Juan, the CEO of a technological firm, believes that the firm's employees are intelligent, creative, and hardworking. He is convinced that they are passionate about their work, and they can be further motivated through rewards. In this scenario, Juan's views about his workers is consistent with _____ assumptions.
A) Theory X
B) Theory Y
C) hierarchy of needs theory
D) equity theory
Question 2 - What is the primary function of SBA financial assistance? Where do most SBA loans originate?
Question 3 - At Blyrie Technologies, a leading spare parts manufacturing firm, a few workers were injured on the job. Following this, its management decided to implement certain changes in the workplace. It provided the workers with enough protective gears, health insurance plans, and life insurance. According to Maslow's hierarchy of needs theory, Blyrie Technologies is motivating its employees by meeting their _____.
A) self-actualization needs
B) physiological needs
C) safety needs
D) social needs
Question 4 - What is a small-business institute? How does it help small-business owners?
Question 5 - Sharon started her career as a shift leader at Timeline Vintage. Over the years, she moved up the management hierarchy and was recently promoted to a position in top-level management. In her new position, she strategically plans, interprets marketplace trends, and plans for the future of her organization. Which of the following management skills does Sharon demonstrate in her new position?
A) Conceptual skills
B) Tactical skills
C) Technical skills
D) Human skills
Question 6 - What is the Service Corps of Retired Executives (SCORE)? How does it assist small-business owners?
Question 7 - During his tenure as the manager of a large toy store, Barry developed strong technical skills. He will soon be promoted to the position of regional manager for several branches of the toy store. Barry's boss informs him that in this new role, he will need to communicate, coach, and motivate other managers. In this case, which of the following management skills is his boss describing?
A) Human skills
B) Conceptual skills
C) Technical skills
D) Processing skills
Question 8 - What is the Small Business Administration? Who created it?
Question 9 - _____ refer to expertise in a specific functional area or department.
A) Technical skills
B) Human skills
C) Conceptual skills
D) Processing skills