Question 1

Identify the basic dimension of organizational climate that describes the extent to which an employee feels a sense of cohesion and team spirit.

Accepted Answer

A)  Clarity 
B)  Standard 
C)  Esprit de corps 
D)  Commitment 
A)  Clarity 
B)  Standard 
C)  Esprit de corps 
D)  Commitment C

Question 2

Describe how there is a decline in the organizational morale at a troubled company.

Accepted Answer

Among those who notice trouble developing are the employees.They deal with customer returns,calls from creditors,and the like,and they wonder why management does not respond.They begin to lose confidence in management.Despite troubled times,the lead entrepreneur talks and behaves optimistically or hides in the office declining to communicate with employees,customers,or vendors.Employees hear of trouble from each other and from outsiders.They lose confidence in the formal communications of the company.Company turnover starts to increase.Morale erodes.It is obvious there is a problem and that it is not being dealt with.Employees wonder what will happen,whether they will be laid off,and whether the firm will go into bankruptcy.With their security threatened,employees lapse into survival mode.

Question 3

_____ refers to the problem of starting a firm around an idea without strategically analyzing the firm's opportunities.

Accepted Answer

Mousetrap myopia

Question 4

In rapid growth situations where cash burn rates are racing ahead of collections,what measures need to be in place to avoid chaos and possible collapse?

Accepted Answer

The possible measures to be adopted to t

Question 5

In the chain of greatness model,an entrepreneurial mind-set leads to _____.

Accepted Answer

widespread

Question 6

What is the formula for calculating a company's Net Liquid Balance (NLB)?

Accepted Answer

NLB = (Cash + Market

Question 7

_____ is not as liquid as receivables but still can be liquidated to generate quick cash.

Accepted Answer

The answer of _____ is not as liquid as receivables...

Question 8

In _____ bankruptcy,creditors force a troubled company into bankruptcy.

Accepted Answer

The answer of In _____ bankruptcy,creditors force a troubled company...

Question 9

The prospect of bankruptcy can provide a foundation for bargaining with creditors in a turnaround situation.

Accepted Answer

A) True 
 B)False

Question 10

What three areas does a turnaround specialist diagnose?

Accepted Answer

A turnaround specialist diagno

Question 11

In the context of selling inventory to raise quick cash,the sale of raw materials inventory to competitors is generally considered the best route.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is a primary cause of failure of a company?

Accepted Answer

A)  Culture 
B)  Management 
C)  Regulatory changes 
D)  Competitive pressure 
A)  Culture 
B)  Management 
C)  Regulatory changes 
D)  Competitive pressure

Question 13

In highly successful ventures,leadership is based on _____ rather than on authority.

Accepted Answer

The answer of In highly successful ventures,leadership is based on...

Question 14

Except for the owners,which group has the lowest claim in a bankruptcy situation?

Accepted Answer

A)  Commercial banks 
B)  Investors 
C)  Trade debt 
D)  Leasing companies 
A)  Commercial banks 
B)  Investors 
C)  Trade debt 
D)  Leasing companies

Question 15

In the _____ approach,a manager is seen as willing to relinquish his or her priorities and power in the interests of an overall goal,and the appropriate people are included in setting cross-functional or cross-departmental goals and in making decisions.

Accepted Answer

The answer of In the _____ approach,a manager is seen...

Question 16

Which bankruptcy law gives a firm immediate protection from creditors?

Accepted Answer

A)  Chapter 7 
B)  Chapter 11 
C)  Chapter 13 
D)  Chapter 6 
A)  Chapter 7 
B)  Chapter 11 
C)  Chapter 13 
D)  Chapter 6

Question 17

_____ is the most liquid noncash asset.

Accepted Answer

The answer of _____ is the most liquid noncash asset....

Question 18

The faster the rate of growth,the greater the potential for difficulty.

Accepted Answer

A) True 
 B)False

Question 19

The best route to quick cash is _____.

Accepted Answer

discountin

Question 20

Which of the following tasks involves the technique called subaccount analysis?

Accepted Answer

A)  Reconstructing a business 
B)  Determining the available cash 
C)  Analyzing the differences in financial statements 
D)  Determining where the money is going 
A)  Reconstructing a business 
B)  Determining the available cash 
C)  Analyzing the differences in financial statements 
D)  Determining where the money is going

Identify the basic dimension of organizational climate that describes the extent to which an employee feels a sense of cohesion and team spirit.

Describe how there is a decline in the organizational morale at a troubled company.

_____ refers to the problem of starting a firm around an idea without strategically analyzing the firm's opportunities.

In rapid growth situations where cash burn rates are racing ahead of collections,what measures need to be in place to avoid chaos and possible collapse?

In the chain of greatness model,an entrepreneurial mind-set leads to _____.

What is the formula for calculating a company's Net Liquid Balance (NLB)?

_____ is not as liquid as receivables but still can be liquidated to generate quick cash.

In _____ bankruptcy,creditors force a troubled company into bankruptcy.

The prospect of bankruptcy can provide a foundation for bargaining with creditors in a turnaround situation.

What three areas does a turnaround specialist diagnose?

In the context of selling inventory to raise quick cash,the sale of raw materials inventory to competitors is generally considered the best route.

Which of the following is a primary cause of failure of a company?

In highly successful ventures,leadership is based on _____ rather than on authority.

Except for the owners,which group has the lowest claim in a bankruptcy situation?

In the _____ approach,a manager is seen as willing to relinquish his or her priorities and power in the interests of an overall goal,and the appropriate people are included in setting cross-functional or cross-departmental goals and in making decisions.

Which bankruptcy law gives a firm immediate protection from creditors?

_____ is the most liquid noncash asset.

The faster the rate of growth,the greater the potential for difficulty.

The best route to quick cash is _____.

Which of the following tasks involves the technique called subaccount analysis?

The Global Entrepreneurial Revolution for a Flatter World

The Entrepreneurial Mind: Crafting a Personal Entrepreneurial Strategy

The Entrepreneurial Process

Clean Commerce and Sustainable Enterprise Movements Are an Opportunity Sea Change

Opportunity Recognition

Opportunities for Social Entrepreneurship

The Business Plan

The Entrepreneurial Leader and the Team

Ethical Decision Making and the Entrepreneur

Resource Requirements

Franchising

Entrepreneurial Finance

Obtaining Venture and Growth Capital

The Deal: Valuation, Structure, and Negotiation

Obtaining Debt Capital

The Family As Entrepreneur

The Harvest and Beyond

Filters

Exam 16: Leading Rapid Growth, Crises, and Recovery

Identify the basic dimension of organizational climate that describes the extent to which an employee feels a sense of cohesion and team spirit.

Describe how there is a decline in the organizational morale at a troubled company.

_____ refers to the problem of starting a firm around an idea without strategically analyzing the firm's opportunities.

In rapid growth situations where cash burn rates are racing ahead of collections,what measures need to be in place to avoid chaos and possible collapse?

In the chain of greatness model,an entrepreneurial mind-set leads to _____.

What is the formula for calculating a company's Net Liquid Balance (NLB)?

_____ is not as liquid as receivables but still can be liquidated to generate quick cash.

In _____ bankruptcy,creditors force a troubled company into bankruptcy.

The prospect of bankruptcy can provide a foundation for bargaining with creditors in a turnaround situation.

What three areas does a turnaround specialist diagnose?

In the context of selling inventory to raise quick cash,the sale of raw materials inventory to competitors is generally considered the best route.

Which of the following is a primary cause of failure of a company?

In highly successful ventures,leadership is based on _____ rather than on authority.

Except for the owners,which group has the lowest claim in a bankruptcy situation?

In the _____ approach,a manager is seen as willing to relinquish his or her priorities and power in the interests of an overall goal,and the appropriate people are included in setting cross-functional or cross-departmental goals and in making decisions.

Which bankruptcy law gives a firm immediate protection from creditors?

_____ is the most liquid noncash asset.

The faster the rate of growth,the greater the potential for difficulty.

The best route to quick cash is _____.

Which of the following tasks involves the technique called subaccount analysis?

The Global Entrepreneurial Revolution for a Flatter World

The Entrepreneurial Mind: Crafting a Personal Entrepreneurial Strategy

The Entrepreneurial Process

Clean Commerce and Sustainable Enterprise Movements Are an Opportunity Sea Change

Opportunity Recognition

Opportunities for Social Entrepreneurship

The Business Plan

The Entrepreneurial Leader and the Team

Ethical Decision Making and the Entrepreneur

Resource Requirements

Franchising

Entrepreneurial Finance

Obtaining Venture and Growth Capital

The Deal: Valuation, Structure, and Negotiation

Obtaining Debt Capital

The Family As Entrepreneur

The Harvest and Beyond

Filters