5._______ are the amounts the corporation owes to various creditors.

A. Dividends B. Liabilities C. Equities D. Profits

6._______ ratios show the relative amount of funds in the business supplied by creditors and shareholders.

A. Leverage B. Net working capital C. Liquidity D. Current

7._______ is best described as anticipating and preparing for an uncertain future.

A. Proactive change B. Reverse brainstorming C. Reverse mentoring D. Disruptive innovation

8.Neil, an entrepreneur and inventor, developed new software to help retail stores manage their supply chain effectively. He was able to sell his software successfully to the retail industry. However, certain unscrupulous organizations began producing cheaper versions of the software. This lowered the popularity of the original version. Which of the following factors is affected by the knock-offs?

A. Economic viability B. Technological feasibility C. Capability development D. Organizational suitability

9.The last step in a typical control system is

A. comparing performance against the standards. B. setting performance standards. C. taking action to correct problems. D. measuring performance.

10.Some means of control are necessary because once managers form plans and strategies, they must ensure that

A. management is creative. B. employees take steps to solve problems. C. the marketing strategies are reflective of the old product. D. the plans are carried out.