Intro to Business Management Quiz 2

What is important about managing a business

• You are the leader

• People will you judge how you do

• People will be looking up to you for leadership

• Its a job

What is the job of a business manager

• oversee the activities of workers

• ensure that a company or department is on track to meet its financial goals

• hire, train and evaluate new employees

• All of the above

Business Management can be done

• by anyone

• anyone who qualifies

• your mom

• you

what is the most important aspect of a business manager

• leadership

• creativity

• originality

• careness

Being a manager of the business variety is tough because

• You keep track of everyone

• You have multiple jobs

• Everyone relies on you

• Its a job

Is it smart to hire a business manager for a small business

• yes, its worth it to see if you can make a good business

• no, that's a lot money for something not promised

Why do we need business management

• So someone can manage the business

• So we have more jobs

Business management is the act of managing a business

• True

• False

Business managing is easy to do

• True

• False

What are the factors of production

• Land, Labour, Capital and Enterprise
• Place, Price, Product and Promotion
• Land, Labour, Marketing and Finance
• Primary, Secondary,Tertiary and Quartenary