Deck 12: Building and Managing a Winning Team

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Question
As described in the Chapter 12 opening case, what is the key to Charlene Webb's success?

A) transformational leadership style
B) part-time employment strategy
C) customer-driven organizational strategy
D) network organization
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Question
In which structure can jobs or functions, such as human resources and advertising, be contracted out to small businesses on an as-needed basis?

A) contract
B) functional
C) virtual
D) advisory
Question
What type of people do you need to establish a winning team?

A) people with similar personalities
B) people with similar skills
C) people who can complement your skills
D) people with different personalities
Question
Which personality type is represented by a person who is efficient, decisive, pragmatic, and independent?

A) driver
B) entrepreneurial
C) analytical
D) expressive
Question
When is the best time to get your new team together?

A) after you have clarified your organizational structure
B) before you start the business
C) after you have identified people who have exactly the same needs as you
D) after you have located enough people with driver and expressive personalities
Question
Which of the following questions must you avoid asking when interviewing prospective new employees?

A) What is your date of birth?
B) Why do you want to work for us?
C) What would your references say about you?
D) What do you expect from a boss?
Question
As described in the Chapter 12 case study, what does the author suggest was a major reason for the success of MSM Transportation?

A) proper financial planning and controls
B) a strong mechanistic structure
C) teamwork
D) a functional organizational structure
Question
In which of the following arrangements are individuals hired on a contract basis to perform a specific function?

A) associate
B) just-in-time
C) joint-contract
D) organic
Question
According to the text, what should be your first Action Step in setting up a team?

A) recruitment
B) analyze yourself
C) selection
D) plan your organizational structure
Question
Which of the following characterizes an organic structure?

A) uniform operating styles
B) emphasis on getting things done
C) structured channels of communication
D) reliance on tried-and-true management principles
Question
According to the textbook, which of the following organizational structures is the most widely used?

A) functional
B) geographical
C) customer driven
D) virtual
Question
Which of the following organizational structures inhibits risk-taking and the flow of information?

A) virtual
B) organic
C) bureaucratic
D) network
Question
Which of the following is a mutually beneficial partnership between a more experienced entrepreneur or businessperson and an entrepreneur who is in the infant or start-up phase of a venture?

A) mentoring
B) joint partnering
C) networking
D) coaching
Question
What is the term for a partnership formed for a specific undertaking that usually results in the formation of a new legal entity?

A) strategic business alliance
B) joint venture
C) strategic association
D) network organization
Question
Which of the following questions should be avoided when interviewing a job applicant?

A) For our records, what are the ages of your children?
B) How did you prepare for this meeting?
C) What do you expect from a boss?
D) What kinds of things disturb you on the job?
Question
Which of the following is responsible for small business employment issues related to human rights and employment standards?

A) federal government
B) provincial government
C) municipal government
D) the small business owner because it is common sense
Question
Which of the following actions by the "printer's broker" was responsible for the success of her business?

A) she hired the right team of full-time employees
B) she used the mechanistic model to structure her business
C) she built her business using part-time employees/subcontractors
D) she used the functional model to structure her business
Question
According to the text, an employee could end up costing you what percentage above their salary?

A) 10
B) 25
C) 40
D) 60
Question
In which type of organization structure are channels of communication highly structured, with a restricted flow of information?

A) mechanistic
B) organic
C) autonomous
D) fractured
Question
Which of the following involves creating a work climate that motivates people who believe in you and share your vision?

A) mission planning
B) leading
C) visioning
D) organizing
Question
According to the text, which of the following approaches to an organizational structure is one of the most widely used forms in small business?

A) transformational
B) management
C) functional
D) transitional
Question
Which organizational structure facilitates competition with larger firms by an independent business owner?

A) mechanistic
B) virtual
C) bureaucratic
D) participatory
Question
A general contractor pulls together a team of subcontractors who can be trusted to build a quality building. What type of team is this is an example of?

A) mechanistic
B) just-in-time
C) variable
D) floating
Question
Under which of the following conditions would you most likely be able to use the services of a contract employee or independent worker?

A) you pay by the hour
B) the work is task- or project-driven
C) you tell the worker when to start and stop
D) you supply the tools and equipment
Question
What is the first step when you decide to hire employees?

A) write a list of the qualifications these people will require
B) do a job analysis
C) determine who will do the required jobs
D) conduct an employee selection process
Question
According to a survey described in the text, how did some small businesses in Canada meet their business objectives while providing a good work environment?

A) employee assistance plan
B) higher wages
C) longer vacation time
D) offering commission
Question
Which of the following is included in the job analysis?

A) determine the methods of recruitment
B) determine the selection process
C) determine the compensation level
D) determine the jobs or functions
Question
What is Action Step 55?

A) conduct a personal assessment
B) find a mentor
C) consider who could be a part of your "as needed" team
D) determine who is in charge
Question
Which of the following is an independent team or small business that supports the functional needs of the main organization?

A) strategic business unit
B) strategic functional unit
C) strategic support unit
D) strategic independent unit
Question
What is Action Step 54?

A) understand your personal strengths and weaknesses
B) find a mentor
C) consider just-in-time teams
D) determine who is in charge of what
Question
Which of the following was the number-one recruitment method as revealed in a study involving more than 100 Canadian small businesses?

A) friends and relatives
B) walk-in
C) referrals
D) private agencies
Question
According to the textbook, leadership is about creating a work climate that motivates people to do what is expected of them.
Question
Strategic business units are independent teams or small businesses that support the functional needs of the main organization.
Question
Leading is about assigning responsibility for tasks that need to be accomplished and identifying who is to do these tasks.
Question
Charlene Webb (Chapter 12 case study) had a successful woman's specialty store because she hired and trained committed full-time employees.
Question
According to the textbook, a major reason for the success of MSM Transportation (Chapter 12 case study) was that the owners had different but complementary personalities.
Question
The personality grid in the textbook contains four kinds of personality traits: leadership, expressive, passive, and amiable.
Question
According to the textbook, studies show that the "transformational style" of leadership inspires higher performance.
Question
If you decide that you need to hire employees, your first step will be to write a list of the qualifications each new employee will require.
Question
Staffing decisions include recruitment and compensation considerations.
Question
In a job interview, it is advisable to confirm age and birth date.
Question
According to the textbook, hiring based on interviews has historically been a successful method of selection.
Question
If you hire a full-time employee, you will be required to provide vacation pay and make Employment Insurance (EI) contributions.
Question
Organizing is the management function concerned with such questions as "Who reports to whom?" and "How are the tasks to be grouped?"
Question
In an organic organizational structure, supervisors make decisions with minimum consultation and involvement of subordinates.
Question
The Shamrock model is a type of functional organization.
Question
According to the textbook, recent studies revealed that independent contractors will cost you about the same as full-time employees.
Question
According to the textbook, in an organic organizational structure, participation and group consensus are used frequently.
Question
Employee leasing can reduce administrative costs.
Question
According to the textbook, traditionally, most small businesses have been organized on the basis of function, geography, or type of customer.
Question
The virtual or network organization is a structure in which the major functions are broken up into strategic business units.
Question
A joint venture would have its own management and employees.
Question
According to the textbook, a strategic alliance usually involves the establishment of a separate new organization.
Question
An organic organizational structure would benefit from a transformational leadership style by the owner.
Question
The text recommends that your advisory team should have a formal structure.
Question
According to the textbook, because of the added expense, most small businesses do not provide their employees with flexible work arrangements or time off to care for family members.
Question
To ensure compatibility, a balanced team is composed of team members with similar personality types.
Question
According to the textbook, forward-thinking entrepreneurs like Charlene Webb (Chapter 12 case study) create an advisory team to help guide and direct the company.
Question
A strategic alliance is a mutually beneficial partnership between an experienced businessperson and an entrepreneur who is in the infant or start-up phase of a venture.
Question
According to the textbook, mentoring relationships don't always work. A frequent problem is breach of confidentiality.
Question
The just-in-time team is a group of individuals who are hired on a contract basis to perform a specific function.
Question
A team or group of individuals who are hired on a contract basis to perform a specific function is known as a _________________________________________.
Question
Creating a work climate that motivates people to do what is expected of them because they believe in what you are doing and share your vision is the definition of ________________.
Question
A structure in which the major functions are broken up into strategic business units is called a ________________ __________________.
Question
A mutually beneficial partnership between a more experienced entrepreneur or businessperson and an entrepreneur who is in the infant or start-up phase of a venture is called __________________.
Question
Employee benefits and services that are provided entirely or partly at the expense of the company are called ______________ ___________________.
Question
The first Action Step to creating a winning team is to ______ ________.
Question
A mutually beneficial partnership between a more experienced entrepreneur or businessperson and an entrepreneur who is in the infant, or start-up, phase of a venture is known as ___________________.
Question
List five characteristics of the virtual or network organization.
Question
Name and briefly describe three characteristics of the "transformational" style of leadership.
Question
List and briefly describe five benefits of the just-in-time team.
Question
Why is it important to do a self-analysis before hiring employees?
Question
What are five requirements to be an effective small-business mentor?
Question
In Chapter 12, we encouraged you to consider the "just-in-time" team. Briefly describe three just-in-time alternatives to hiring full-time staff.
Question
Briefly explain the differences between direct, indirect, and nonfinancial compensation. Give two examples of each kind of compensation.
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Deck 12: Building and Managing a Winning Team
1
As described in the Chapter 12 opening case, what is the key to Charlene Webb's success?

A) transformational leadership style
B) part-time employment strategy
C) customer-driven organizational strategy
D) network organization
part-time employment strategy
2
In which structure can jobs or functions, such as human resources and advertising, be contracted out to small businesses on an as-needed basis?

A) contract
B) functional
C) virtual
D) advisory
virtual
3
What type of people do you need to establish a winning team?

A) people with similar personalities
B) people with similar skills
C) people who can complement your skills
D) people with different personalities
people who can complement your skills
4
Which personality type is represented by a person who is efficient, decisive, pragmatic, and independent?

A) driver
B) entrepreneurial
C) analytical
D) expressive
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
5
When is the best time to get your new team together?

A) after you have clarified your organizational structure
B) before you start the business
C) after you have identified people who have exactly the same needs as you
D) after you have located enough people with driver and expressive personalities
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
6
Which of the following questions must you avoid asking when interviewing prospective new employees?

A) What is your date of birth?
B) Why do you want to work for us?
C) What would your references say about you?
D) What do you expect from a boss?
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
7
As described in the Chapter 12 case study, what does the author suggest was a major reason for the success of MSM Transportation?

A) proper financial planning and controls
B) a strong mechanistic structure
C) teamwork
D) a functional organizational structure
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
8
In which of the following arrangements are individuals hired on a contract basis to perform a specific function?

A) associate
B) just-in-time
C) joint-contract
D) organic
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
9
According to the text, what should be your first Action Step in setting up a team?

A) recruitment
B) analyze yourself
C) selection
D) plan your organizational structure
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
10
Which of the following characterizes an organic structure?

A) uniform operating styles
B) emphasis on getting things done
C) structured channels of communication
D) reliance on tried-and-true management principles
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
11
According to the textbook, which of the following organizational structures is the most widely used?

A) functional
B) geographical
C) customer driven
D) virtual
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
12
Which of the following organizational structures inhibits risk-taking and the flow of information?

A) virtual
B) organic
C) bureaucratic
D) network
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
13
Which of the following is a mutually beneficial partnership between a more experienced entrepreneur or businessperson and an entrepreneur who is in the infant or start-up phase of a venture?

A) mentoring
B) joint partnering
C) networking
D) coaching
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
14
What is the term for a partnership formed for a specific undertaking that usually results in the formation of a new legal entity?

A) strategic business alliance
B) joint venture
C) strategic association
D) network organization
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
15
Which of the following questions should be avoided when interviewing a job applicant?

A) For our records, what are the ages of your children?
B) How did you prepare for this meeting?
C) What do you expect from a boss?
D) What kinds of things disturb you on the job?
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
16
Which of the following is responsible for small business employment issues related to human rights and employment standards?

A) federal government
B) provincial government
C) municipal government
D) the small business owner because it is common sense
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
17
Which of the following actions by the "printer's broker" was responsible for the success of her business?

A) she hired the right team of full-time employees
B) she used the mechanistic model to structure her business
C) she built her business using part-time employees/subcontractors
D) she used the functional model to structure her business
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
18
According to the text, an employee could end up costing you what percentage above their salary?

A) 10
B) 25
C) 40
D) 60
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
19
In which type of organization structure are channels of communication highly structured, with a restricted flow of information?

A) mechanistic
B) organic
C) autonomous
D) fractured
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
20
Which of the following involves creating a work climate that motivates people who believe in you and share your vision?

A) mission planning
B) leading
C) visioning
D) organizing
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
21
According to the text, which of the following approaches to an organizational structure is one of the most widely used forms in small business?

A) transformational
B) management
C) functional
D) transitional
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
22
Which organizational structure facilitates competition with larger firms by an independent business owner?

A) mechanistic
B) virtual
C) bureaucratic
D) participatory
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
23
A general contractor pulls together a team of subcontractors who can be trusted to build a quality building. What type of team is this is an example of?

A) mechanistic
B) just-in-time
C) variable
D) floating
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
24
Under which of the following conditions would you most likely be able to use the services of a contract employee or independent worker?

A) you pay by the hour
B) the work is task- or project-driven
C) you tell the worker when to start and stop
D) you supply the tools and equipment
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
25
What is the first step when you decide to hire employees?

A) write a list of the qualifications these people will require
B) do a job analysis
C) determine who will do the required jobs
D) conduct an employee selection process
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
26
According to a survey described in the text, how did some small businesses in Canada meet their business objectives while providing a good work environment?

A) employee assistance plan
B) higher wages
C) longer vacation time
D) offering commission
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
27
Which of the following is included in the job analysis?

A) determine the methods of recruitment
B) determine the selection process
C) determine the compensation level
D) determine the jobs or functions
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
28
What is Action Step 55?

A) conduct a personal assessment
B) find a mentor
C) consider who could be a part of your "as needed" team
D) determine who is in charge
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
29
Which of the following is an independent team or small business that supports the functional needs of the main organization?

A) strategic business unit
B) strategic functional unit
C) strategic support unit
D) strategic independent unit
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
30
What is Action Step 54?

A) understand your personal strengths and weaknesses
B) find a mentor
C) consider just-in-time teams
D) determine who is in charge of what
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
31
Which of the following was the number-one recruitment method as revealed in a study involving more than 100 Canadian small businesses?

A) friends and relatives
B) walk-in
C) referrals
D) private agencies
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
32
According to the textbook, leadership is about creating a work climate that motivates people to do what is expected of them.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
33
Strategic business units are independent teams or small businesses that support the functional needs of the main organization.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
34
Leading is about assigning responsibility for tasks that need to be accomplished and identifying who is to do these tasks.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
35
Charlene Webb (Chapter 12 case study) had a successful woman's specialty store because she hired and trained committed full-time employees.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
36
According to the textbook, a major reason for the success of MSM Transportation (Chapter 12 case study) was that the owners had different but complementary personalities.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
37
The personality grid in the textbook contains four kinds of personality traits: leadership, expressive, passive, and amiable.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
38
According to the textbook, studies show that the "transformational style" of leadership inspires higher performance.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
39
If you decide that you need to hire employees, your first step will be to write a list of the qualifications each new employee will require.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
40
Staffing decisions include recruitment and compensation considerations.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
41
In a job interview, it is advisable to confirm age and birth date.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
42
According to the textbook, hiring based on interviews has historically been a successful method of selection.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
43
If you hire a full-time employee, you will be required to provide vacation pay and make Employment Insurance (EI) contributions.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
44
Organizing is the management function concerned with such questions as "Who reports to whom?" and "How are the tasks to be grouped?"
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
45
In an organic organizational structure, supervisors make decisions with minimum consultation and involvement of subordinates.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
46
The Shamrock model is a type of functional organization.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
47
According to the textbook, recent studies revealed that independent contractors will cost you about the same as full-time employees.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
48
According to the textbook, in an organic organizational structure, participation and group consensus are used frequently.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
49
Employee leasing can reduce administrative costs.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
50
According to the textbook, traditionally, most small businesses have been organized on the basis of function, geography, or type of customer.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
51
The virtual or network organization is a structure in which the major functions are broken up into strategic business units.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
52
A joint venture would have its own management and employees.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
53
According to the textbook, a strategic alliance usually involves the establishment of a separate new organization.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
54
An organic organizational structure would benefit from a transformational leadership style by the owner.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
55
The text recommends that your advisory team should have a formal structure.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
56
According to the textbook, because of the added expense, most small businesses do not provide their employees with flexible work arrangements or time off to care for family members.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
57
To ensure compatibility, a balanced team is composed of team members with similar personality types.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
58
According to the textbook, forward-thinking entrepreneurs like Charlene Webb (Chapter 12 case study) create an advisory team to help guide and direct the company.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
59
A strategic alliance is a mutually beneficial partnership between an experienced businessperson and an entrepreneur who is in the infant or start-up phase of a venture.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
60
According to the textbook, mentoring relationships don't always work. A frequent problem is breach of confidentiality.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
61
The just-in-time team is a group of individuals who are hired on a contract basis to perform a specific function.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
62
A team or group of individuals who are hired on a contract basis to perform a specific function is known as a _________________________________________.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
63
Creating a work climate that motivates people to do what is expected of them because they believe in what you are doing and share your vision is the definition of ________________.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
64
A structure in which the major functions are broken up into strategic business units is called a ________________ __________________.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
65
A mutually beneficial partnership between a more experienced entrepreneur or businessperson and an entrepreneur who is in the infant or start-up phase of a venture is called __________________.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
66
Employee benefits and services that are provided entirely or partly at the expense of the company are called ______________ ___________________.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
67
The first Action Step to creating a winning team is to ______ ________.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
68
A mutually beneficial partnership between a more experienced entrepreneur or businessperson and an entrepreneur who is in the infant, or start-up, phase of a venture is known as ___________________.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
69
List five characteristics of the virtual or network organization.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
70
Name and briefly describe three characteristics of the "transformational" style of leadership.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
71
List and briefly describe five benefits of the just-in-time team.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
72
Why is it important to do a self-analysis before hiring employees?
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
73
What are five requirements to be an effective small-business mentor?
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
74
In Chapter 12, we encouraged you to consider the "just-in-time" team. Briefly describe three just-in-time alternatives to hiring full-time staff.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
75
Briefly explain the differences between direct, indirect, and nonfinancial compensation. Give two examples of each kind of compensation.
Unlock Deck
Unlock for access to all 75 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 75 flashcards in this deck.