Entrepreneurship 13 Review

A mentor doesn't necessarily have much experience in the industry but can be a valuable asset.

• True

• False

Managers are concerned with only one part of the business.

• True

• False

Interpersonal skills are among the most important skills a leader can have.

• True

• False

Managers should be able to identify problems and take measures to solve it.

• True

• False

The disadvantage of the laissez-faire management style is that it does not work if the staff has little experience.

• True

• False

The business plan and investors determine the leader's management style.

• True

• False

The consulting management style works well in many different business environments.

• True

• False

Money is the only incentive a manager can use to motivate employees.

• True

• False

All effective managers empower their employees, regardless of which type of management style they use.

• True

• False

Effective listeners engage in active listening for specific information and identify the purpose of the speaker

• True

• False