Question 1

The personal interview tends to be the most accurate instrument used to hire people because it results in selecting the person with the best skills for the job.

Accepted Answer

A) True 
 B)False

Question 2

In Expectancy Theory,the belief that good performance will be rewarded is known as

Accepted Answer

A)  expectancy. 
B)  valence. 
C)  instrumentality. 
D)  fairness. 
E)  procedural justice.

Question 3

Explain why feedback is a necessary part of goal setting in order to make goal setting a good motivational tool.

Accepted Answer

The answer of Explain why feedback is a necessary part...

Question 4

Which of the following is not a true statement addressing how entrepreneurs can maintain motivation among employees?

Accepted Answer

A)  Entrepreneurs should update employees on training needed to perform the job well. 
B)  There must be a close link between performance and rewards in order to keep employees on track to achieving their goals. 
C)  Wanted rewards might not be monetary. 
D)  Training should be given to increase knowledge on the job to maintain motivation. 
E)  Determining how to use new equipment should be left up to the employees in order to be a challenge.

Question 5

The type of conflict based on different perceptions of an idea is known as cognitive conflict.

Accepted Answer

A) True 
 B)False

Question 6

Define transformational leadership. Identify and explain the characteristics that are associated with transformational leadership.

Accepted Answer

The answer of Define transformational leadership. Identify and explain the...

Question 7

A business has many employees who like flexible working hours. Because the flexible working hours do not interfere with good performance,the manager decides to use flexible working hours as a reward. In this situation,flexible working hours are what type of reward?

Accepted Answer

A)  Physical fitness reward. 
B)  Merit pay reward. 
C)  A control barrier reward. 
D)  An affective commitment reward. 
E)  A nonmonetary reward.

Question 8

If an employee believes that there is a strong tie between effort,performance,and rewards,his or her motivation will be high.

Accepted Answer

A) True 
 B)False

Question 9

Assume that you are an entrepreneur and you want to reward your employees by giving them a certain percentage of the profits that the business earns. This is known as

Accepted Answer

A)  employee stock ownership plan. 
B)  stock option. 
C)  free-riding. 
D)  profit sharing. 
E)  None of the above are correct.

Question 10

Lisa Runo,a local broker,is having trouble getting her employees to achieve their individual goals. Consequently,she decided to give incentives to those who reach their goals. Incentives are a way to increase __________ among employees.

Accepted Answer

A)  company vision 
B)  motivation 
C)  employee turnover 
D)  employee relations 
E)  sincerity

Question 11

A reward that gives the recipient the right to purchase shares of the company at a given price is known as

Accepted Answer

A)  distributive justice. 
B)  procedural justice. 
C)  cash bonus. 
D)  stock option. 
E)  expectancy.

Question 12

Which of the following is an important criterion to be considered when setting goals for employees.

Accepted Answer

A)  Goals must be challenging. 
B)  Feedback must be given so individuals know their status in obtaining their goals. 
C)  Goals must be possible to achieve. 
D)  All employees should accept the goals. 
E)  All of the above

Question 13

After the hiring process,the next important thing is to make sure that trained employees stay with the company.

Accepted Answer

A) True 
 B)False

Question 14

An entrepreneur believes that her employees will act in the ways they promised because they know they will be punished if they do not,the manager is relying upon

Accepted Answer

A)  identification-based trust. 
B)  calculus-based trust. 
C)  justice-based trust. 
D)  personal-based trust. 
E)  None of the above are true.

Question 15

It is common for an entrepreneurship to have more detailed job descriptions and job analyses than larger companies because smaller businesses tend to not have all the formal training and therefore rely more on the paperwork.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is good advice when negotiating to resolve a conflict?

Accepted Answer

A)  use a win-lose approach. 
B)  Try to understand the real issues. 
C)  Do not broaden the scope of the issues considered. 
D)  Be secretive so the other side does not gain an advantage. 
E)  If you worry about the other side losing face, you will lose.

Question 17

Feedback has been found to be not important to make a goal more motivational.

Accepted Answer

A) True 
 B)False

Question 18

An entrepreneur uses raises in salary and bonuses to influence employees. This is associated with what type of leadership?

Accepted Answer

A)  Transformational. 
B)  Transactional. 
C)  Social identification. 
D)  Competency profiling. 
E)  Structured interviews.

Question 19

Competency profiling is not legal to use in deciding which candidate to hire.

Accepted Answer

A) True 
 B)False

Question 20

Rewarding the "employee of the month" with the closest parking spot could be a way to...

Accepted Answer

A)  get around budget cuts. 
B)  reward employees with something they really want. 
C)  maintain motivation. 
D)  encourage individuals to achieve goals. 
E)  All of the Above.

Exam 12: Managing New Ventures For Growth

The personal interview tends to be the most accurate instrument used to hire people because it results in selecting the person with the best skills for the job.

In Expectancy Theory,the belief that good performance will be rewarded is known as

Explain why feedback is a necessary part of goal setting in order to make goal setting a good motivational tool.

Which of the following is not a true statement addressing how entrepreneurs can maintain motivation among employees?

The type of conflict based on different perceptions of an idea is known as cognitive conflict.

Define transformational leadership. Identify and explain the characteristics that are associated with transformational leadership.

A business has many employees who like flexible working hours. Because the flexible working hours do not interfere with good performance,the manager decides to use flexible working hours as a reward. In this situation,flexible working hours are what type of reward?

If an employee believes that there is a strong tie between effort,performance,and rewards,his or her motivation will be high.

Assume that you are an entrepreneur and you want to reward your employees by giving them a certain percentage of the profits that the business earns. This is known as

Lisa Runo,a local broker,is having trouble getting her employees to achieve their individual goals. Consequently,she decided to give incentives to those who reach their goals. Incentives are a way to increase __________ among employees.

A reward that gives the recipient the right to purchase shares of the company at a given price is known as

Which of the following is an important criterion to be considered when setting goals for employees.

After the hiring process,the next important thing is to make sure that trained employees stay with the company.

An entrepreneur believes that her employees will act in the ways they promised because they know they will be punished if they do not,the manager is relying upon

It is common for an entrepreneurship to have more detailed job descriptions and job analyses than larger companies because smaller businesses tend to not have all the formal training and therefore rely more on the paperwork.

Which of the following is good advice when negotiating to resolve a conflict?

Feedback has been found to be not important to make a goal more motivational.

An entrepreneur uses raises in salary and bonuses to influence employees. This is associated with what type of leadership?

Competency profiling is not legal to use in deciding which candidate to hire.

Rewarding the "employee of the month" with the closest parking spot could be a way to...