
Business Management Concepts Assessment
Flashcard
•
Business
•
12th Grade
•
Hard
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is an example of operational planning in a company?
Options:
Formulating the mission statement,
Setting the personnel policy,
Selecting the type of business to enter,
Determining the financial needs
Back
Setting the personnel policy
2.
FLASHCARD QUESTION
Front
A SWOT analysis is used to:
Back
identify new markets.
3.
FLASHCARD QUESTION
Front
The external environment of a SWOT analysis consists of:
Back
opportunities and threats.
4.
FLASHCARD QUESTION
Front
Many consultants and advisers push small companies to give more emphasis to their: internal environment, strengths, external environment, competitive edge
Back
external environment
5.
FLASHCARD QUESTION
Front
Which of the following is part of a company's financial resources? Tools and equipment, Available equity, Reputation, Supervisors
Back
Available equity
6.
FLASHCARD QUESTION
Front
The largest expense for companies selling products usually is related to: human capital and resources, insurance, materials, supplies, and/or goods, advertising
Back
materials, supplies, and/or goods
7.
FLASHCARD QUESTION
Front
Financial planning involves: estimating income and expenses.
Back
estimating income and expenses.
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