Pierce's New Business Rocketed Upwards in Its First Year, but Its

question 50

Multiple Choice

Pierce's new business rocketed upwards in its first year, but its progress stagnated thereafter. His mentor noted that Pierce was having a hard time "letting go"-giving his two best employees responsibility to take on assignments that they were obviously ready to handle. In fact, Pierce was needlessly and constantly "looking over their shoulder" to check their work. As evidenced by these reasons, Pierce's entrepreneurial venture was being threatened by his failure to

• A) delegate.
• B) plan.
• C) go public.
• D) use formal control systems.
• E) properly use funds.

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Definitions:

Communicate

To convey or exchange information, thoughts, or messages through speech, writing, or signals.

Graded Potential

Graded Potential is a variable electric potential change in neurons that decreases in magnitude with distance from the stimulus source, contrary to the all-or-none response of action potentials.

Electrical Charge

A fundamental property of matter that causes it to experience a force when placed in an electromagnetic field.

Neuron

A cell in the nervous system that transmits information to other nerve cells, muscles, or gland cells.