Intro to Management Review Business U

Front

What is the process of recording, maintaining, and reporting an organization’s financial transactions and records called?

Back

Accounting

Front

Which term refers to a for-profit or non-profit organization involved in commercial, industrial, or professional commerce?

Back

Business

Front

What focuses on the management of assets, liabilities, equity, and cash flow of an organization?

Back

Finance

Front

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

Back

Human Resources

Front

What involves people, processes, and systems that collect, organize, store, and secure relevant data and information?

Back

Information Management

Front

What is the term for planning, organizing, staffing, controlling, and leading people, processes, and assets to achieve a goal?

Back

Management

Front

What is the enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services called?

Back

Marketing

Front

What describes a company's purpose and its reason for being?

Back

Mission

Front

What term refers to the daily functioning of an organization, including manufacturing, purchasing, and logistics?

Back

Operations

Front

What is a measure of a company’s financial performance, calculated as net income divided by total shareholder’s equity?

Back

ROE