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Business Managment!!! Flashcards | StudBud
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Business Managment!!!
Business Managment!!!
20 terms
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StudBud Administration
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A slightly challenging business management and human recourses quizlet!!
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
What is the most common business structure?
Public company
Sole trader
Private company
Partnership
2
Which of the 3 acronyms has the word management in it?
BRUNOMARS
LaMB RaP
GEM SPLIT FC
QuEER CWIPI
3
Increased labour cost's are most likely to be shown on the following financial statement?
Yearly income statement
Balance sheet
Yearly income statement, at the end of the financial year
Cashflow statement, at the end of the financial year
4
What percentage of NEW products self distruct in their first year of operation?
40%
20%
50%
70%
5
"Cash flow management" is apart of what four key business functions?
Finance
Marketing
Operations
Human resources
6
Labour is a key resource of business. Management that is the most related to labour efficency?
Finance
Opperations
Marketing
Human resources
7
A business operated by a soul trader has?
No tax liability
One owner
One shareholder
Only one stakeholder
8
Which of the following is NOT one of the four keys in marketing?
Placement
Product
Price
Production
9
What are the two sources of finance for a business?
Equity and debt
Equity and trade credit
Leasing and funding
Debt and overdrafts
10
The Hawthorne effect is part of what theory:
Behavioural
Contingency
Classical
11
If a general manager asks the sales manager to rucruit a saleman, this is an instance of?
Delegation of authority
Division of authority
DiViSiOn of AuThOrItY
Delegation of respondibility
12
A Human Resources Manager has several functions in a company such as?
Paying the employees
Organise the employees shifts
Deal with discrimination and performance issues
Develop their interpersonal skills to be effective
13
Why would the management of a business choose to go global?
To achieve the business goal of cheaper manufacturing costs
To achieve the business goal of growth
To achieve the business goal to compete
To achieve the business goal of profit
14
Why might the manager pay workers differently?
Their work ethics
Authority
Place organisation
Respect to customers
15
Operations refers to the business what?
Management
Profit
Production
Processes
16
What Is the first function of human resource management?
Benifits
Organisation
Production
Introduction
17
''Managers make all important decisions, employees are closely supervised''
Autocratic
Democratic
18
What does HR stand for?
Hungry rhinos
Human resources
Hiring resources
Human resoures
19
Looking after the welfare of stakeholders is relevent to which of the following business goals?
Share price
Increased marketshare
Profit goal
Social goal
20
Starting a business to better society or solve societal problem while still making a profit is?
Social entrepreneurship
Charity
A nonprofit
Social responsibility
