Corman Enfb 4170 Test 1 Questions/answers

Why "fail quickly"? {Ans: - Fail the Right Way, Learn Quickly}4 Advantages of Hiring From Within {Ans: 1. Improves morale-reward 2. Less risk 3. Reduces turnover-career path 4. Improves quality of entry level applicants}4 Most Common Functions Outsourced in an Organization {Ans: 1. Accounting 2. HR 3. IT 4. Fiance}Which of the three steps of the Entrepreneurial Process do you grow first? {Ans: Team}Steps to the Entrepreneurial Process {Ans: 1. Opportunity (Total addressable market) 2. Team (Management Team at this point) 3. Resources (Money, Assets, IP, etc.)}Hire Generalists or Specialists? {Ans: Generalists}