Quiz_6Fall2009Answers - AEM1230 Fall 2009 Quiz #6 November...

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AEM1230 – Fall 2009 Quiz #6 November 16 th , 2009 Pedro David Pérez Name of student _____________________________________________________ (please write your name on the back of this sheet as well) Student ID Number and Electronic ID ________________________________________ 1. Social capital refers to the knowledge, skills, talents, and abilities of the founders and employees of a business. a. True b. False 2. Since businesses that are just started are small, it is recommended that they not have a board of directors. a. True b. False 3. Conflict between team members can be very useful a. True b. False 4. Permanent employees are associated with ______ costs and temporary employees are associated with _______ costs. a. Both fixed b. Fixed, variable c. Fixed and variable, fixed and variable d. Variable, fixed e. Both variable 5. When choosing a partner to start a new business, it is better to chose one based on similarity rather than complementarity. a. True b. False 6. The term “gazelles” refers to companies that
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