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Business Management Flashcards | StudBud
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Business Management
Business Management
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Answers
1
Research and development managers use their research to:
Do nothing
Learn how to shut down big corporations
Develop new products and ideas for their comapny
Improve the coffee
2
What are the four major management functions for any business
Writing, planning, reading, and presenting
Planning, organizing, leading, and controlling
Leading, voting, stressing, and carrying
Organizing, running, managing, and yelling
3
What do production managers have to keep in check?
Sheldon's science experience
The machinery and equipment
Coffee
Ensuring the exploitation of workers in developing countries
4
What are the three levels of management?
Upper management, middle management, and lower management
International, national, and regional
New level
Upper cut, below, and side
5
Why do companies manage their resources?
To help improve the enviroment
To increase expenses
To ensure growth in prime rate
To maximize efficiency and revenue
6
What is lower management?
Managing the board of directors
Managing employees
Creating balance sheets
What is lower management?
7
What do marketing and distribution managers do?
Market their product and make sure it's being distributed.
They probably abuse cheap labour.
What are marketing and distribution managers?
They create goals and resolutions as to what they need.
8
What is the point of purchasing management?
Decreasing expenses as much as possible
Increasing expenses
Expanding
Taking over
9
Finance manager, often just accountants, create the following for their company:
An international monopoly
The ponzi scheme
A wormhole in spacetime
Financial statements and a budget
10
What are the four big things managers have to focus on?
Motivating, communicating, encouraging, and controlling
Yelling, stressing, procrastination, and stressing
Making money
Time management, finance management, human management
11
What is business planning?
Making sure everything is done beforehand.
To arrange & distribute tasks among people to achieve a goal
Stressing last minute.
Procrastinating.