Which of the Following Is Considered to Be an Entrepreneur

question 233

Multiple Choice

Which of the following is considered to be an entrepreneur?

• A) a self-employed person
• B) an MBA graduate hired by a firm to be its CEO
• C) a production-line worker
• D) a customer of a firm

Analyze the relationship between organizational culture, fit perspective, and performance.

Describe the strong-culture perspective and its implications for organizational performance.

Understand the concept of organizational socialization and its impact on transforming newcomers into effective organizational members.

Identify characteristics of adaptive and nonadaptive organizational cultures.

---

Definitions:

Required Return

This is the minimum rate of return on an investment that investors expect or require to make it worthwhile.

Accounts Payable

The amount of money a company owes its suppliers for goods and services purchased on credit.

Accounts Receivable

Financial dues from customers to a firm for goods or services that have been dispensed or availed but remain unpaid.

Inventory

An accounting term referring to goods and materials held by a business for the purpose of sale or production.