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Business Functional Areas Flashcards | StudBud

Explore/Business Functional Areas

What does business function mean?

Which is not a marketing responsibility?

Business Functional Areas

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Questions 12

Answers

1
Which is not a marketing responsibility?
make accurate, relevant and timely financial information
the benefits and features of products
manage relationships with customers
market research
2
What does business function mean?
The accountings areas of the business
Activites needed to operate a business
The Mathematical Function of a business
The work performance of a business
3
Which of the following is not a factor of production?
Services
Land
Entrepreneurs
Capital
4
Which of these are not a function of management?
controlling
influencing stakeholders
organising
coordinating
5
Operations is responsible for:
deals with issues relating to the management of staff
meeting the needs and wants of customers
manufacturing products
managing the money of a business
6
Human resources department is not usuallyresponsible for
Training and developing employees
Deciding on employee wages and benefits
Recruiting and interviewing new employees
planning, organising and controlling of all business activities.
7
Which of the following is not a business functional area?
human resources
economy
marketing
finance
8
Marketing is not responsible for identifying customer needs.
False
True
9
Managers are not responsible for the work performance of people.
True
False
10
Information is a factor of production
True
False
11
Which IS NOT a basic function of Management:
Facilitating
Planning
Organizing
Controlling
12
What does the Finance Area in business not do?
hire labour for production
know how and where will it get the necessary money
provide funds for operations
know how much should be spent on research and development