Which of the Following Is True About Small Businesses, Entrepreneurship

question 57

Multiple Choice

Which of the following is true about small businesses, entrepreneurship, and educational institutions?

• A) Universities have discovered that by teaching entrepreneurship they are able to tap into a vast pool of funds to support such programs.
• B) Community colleges are reluctant to offer courses for small business owners.
• C) Today more students think working for big corporations is a safer haven than self-employment.
• D) Small business management is not an academically respected discipline.

Acknowledge how job size and organizational structure may influence commitment levels.

Determine the role of satisfying work in promoting organizational commitment.

Examine the potential conflicts between high levels of commitment and employees' personal life.

Understand the dynamics and reduction of prejudice and discrimination in society.

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Definitions:

Efficiency

Efficiency refers to the ability to accomplish a task or produce a desired outcome with the minimum amount of waste, expense, or unnecessary effort.

Goals and Tasks

Objectives that an organization or individual plans to achieve, along with the specific actions required to attain them.

Resources Available

The assets, materials, and other supplies that are readily accessible and can be used to achieve goals or complete tasks.

High Profit

A significant amount of earnings exceeding the costs and expenses of operating a business or investment.