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End of Chapter Video Quiz
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1
A person who provides advice, guidance, and technical knowledge that can help individuals advance in their careers is called a:
A)leader
B)mentor
C)developer
D)guide
E)liaison
2
A measure of how well or how productively a company's resources are used is called:
A)effectiveness
B)efficiency
C)quality
D)benchmarking
E)none of the above
3
The kind of entrepreneurial activity that takes place inside an established company is called:
A)intraprenuership
B)delegation
C)mentoring
D)orientation
E)socialization
4
Entrepreneurs who elect to give up decision-making authority over work activities to other people are engaged in:
A)abdication
B)outsourcing
C)transgression
D)delegating
E)dumping
5
The problem that arises because of the separation of ownership of a business from the control of it that occurs when its owner delegates authority to managers is called an:
A)administrative problem
B)avuncular problem
C)agency problem
D)ad hoc problem





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