Y8 Business Studies - C10 Managing a Business

What are the main tasks of a manager?

• Planning, Promoting, Coordinating, Selling, Controlling

• Planning, Organising, Coordinating, Commanding, Controlling

• Planning, Evaluating, Designing, Commanding, Controlling

• Planning, Organising, Reporting, Commanding, Researching

What is a key characteristic of a good manager?

• Shy

• Moderate

• Initiative

• Indecisiveness

How can risks be reduced when making decisions?

• Implement decisions based on feeling

• Identify and analyze the problem before finding a solution

• Make decisions without analyzing the problem

• Setting goals based only historical record only

What is a responsibility of the HR department?

• Deciding on marketing strategies

• Ordering stock/inventory

• Maintaining IT equipment

• Recruiting staff

What is a responsibility of the marketing department?

• Ordering materials for production

• Preparing job descriptions

• Market research for new products

• Recording financial transactions

What is a responsibility of the finance department?

• Sorting incoming mail

• Preparing budgets

• Collecting data for accounts

• Developing new products

What is a responsibility of the operations department?

• Maintaining IT equipment

• Ordering stock/inventory

• Deciding on marketing ways

• Keeping quality high in production

What is a responsibility of the admin department?

• Sorting incoming mail

• Recording financial transactions

• Market research for new products

• Cleaning and maintaining IT

What is a responsibility of the IT department?

• Preparing job descriptions

• Deciding on methods of production

• Maintaining the efficiency of machines

• Provides managers with data for decision making

The planning task means that...

• Setting a goal and direction for the business.

• Organising people and resources effectively.

• Bringing people together by having meeting.

• Guiding and leading a subordinates.