Business Activities

Which of these is NOT a type of business activity?

• Accounting

• Sole Proprietorship

• Human Resources Management

• Information Management

• Marketing

Skills needed by Managers include

• Task oriented

• Work under pressure

• Communication skills

• Knowledge of technical aspects of business

• Good problem solving skills

Which of these are not an advantage of being a manager?

• Earn more money

• More influence and authority

• Lots of pressure

• Greater control over time

This function must be completed first; sets objectives and makes long and short term plans for meeting objectives

• Planning

• Controlling

• Organizing

• Staffing

This function obtains and coordinates resources so that a business's objectives can be met

• Planning

• Organizing/Staffing

• Controlling

• Leading

This function influences, guides, and directs people under one's management to carry out their assigned tasks

• Planning

• Organizing/Staffing

• Leading

• Controlling

This function sets standards for work, evaluates performance, and solves problems that prevent task completion

• Planning

• Staffing

• Leading

• Controlling

Analyzing financial statements to make future decisions

• Finance

• Accounting

Maintaining and checking records, handling bills, and preparing financial reports for a business

• Finance

• Accounting

Describes the people who work for a company or organization and the department responsible for managing resources related to employees

• Human Resources

• Operations