Primer Parcial / Human Capital

1) Setting prices for the firm's products

• Marketing

• Human resources

• Finance

• Operations management

2) Stock (inventory) control and management

• Marketing

• Human resources

• finance

• Operations management

3) Financial and non-financial methods of motivation of staf

• Human resources

• Finance

• Accounts

• All

4) Establishing quality management processes

• Marketing

• Human resources

• Finance

• Operations management

5) Hiring a new production manager

• Human resources

• Finance

• Accounts

• All

6) Researching the needs, wants, and preferences of customers

• Marketing

• Human resources

• Finance

• Accounts

7) Businesses aim to satisfy the needs and wants of individuals and other organizations, such as by providing a service or manufacturing a product.

• True

• False

8) In order to create goods and services, businesses need to combine human, financial, physical, and entrepreneurial resources.

• True

• False

9) The marketing department is responsible for identifying and meeting the needs and wants of customers, usually for a profit.

• True

• False

10) Car manufacturing is an example of an industry operating in the secondary sector of the economy.

• True

• False