AFM 132 MIDTERM QUESTIONS AND ANSWERS WITH
COMPLETE SOLUTIONS VERIFIED LATEST UPDATE GRADE A++
John is looking to buy an established business. Which of these is not a question
he should ask himself before buying it?
a) Why is it up for sale?
b) How much should I be paying?
c) Will I have a lot of control over the business?
d) None of the above
c) Will I have a lot of control over the business?
All of these are good reasons to become an entrepreneur, except...
a) Wanting to define one's own success
b) Desiring a flexible schedule
c) Being one's own boss
d) Wanting a stable income
d) Wanting a stable income
True or false: Intrapreneurship is entrepreneurial activity within a company.
True
Which of these is a trait of an entrepreneur?
a) A fixed mindset
b) Overconfidence
, c) Being okay with uncertainty
d) Lacking non-material motivations
c) Being okay with uncertainty
True or false: There are universal rules that define ethics.
False
True or false: You have significant control over your franchise as a franchisee.
False
What does "triple bottom line reporting" measure?
a) Reusability, Resourcefulness, Revenue
b) Investments, Cash, Resources
c) Advantages, Assets, Ambitions
d) People, Profits, Planet
d) People, Profits, Planet
True or False: If Emily owns a lemon-farming business, being sure to plant
lemons in a sustainable manner would be an example of corporate philanthropy.
False
Which of these statements about whistleblowers is false?
a) A whistleblower is someone who steps up to report illegal or unethical
behavior.
b) Whistleblowers are always protected by their workplaces
c) Whistleblowers are sometimes afforded legal protection under the law
b) Whistleblowers are always protected by their workplaces
COMPLETE SOLUTIONS VERIFIED LATEST UPDATE GRADE A++
John is looking to buy an established business. Which of these is not a question
he should ask himself before buying it?
a) Why is it up for sale?
b) How much should I be paying?
c) Will I have a lot of control over the business?
d) None of the above
c) Will I have a lot of control over the business?
All of these are good reasons to become an entrepreneur, except...
a) Wanting to define one's own success
b) Desiring a flexible schedule
c) Being one's own boss
d) Wanting a stable income
d) Wanting a stable income
True or false: Intrapreneurship is entrepreneurial activity within a company.
True
Which of these is a trait of an entrepreneur?
a) A fixed mindset
b) Overconfidence
, c) Being okay with uncertainty
d) Lacking non-material motivations
c) Being okay with uncertainty
True or false: There are universal rules that define ethics.
False
True or false: You have significant control over your franchise as a franchisee.
False
What does "triple bottom line reporting" measure?
a) Reusability, Resourcefulness, Revenue
b) Investments, Cash, Resources
c) Advantages, Assets, Ambitions
d) People, Profits, Planet
d) People, Profits, Planet
True or False: If Emily owns a lemon-farming business, being sure to plant
lemons in a sustainable manner would be an example of corporate philanthropy.
False
Which of these statements about whistleblowers is false?
a) A whistleblower is someone who steps up to report illegal or unethical
behavior.
b) Whistleblowers are always protected by their workplaces
c) Whistleblowers are sometimes afforded legal protection under the law
b) Whistleblowers are always protected by their workplaces
