Intro to Management Review Business U

What is the process of recording, maintaining, and reporting an organization’s financial transactions and records called?

• Finance

• Marketing

• Accounting

• Operations

Which term refers to a for-profit or non-profit organization involved in commercial, industrial, or professional commerce?

• Business

• Management

• Human Resources

• Mission

What focuses on the management of assets, liabilities, equity, and cash flow of an organization?

• Marketing

• Finance

• Operations

• Information Management

Which business function is responsible for recruiting, hiring, onboarding, training, evaluating, and terminating employees?

• Marketing

• Finance

• Human Resources

• Operations

What involves people, processes, and systems that collect, organize, store, and secure relevant data and information?

• Information Management

• Marketing

• Finance

• Operations

What is the term for planning, organizing, staffing, controlling, and leading people, processes, and assets to achieve a goal?

• Marketing

• Management

• Finance

• Operations

What is the enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services called?

• Finance

• Marketing

• Operations

• Human Resources

What describes a company's purpose and its reason for being?

• Mission

• Finance

• Operations

• Marketing

What term refers to the daily functioning of an organization, including manufacturing, purchasing, and logistics?

• Finance

• Operations

• Marketing

• Human Resources

What is a measure of a company’s financial performance, calculated as net income divided by total shareholder’s equity?

• ROI

• ROE

• Management

• Marketing