Basic Mgt

Business is ____________.

• a method of investing money
• a type of financial report
• an activity of making, buying, or selling goods or services
• a form of entertainment

What is management?

• Management is the process of coordinating and overseeing the work activities of others to achieve organizational goals.
• Management involves only hiring and firing employees.
• Management is the same as leadership.
• Management is solely about making profits.

Marketing is _______.

• a strategy for employee management
• the process of promoting and selling products or services
• the act of designing products
• a method of financial analysis

Why Management is important?

• Management has no impact on employee morale.
• Management is crucial for achieving organizational goals and optimizing resource use.
• Management is primarily about enforcing strict rules.
• Management is only necessary for large organizations.

Why marketing is important?

• Marketing has no impact on customer loyalty.
• Marketing is only for large companies.
• Marketing is essential for reaching customers, building brand awareness, and driving sales.
• Marketing is primarily about creating advertisements.

Communication is important in business because _______.

• it facilitates collaboration and decision-making.
• it reduces employee morale.
• it increases operational costs.
• it complicates project timelines.

What is my centralised lecturer name?

• Dr. Tan Wei Yet

• Dr. Marvels

• Dr. Strange

Customer is _________.

• the individual or entity that purchases goods or services
• the organization that manufactures goods
• the entity that provides services
• the person who sells products

Business reputation is important because _____.

• it determines the price of products.
• it affects employee satisfaction.
• it has no impact on sales.
• it influences customer trust and loyalty.

customer is important because:

• Customers are a distraction for businesses.
• Customers do not influence sales.
• Customers are only important for marketing.
• Customers are essential for business success.