7th Business & Marketing Review Quiz

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?

• Human Resources

• Business

• Strategy

• Mission

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

• Information Management

• Finance

• Marketing

• Vision

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

• Operations

• Human Resources

• Strategy

• Tactic

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

• Management

• Marketing

• Information Management

• Mission

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

• Marketing

• Finance

• Operations

• Vision

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

• Vision

• Mission

• Strategy

• Tactic

What term describes the daily functioning of an organization, managing inputs and outputs?

• Operations

• Finance

• Marketing

• Human Resources

What is a route or plan of action designed to achieve certain goals and objectives?

• Tactic

• Strategy

• Mission

• Vision

What is an aspirational view of the future that describes how a company might look if it accomplishes its mission?

• Mission

• Strategy

• Vision

• Tactic