Which one of the following best describes a strategic alliance in business? a. A partnership or two or more businesses that make all more competitive. b. A partnership or two or more businesses with complementary interests. c. A partnership of two or more businesses which helps participating businesses meet government regulations? Which of the following are traits of a good manager? (circle all that apply) a. Vision b. Well-liked c. Strong communications skills d. Creativity e. Ability to work with people If you were to start a business, which one of the following legal organizational structures offers you the greatest control, but least amount of protection for your personal assets? a. S Corporation b. C Corporation c. Sole Proprietorship d. Partnership In strategic planning, which of the following do you analyze? a. Existing competition b. Potential competition c. Both existing & potential competition Which one of the following types of planning is used to establish the means to accomplish your company goals? a. Tactical planning b. Operational planning c. Contingency planning Which of the following was not included in pre-1927 organizational theories? a. Unity of command b. Hierarchy of authority c. Clear communication channels d. Employee empowerment Organizational theorists Max Weber insisted that job descriptions and company rules are in writing. Why is this important for an employee