ITB Unit 4 Review (Lesson 5 & 10)

Front

Which business function is responsible for recruiting, hiring, onboarding, training, evaluating, and terminating employees?

Back

Human Resources

Front

Complete the statement with the best term. Business is all about _______________.

Back

People

Front

A route or plan of action designed to achieve certain goals and objectives is:

Back

Strategy

Front

The business function that involves people, processes, and systems that collect, organize, store and secure relevant data, and makes it accessible and useful for making informed decisions is:

Back

Information Management

Front

Which business function deals with the daily functioning of an organization, managing the inputs and outputs, and includes manufacturing, purchasing, and logistics?

Back

Operations

Front

Operations deals with the daily functioning of an organization, managing the inputs and outputs, and includes manufacturing, purchasing, and logistics. Which of the following is NOT a part of operations? Manufacturing, Purchasing, Finance, Logistics

Back

Finance

Front

Finance and Accounting are two different disciplines that work together. Which of the following best describes the focus of Finance?

Back

Managing cash flow and financial planning

Front

The enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services to targeted customers for their benefit and for the benefit of society as a whole is:

Back

Marketing

Front

The process of recording, maintaining, and reporting an organization’s financial transactions and records is:

Back

Accounting

Front

What focuses on the management of the assets, liabilities, equity, and cash flow of an organization, analysis like ROI and ROE, and monetary planning of future growth?

Back

Finance