The Key to the Success of Many Entrepreneurs Is That

question 18

Multiple Choice

The key to the success of many entrepreneurs is that they launch ventures that:

• A)aim to satisfy unfilled needs.
• B)have a product orientation.
• C)exclusively focus on distributing innovative products.
• D)depend on heavy doses of personal selling and advertising.
• E)have a sales orientation.

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Definitions:

Job Rotation

involves periodically moving employees to different tasks or roles within an organization to promote skill development and reduce monotony.

Job Enlargement

The process of increasing the range and variety of tasks assigned to a job to enhance job satisfaction and employee engagement.

Clustering Jobs

The practice of grouping similar or related occupational roles or positions within an organization to improve efficiency and effectiveness.

Natural Groups

Informal groups that form organically based on social interactions, common interests, or shared values among members.