Chapter 3 - Management and Entrepreneurship

... are/is the need to feel safe, but is/are also related to the fear of losing a job.

• Physiological needs

• Security needs

• Social needs

• Esteem needs

Nike's decision to enter the fast foods market and leave clothing is an example of a...

• top level management decision

• middle level management decisions

• bottom level management decisions

• mezzanine level management decisions

Which of the following form part of the "funnel approach"?

• Micro environment

• Macro environment

• Market environment

• Mezzanine enviornment

A ...-preneur is someone who uses technological advancements to build a new business venture.

• socio

• techno

• eco

• tender

A person who is often found in a large business working as an employee who creates new ideas and converts them into products and services within the business is called...

• Middle Management

• Socio-preneur

• Techno-preneur

• Intrepreneur

Which of the following are activities performed by an entrepreneur?

• Raising of funds

• Procurement

• Recruitment

• Public Relations

• Market Research

Middle managers make these types of decisions

• Operational

• Day-to-day

• Strategic

• Tactical

Which of the following is an entrepreneurial competency?

• Assertiveness

• Information gatherer

• Credibility

• Persistence

• Experience

Which of the following does NOT form part of Maslow's Hierarchy of needs?

• Self-actualisation

• Social needs

• Political needs

• Security needs

• Persistence needs

True of false.

The democratic leadership style is also known as the autocratic leadership style.

• True

• False

• This is not part of Chapter 3