Which of the Following Is True About the Typical Growth

question 60

Multiple Choice

Which of the following is true about the typical growth pattern of a small business?

• A) Owners do not need to give managers a financial interest in the business to hold them.
• B) The length of service of professional managers (as opposed to owner-managers) in small businesses tends to be relatively long.
• C) Owners typically hire professional managers as soon as they start their business.
• D) Professional managers who work in small companies move from one company to another as they progress upward in rank and earnings.

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Definitions:

PLCs

Programmable Logic Controllers, specialized computers used to control industrial machines and processes.

Input Device

A hardware or component that allows information to be provided to a computer or machine, such as a keyboard, mouse, or sensor.

Output Device

An apparatus that converts electrical signals into physical actions or representations, such as actuators, motors, or displays.

Actual Scan Time

The real time taken for a PLC to complete one cycle of reading inputs, executing the program, and updating outputs.