Melanie Meyers, Who Has Launched Several Successful Entrepreneurial Firms, Seems

question 10

Multiple Choice

Melanie Meyers, who has launched several successful entrepreneurial firms, seems to have a "sixth sense" that allows her to see opportunities that others miss. Melanie's ability is referred to as:

• A) individual awareness
• B) cognitive alertness
• C) entrepreneurial alertness
• D) individual readiness
• E) cognitive readiness

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Definitions:

Compensable Factors

Characteristics of jobs that are valued by the employer and are compensated for in the form of wages, salaries, or benefits.

Stock-Option Plan

a compensation scheme that gives employees the option to buy company shares at a predetermined price, usually as an incentive or reward.

Senior Managers

Individuals at the highest level of organizational management who are responsible for the strategic direction and success of the company.

Predetermined Price

A price set in advance for a transaction, contract, or agreement, often used in budgeting and forecasting.