Resources Managed in Business - Review

Resources Managed in Business - Review

9th Grade

10 Qs

quiz-placeholder

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Resources Managed in Business - Review

Resources Managed in Business - Review

Assessment

Quiz

Other

9th Grade

Practice Problem

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Created by

Alicia Delande

Used 2+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the primary types of resources managed in business?

Human, financial, physical, technological, information

Human, natural, environmental, social, cultural

Financial, environmental, social, cultural, technological

Physical, social, cultural, natural, human

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key distinction between internal and external resources?

Internal resources are cheaper than external resources

Internal resources are owned by the company, external are sourced from outside

External resources are more reliable than internal resources

External resources are always more efficient than internal resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an internal resource?

Raw materials from suppliers

Company-owned IT infrastructure

Consulting expertise

Market research data

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristic of internal resources?

They require reliance on external parties

They offer variable costs based on usage

They provide greater control over quality and efficiency

They are always cheaper than external resources

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a focus of managing internal resources?

Reducing costs by outsourcing

Developing employee skills

Hiring external consultants

Sourcing raw materials from suppliers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristic of external resources?

They are always owned by the company

They require additional coordination and communication

They have higher fixed costs

They are easier to integrate into existing operations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of managing external resources?

Training employees

Optimizing inventory levels

Hiring a marketing consultant

Managing internal data systems

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