Peter Drucker recommended that businesses employ management by objectives. For which of the following reasons is this important? (circle al that apply) a. Employees have a clearer direction of what the company wants to accomplish. b. It eliminates the need to on the customer. c. It helps eliminate personalities in the decision-making and action process If you had a virtual for-profit business, which of the following responsibilities would you likely outsource, or not have on staff? (circle all that apply) a. Accounting b. Advertising c. Senior management d. Legal Which organizational culture generally allows for a greater focus on the customer? a. Centralized b. Decentralized Which of the following is a business responsible to? (circle all that apply) a. Shareholders b. Creditors c. Customers d. Public e. e. Ecological environment If you wanted to notify employees of a policy change by the company, which one of the forms of communication would you use? a. Oral communication b. Written communication c. Informal communication Do you consider loyalty or integrity of employees more important in business? (select only one) & why? (write your response in complete sentences) What are the two major driving forces of the economy for businesses? ______ and ______ Which policy does the Federal Reserve manage? a. Fiscal Policy b. Monetary Policy c. Physical Policy