Please answer all the questions with the question number and thecorrect answer (letter) next to it :)
27-Some of the best ways to learn about small businessinclude:
| A | Learn from successful entrepreneurs in the field. |
| B | College classes on small business. |
| C | Working in the field either in as an intern or employee. |
| D | All of the above. |
28-
By becoming certified as a welder, a manager can go a long waytoward acquiring the _________ skills managers need to rise throughthe ranks of their area of specialization. |
| A | |
| B | technical |
| C | human relations |
| D | secondary |
31-Because in bureaucracies it can take weeks or months to haveinformation passed down to lower-level employees:
| A | Bureaucracies are very efficient in information flow. |
| B | Bureacracies often empower employees to make whatever decisionthey feel is appropriate. |
| C | the employees feel like they are important to the organizationsdecision-making process |
| D | Bureaucracies can annoy customers. |
34-
Skills that involve communication and motivation are all part ofa manager's _________ skills. |
| A | | technical |
| B | | theoretical |
| C | | empirical |
| D | | human relations |
42-
Because both or all partners in a partnership have unlimitedliability: |
| A | | You should choose your partner(s) carefully |
| B | | You should have a carefully written partnership agreement |
| C | | you are only liable for the money you invest in thebusiness. |
| D | | A & B are correct. |
43-Disadvantages of LLCs include
| A | No stock, therefore ownership is nontransferable |
| B | unlimited liability |
| C | unlimited life span |
| D | none of the above |
