Which of the Following Is True of Home Businesses

question 66

Multiple Choice

Which of the following is true of home businesses?

• A) It is very difficult to set up.
• B) It requires a very high initial capital to start up.
• C) It does not allow one to work away from his or her employer.
• D) It provides highly variable income.

Recognize the implications of the "economic man" theory in decision-making.

Understand the role of standard operating procedures and how they influence decision-making in organizations.

Explain the importance of involving a range of stakeholders in the decision-making process to ensure quality and innovation.

Identify and analyze the common elements found in failed decisions.

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Definitions:

Transmission Tailshaft

The rear section of a vehicle's transmission, connecting to the driveshaft, that transfers power from the transmission to the wheels.

Mating Gear

Refers to a gear that engages with another gear to transmit force and motion in mechanical systems.

Climbing

A gear problem caused by excessive wear in intermeshing gears or bearings. Climbing occurs when intermeshing gears move apart sufficiently for one gear to climb over the apex of its mate.

Zero Lash

The condition or adjustment in a mechanical system where there is no slack or play between the parts, resulting in precise and immediate response to input.