Questions from Business Foundation

Q: a. What are the advantages of a partnership? b

a. What are the advantages of a partnership? b. What are the disadvantages of a partnership?

Q: Circle the letter before the most accurate answer. 6.

Circle the letter before the most accurate answer. 6. A general rise in the level of prices is called a. free enterprise. b. inflation. c. gross domestic product. d. depression. e. monopoly. 7. A mark...

Q: a. Describe how research and development leads to new products.

a. Describe how research and development leads to new products. b. What is the difference between basic research, applied research, and development and implementation? c. Explain why product extension...

Q: a. How is the production of services similar to the production

a. How is the production of services similar to the production of manufactured goods? b. How is production of services different from the production of manufactured goods? c. How can service firms mea...

Q: a. List the major activities involved in operations management.

a. List the major activities involved in operations management. b. What steps have U.S. firms taken to regain a competitive edge in the global marketplace? c. What is the difference between an analyti...

Q: a. In what ways can informal groups affect a business?

a. In what ways can informal groups affect a business? b. How is the grapevine used in a business organization?

Q: a. What is the difference between a committee and a task

a. What is the difference between a committee and a task force? b. What are the advantages and disadvantages of using committees?

Q: a. What is corporate culture? b. Explain the

a. What is corporate culture? b. Explain the four types of corporate cultures.

Q: a. Describe the two spans of management. b.

a. Describe the two spans of management. b. What are problems associated with each one?

Q: a. Identify and describe the three steps in the delegation process

a. Identify and describe the three steps in the delegation process. b. Differentiate decentralized organization and centralized organization.