24) Research indicates that ________ is the most important characteristic required for successfulleadership.A) drive B) intelligenceC) business knowledge D) self esteem25) Employees who feel used by their company ________. 26) One of the most important things you can do when you start a business is to learn how to manageyour ________ so that you can get more done with efficiency.27) Why are entrepreneurs not always the best managers for their businesses?
A) Entrepreneurs are lazy.B) Managers are better at coming up with fresh ideas for new businesses than entrepreneurs are.C) Entrepreneurs tend to be creative types who get bored with the day-to-day details of runninga business.28) Many companies staff their human resources organizations using a ratio of one HR executiveper________ employees.28)29) Ways to value a business include comparison to other firms, benchmarking, or looking at amultiple of net earnings. Any of the methods is an attempt to arrive at a ________.29)30) Which of the following is a harvest strategy, not an exit strategy?31) A brand is a combination of name, logo, design that ________. A) expresses the philanthropic intentions of a company to consumersB) becomes associated in the minds of consumers with the products or services of a C) identifies the owner of a companycompany
832) To take a business public means to sell its stock on the stock market. The first offering of a business'stock has been acronymed ________.32)33) It typically requires at least ________ years to develop a company worth harvesting. 33)34) A(n) ________ is the amount of loss or damage that you agree to cover before any insurancecoverage takes over.35) If you purchase $250,000 worth of insurance to protect your restaurant, with a $10,000 deductible,how much money are you entitled to receive as a payout if a fire destroys your store which isvalued at $250,000?35)A) $250,000 B) $10,000 C) $240,000