An organization's needs are satisfied ___________ those of the other constituents the enterprise serves.

Choose one answer.
a. before
b. None of the above; depends on the situation
c. after
d. in parallel with

What was the primary business principle that entrepreneur Tom Stemberg applied as he formulated his concept for his chain of office supply stores?

Choose one answer.
a. Point-of-sale marketing
b. Mass distribution
c. Franchising
d. Volume economies

When Marion Labs founder Ewing Marion Kauffman sent his financial officer back to Germany to re-negotiate a supplier contract that favored his own company, what was his primary business motivation?

Choose one answer.
a. Satisfying demand
b. Maintaining high ethical standards
c. Maintaining positive international relations
d. Supporting the value chain

Entrepreneurs work longer and harder than managers in big companies.

Answer:TrueFalse