Unit 3 Test Review

A manager who helps an employee count the money in a cash drawer and prepare a bank deposit is demonstrating

A risk involved with information management is being unprepared for a government

In business terms, what is profit?

Human resources are a company’s most important resources because

operating expenses is the money spent to run a business

A business can be described as a(n)

The main purpose of management is to accomplish the business’s goals

What is the income when the expenses are $30,000 and the profit is $25,000?

Which of the following is an example of a type of information a business must manage:

Which of the following is a purpose of an exit interview:

Which of the following is a true statement about information:

The first task in the HR management activity of staffing is

President, senior vice president, and chief executive officer are examples of middle management

To build positive customer relations, a business must be

As an employee, you can help your company build positive customer relations by

Information management can be a challenge because the business world is forever changing

Orientation is an on-boarding activity

Making sure that a business has enough of a product in stock without having too much is the goal of Inventory Management

Which of the following behaviors demonstrates the primary business activity of strategic management:

When a business strives to make every customer experience a positive one, it is remembering its touchpoints

Financial analysis occurs when a business

When a stove is used in a restaurant kitchen, it is a

When the customer’s preference for a business; usually expressed in regular purchases from the business

Every business must accomplish which of the following:

Focused on customer needs and wants in every aspect of the business

Which of the following is a compliance issue:

The operating expenses are $85,000 and the net profit is $110,000. What is the gross profit?

Which of the following behaviors best describes the primary business activity of operations:

When HR management executives participate in a company’s long-range planning efforts, they are taking part in

Janelle opened a new store. In order to successfully operate the new location, Janelle primarily needs