1.
If a business has a bad quarter, it is almost always a sign that the business is being mismanaged.
True
False
2.
Businesses should not take risks once they are established and successful.
True
False
3.
Which of the following is the best example of an indirect competitor for Krispy Kreme?
McDonald's
Cinnabon
Starbucks
Pizza Hut
4.
Why does specialization of labor often accompany the growth of a small company to a large one?
Larger companies can always pay higher salaries, so they can hire specialists.
Until they have a human resources department, businesses cannot recruit specialists.
The owners of the company lose track of the company's goals as operations increase.
As the work load increases, employees become less able to work in multiple roles.
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