management of business

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

 In this type of business, the owner is responsible for all debts.

• Corporation
• Sole-Proprietorship
• Partnership
•  Cooperative

 A business that takes natural resources and converts them into a consumer good.

•  Extrator
•  Manufacturer
•  Marketer
•  Wholesaler

A form of production that makes a product to fit one customers needs.

•  Mass Production
•  Bulk Manufacturing
• Custom Manufacturing
•  Marketing

 A mining company is an example of a(n) _______________ because they take resources from the earth

• Extractor
• Natural Resource Company 

A ____ is an agreement between two parties to carry out a transaction, such as the sale of goods from a seller 
to buyer.

• patent
  
• regulation
• copyright
  
• contract

Managers make sure the work gets done, although they do not usually do the work themselves.

• True
• False

Functions of management include:

• Plan
• Organize
• Staff
• All the Above

What involves deciding what work will be done and how it will be accomplished?

• Organizing
• Planning
• Staffing
• Directing

_______ involves setting up the way the business's work will be done.

• Planning
• Staffing
• Directing
• Organizing