BM 2 U1

BM 2 U1

Assessment

Flashcard

Other

12th Grade

Hard

Created by

Wayground Content

FREE Resource

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29 questions

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1.

FLASHCARD QUESTION

Front

The primary way that managers control employees is by:

Back

making sure employees are doing what they are supposed to be doing.

2.

FLASHCARD QUESTION

Front

What are the three primary characteristics of an effective control system in a business?

Back

suitable, understandable, and timely

3.

FLASHCARD QUESTION

Front

When managers control their businesses’ finances, their primary goal is to ensure that: the organization is spending more money than it is taking in. the company is using its funds wisely, while earning as much as it can. employees are taking full advantage of the company’s financial savings benefits.

Back

the company is using its funds wisely, while earning as much as it can.

4.

FLASHCARD QUESTION

Front

Which presents serious security risks that managers must monitor and control? Options: marketing, employees, technology, production of goods

Back

technology

5.

FLASHCARD QUESTION

Front

Introducing a product to a limited group of customers to see what its acceptance will be is what type of control?

Back

marketing

6.

FLASHCARD QUESTION

Front

Employee self-reporting, automatic data collection and analysis, and meetings are all methods that managers can use to:

Back

measure the organization’s performance.

7.

FLASHCARD QUESTION

Front

To achieve the business’s goal of maintaining adequate inventory levels, each employee must perform his/her tasks in a/an:

Back

sequential order.

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