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- Your friend is a Vice President of HR. He says, “Most CEO’s, when asked by the Board ofDirectors to resign, fight to keep their jobs.” Is this correct?What must an entrepreneur do to earn a profit? How do the actions of firms earning profits influence the value of resources?A team is much more than a group of people brought together. What factors contribute to effective teams? How might you go about building a high performing innovation team using this information?
- Which of the following qualities describe entrepreneurs?Choose one answer.a. Innovators b. Risk takers c. Creators of improved products d. All of the aboveExplain the managerial skills that makes a successful entrepreneurA company hires you as an HR consultant to guide the company about its change process from bureaucratic to team-based organizational structure. What advice you will give to this company? a. Increase the centralization of decision making b. Increase the managerial levels and more supervision c. Design jobs with less autonomy d. Design jobs based on higher autonomy