Answered: WHICH OF THE FOLLOWING IS NOT A…

WHICH OF THE FOLLOWING IS NOT A CHARACTERISTIC SHARED BY SUCCESSFUL ENTREPRENEUR? a. Passion. b. Product/customer focus. c. Tend to avoid risks as much as possible. d. Tenacity despite failure

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 2MC: Which of the following does not describe a management control system? A. establishes a companys...

See similar textbooks

Related questions

Q: There are some M&As, which are driven by cognitive errors such as managers’ hubris. Explain how…

A: The phrases "mergers" and "acquisitions" are sometimes used interchangeably although their meanings…

Q: Is business ethics an oxymoron?

A: Ethics: Business ethics refers to a set of moral codes and guidelines that governs corporate…

Q: he behavioral theories of leadership assume that the inborn qualities are sufficient for a leader to…

A: answer: The behavioral theories of leadership assume that the inborn qualities are sufficient for a…

Q: w could MIN() and MAX()In excell benefit a small business? Create an example where knowing such…

A: Min and Max are two excel formulas used to determine the Minimum and maximum value from the lot…

Q: a. An organization may accept the risk if it is prepared to absorb or mitigate the impact of the…

A: The risk response's purpose is to develop an organization-wide, uniform response to the risk frame.…

Q: Discuss the dangers of ignoring the impact of business decisions on the full range of stakeholders,…

A: In every business, decision-making is the most important thing for business continuity. Businesses…

Q: The research on LMX shows that effective leaders: Select one: O a. avoid exchange relationships with…

A: The leader–member exchange (LMX) theory is a relationship-based approach to leadership that focuses…

Q: Choose the correct. Which of the following does not represent a primary motivation for business…

A: Definition: Business combination: Business combination refers to the combining of one or more…

Q: .controlling c.decision

A: To explain the correct option as,

Q: Proponents of the EMH think technical analysts A) should focus on relative strength. B) should focus…

A: ACCORDING TO EMH, there is no way the investor beat the market.

Q: Consultant Frank Alvarez recently commented that the mostcommon error made by his clients is…

A: Given case is: Consultant Frank Alvarez recently commented that the mostcommon error made by his…

Q: What is Dell’s strategy for success in the marketplace? Does the company rely primarily on a…

A: The strategy that has helped company D to achieve huge success is the marketplace is its operational…

Q: bility of the consultant in bringing about a satisfactory relationsh lient, and consequently, the…

A: Accounting refers to the procedure of measurement, communication as well as processing the financial…

Q: Which of the following best characterizes an agency problem? Group of answer choices a spending…

A: In corporation managers are appointed by the shareholders for management of the company. There…

Q: If a company is operating with ethical marketing behavior it: changes customer feedback to be…

A: Marketing is the most important function of business. But doing it ethically is even more important…

Q: Chose the correct explanation of verifying the decision from the following: Select one: O a.…

A: Decision making process is defined as the process, which used to involve the identification of the…

Q: ch of

A: Management accounting reports only to internal parties mainly the managers since it helps them in…

Q: Identify all of the correct statements: a Managers act in their own interests, and so there is no…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: QUESTION 8 Which of the following about a business proposal is FALSE? An effective business…

A: Note: As per the Policy, We’ll answer the first question since the exact one wasn’t specified.…

Q: There is .... relationship between conservatism as accounting value and individualism as a culture…

A: The question is related to conservatism as accounting value and individual as culture values both…

Q: Which of the following is an example for "Neglect" strategy under EVLN Model of Job Satisfaction?…

A: Ans. d - Paying less attention to quality, and increasing absenteeism and lateness.

Q: Agency Theory suggests: A) The interests of the managers are aligned with the interest of…

A: Agency theory tries to emphasize on solving the conflicts between management and shareholders of a…

Q: Which of the following statements is not correct about ESG? a.A mature ESG presence helps companies…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Which statement is FALSE about product-market fit?

A: Product market fit is a strategy to find which product caters to the demand of the market. It is…

Q: Explain with an example why managers find it difficult to adopt a decision alternative even when the…

A: Below is the answer-

Q: Which of the following is not a personal characteristic often found in an entrepreneur? a) Self…

A: A business person or enterpreneurship is characterized by the individual danger they take on in…

Q: If a particular accounting choice is considered aggressive in nature, then the fi nancialperformance…

A: When a particular accounting choice is considered to be aggressive in nature then it affects the…

Q: Which of the following statements about the balanced scorecard approach is false? It requires…

A: A balanced scorecard approach is one of the approaches used as a management technique for assessing…

Q: “Let’s be more practical. DCF is not the gospel. Managers should not become so enchanted with DCF…

Q: dentify each of the following risks as most likely to be systematic risk or diversifiable risk: The…

A: Systematic risk is the risk which is caused by macroeconomic factors also known as market risk.…

Q: Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Reduce…

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Identify the factor that affects the faithful representation. a. Efficiency of computer systems b.…

A: Level of incomplete is a factor that affects the faithful representation.... Option D level of…

Q: Identify all of the correct statements: a. Managers act in their own interests, and so there is no…

A: The management and owner are the internal and important part of the business.

Q: Which of theses is a suggested guideline for fixing a follower's performance shortcomings? Select…

A: Performance means the way the employee is working and the report of the same is given to the…

Q: Recompute the effect of the order and make a recommendation to management. Indicate the better…

A: solution working note given information Selling price per unit 6 Less Direct…

Q: The tension between the interests of the CEO and the interests of long-term stakeholders helps to…

A: In corporate governance, there is a common issue of conflict between the interests of CEO and the…

Q: Which of the following marketing concepts believes that consumers will not buy enough of the…

A: The answer is Selling Concept

Q: Which of the following is not common motivation of an entrepreneur? a) Desire for independence b)…

A: Solution- To be a successful entrepreneur, its the motivation of the person that boost him up. To do…

Q: Describe an adverse selection problem a company is facing. What is the source of the asymmetric…

A: When one party in a transaction has more or better information than another. Generally, this type of…

Q: There is …….. relationship between professionalism as accounting value and power distance as a…

A: There are four types of accounting values: Professionalism Conservatism Secrecy Uniformity There…

Q: Use your own word to explain heuristics and In a business context,how would heuristics lead to poor…

A: Heuristic approach: Heuristic approach refers to a problem-solving approach that considers…

Q: Stakeholders are less likely to include which of the following groups?A. ownersB. employeesC.…

A: Accounting is the process of recording, summarising and analysing accounting information for the…

Q: The balanced scorecard provides an action plan for achieving competitive success by focusing…

A: The balanced scorecard seems to be a management method that aims to translate an organisation 's…

Question

WHICH OF THE FOLLOWING IS NOT A CHARACTERISTIC SHARED BY SUCCESSFUL ENTREPRENEUR? a. Passion. b. Product/customer focus. c. Tend to avoid risks as much as possible. d. Tenacity despite failure

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Which of the following is not common motivation of an entrepreneur? a) Desire for independence b) Search for personal and professional growth c) Desire to maintain the status quo d) Search for more rewarding work
Which of the following is not a personal characteristic often found in an entrepreneur? a) Self confident b) Independent minded c) Perceptive d) Follower
PAT assumes that managers behave in an efficient manner a. non b. False c. True d. depends on the loyalty and ethical issues
Economic stakeholders are all those who invest in the economic traffic with the business and who bear part of the risk. Group of answer choices True False
Who are entrepreneurs? What are the characteristics of a successful entrepreneur? Which of the following does NOT fit the description of entrepreneur? Group of answer choices a. An individual who thinks, reasons, and acts to convert ideas into commercial opportunities and to create value. b. An individual who sees and seizes a commercial opportunity. c. An individual who tends to be doggedly optimistic (perhaps even to a fault) d. An individual who plans to obtain the physical, financial, and human resources needed for the venture to succeed (ch1 slide) e. An individual who gives up at the first sign of difficulty and failure.
The likelihood that managers may place personal goals ahead of corporate goals is called an: a. agency problem b. stakeholder adversity c. strategic advantage d. opportunity cost
Are there common traits among entrepreneur that can guarantee success
Identify and discuss the drawbacks of an entrepreneur.
What is JetBlue’s strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operational excellence, or product leadership customer valueproposition? What evidence supports your conclusion?
What is Dell’s strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operational excellence, or product leadership customer value proposition? What evidence supports your conclusion?
Which of the following statements is most often the case? A. Socially responsible businesses tend to post higher profits than those not focused on social responsibility. B. Companies that are not socially responsible will have better profits, but have a moral obligation to society. C. Socially responsible investing gives poorer returns than non-socially responsible Investing. D. Investors are more short termed focus and so socially responsible investing should not be a factor in their investment portfolio.
Components of the organization that are demotivating for purposes of performance management are known as ______. A. business goals B. strategic plans C. uncontrollable factors D. incentives