Firms That Are Basically Under the Control of a Single

question 20

Multiple Choice

Firms that are basically under the control of a single individual and produce a limited number of products/services are referred to as following ______ mode.

• A)Entrepreneurial
• B)Intrapreneurial
• C)Managerial
• D)Corporate

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Definitions:

Negotiating Skills

The ability to effectively discuss and reach agreements or compromises between parties with differing opinions or needs.

360-Degree Feedback

is a performance appraisal method where employees receive confidential, anonymous feedback from the people working around them, including peers, subordinates, and supervisors.

Subordinates

Individuals who are lower in rank or position in an organization and are typically subject to the authority of superiors.

Peer

An individual who is equal to another in abilities, qualifications, age, background, and social status.