of these 4.vision 5.quantifiable goal