Garner places great emphasis on operating his business to the highest standards

Garner places great emphasis on operating his

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52.Garner places great emphasis on operating his business to the highest standards of honesty and ethics. Garner likely believes:a.the end justifies the means.b.how you achieve is as important as what you achieve.c.the customer is always right.d.good guys finish last.ANS:BPTS:1DIF:Difficulty: EasyREF:p. 24-25OBJ:LO: 1-6NAT:BUSPROG: Reflective ThinkingKEY:Bloom’s: Synthesis53.Sometimes entrepreneurs spend so much time and energy building the business that relationships are destroyed. Which phrase best describes this misfortune?PTS:1DIF:Difficulty: EasyREF:p. 24OBJ:LO: 1-6NAT:BUSPROG: Reflective ThinkingKEY:Bloom’s: EvaluationMATCHINGMatch the term with its definition.
a.attractive small firmg.manager personalityb.corporate refugeeh.microbusinessc.entrepreneur personalityi.niche marketd.entrepreneurial opportunityj.reluctant entrepreneure.founderk.social entrepreneurshipf.high-potential venturel.technician personality1.A person who becomes an entrepreneur to escape an undesirable job situation2.A personality that is pragmatic and likes order and planning operations3.An economically attractive and timely opportunity that creates value for inrerested buyers or end users4.A specific group of customers with an identifiable but narrow range of product or service interests5.A small firm that provides substantial profits to its owner6.Entrepreneurial activity whose goal is to find innovative solutions to social needs, problems, and opportunities7.A small firm that has great prospects for growth8.A person who becomes an entrepreneur as a result of some severe hardship9.An entrepreneur who brings a new firm into existence10.A small firm that provides minimal profits to its owner11.A personality that focuses on the business as a whole and providing results for the customer1.ANS:BPTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6NAT:BUSPROG: AnalyticKEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: KnowledgePTS:1DIF:Difficulty: EasyREF:p. 2-25OBJ:LO: 1-1 to 1-6KEY:Bloom’s: Knowledge

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