Business Management

Most businesses exist in order to earn a ______________ for the owners/shareholders.

What are the essential components required for Business Management?

• Land

• Entrepreneurship

• Knowledge

• Money

• Labor

Peter Drucker simplifies the aim of Business Management by a shorter form which is to create a ________.

Creating a market means that businesses need to understand customers' ______ and ______.

• values and beliefs

• gender and age

• nationality and reglions

• needs and demands

Creating a market means that businesses need to understand customers' needs and demands.

• values and beliefs

• gender and age

• nationality and reglions

• needs and demands

Walmart offers a ______ strategy everyday to understand customers' needs and demands.

Apart from creating a market, Walmart develop ______ to satisfy customers' needs.

• lower price strategy

• innovation solutions

• international markets

• early investment

Which of the followings are one of the 10 leadership principles at Walmart?

• Commit to your business

• swim upstream

• listen to everyone in your company

• celebrate your business

• exceed your customers' expectation

Which of the followings is not a basic form of business in Business Management?

• Sole proprietorship

• Corporation

• Limited unregistered business

• Partnership

The structure in which there is a separation of ownership and management is called_____?

• Business Management

• Sole proprietorship

• All business organizations.

• Business Management