Who is the person who accepts the risks and opportunities inherent in a new business opportunity?
A) Capital managers
B) Entrepreneurs
C) Human resources
D) Home country economic systems managers
E) Managers
Answer: B
Explanation: B) Entrepreneurs are those who create and operate new businesses, thereby accepting the risks, and rewards generated by those businesses.
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Which of the following types of qualitative research generates hypothesis for further research, often quantitative?
A) phenomenological research B) exploratory research C) clinical research D) behavioral research
The effect of an arbitration clause in a contract is that:
A) Neither party may sue in a dispute over the contract. B) A dispute over the contract can be heard by arbitration or by trial at the option of the aggrieved (innocent) party. C) Any dispute over the contract must be tried before a judge without a jury. D) Any dispute over the contract must be tried by a judge and jury E) None of the above.