Reference no: EM131434404
1. Which of the following statements most closely supports the "institutional" school of thought on the motivation behind entrepreneurship?
a. Entrepreneurs are more likely to possess a stronger desire for achievement and are more willing to take risks.
b. It is not what is in people's "blood" that makes or breaks entrepreneurship, but in their environment.
c. Entrepreneurs are innately able to understand opportunities that create value.
d. The deviation from the norm of working for "bosses" is something that may be in the "blood" of entrepreneurs.
2. True or False : Overall union density has decreased since the 1970s because the private sector growth has increased while the public sector membership has declined.
3. True or False: The National Labor Relations Act applies to non-union companies.
4. True or False :As the primary union in the U.S., the key function of the AFL-CIO is to negotiate contracts.
5. True or False: The Mainstream Economics school of thought about labor relations relies on free-market competition to determine the price of labor; and, as such, sees unions as interference in that process.
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