Business Essentials Unit 3 EOC Review

Which behavior best describes the primary business activity of operations?

• hiring qualified employees

• planning for future success

• producing goods and services

• keeping accurate financial records

Ian works in the marketing department. What is the primary business objective of his department?

• to help its corporation merge with another company

• to hire qualified employees to perform complex job duties

• to meet customers’ needs by offering appropriate products

• to prepare for long-term success by planning and organizing

Which activity demonstrates information management?

• hiring appropriate employees

• researching customers’ needs

• conducting employee evaluations

• storing and retrieving employee payroll data

A group of individuals wants to open a museum that will display items from early settlers of the area. The group will charge just enough admission to pay the museum’s operating expenses. Will the museum be a business?

• Yes, the museum will be a for-profit business.

• No, the museum will be a charitable institution.

• Yes, the museum will be a not-for-profit business.

• No, the museum will not be considered a business.

A business owner who is acquiring a partner in order to obtain additional operating funds is performing which business activity?

• Financial Analysis

• Accounting

• Debt Financing

• Franchising

Which business activity ensures that the business will have goods to sell?

• Financial Analysis

• Operations Management

• Strategic Management

• Promotions

Establishing long term goals is a part of which primary business activity?

• Marketing

• Operations

• Human Resource Management

• Strategic Management

In the human resource management process, what is the first task to be completed for staffing?

• recruiting

• determining need

• determining job descriptions

• screening and selecting applicants

Which is a reason that the role of human resources management is changing?

• Business costs are going down.

• The workforce is younger than ever.

• There is greater diversity in the workforce.

• Employees place a greater emphasis on personal lives.

Which action is a part of information management?

• customer service protocols

• management of technology

• management of security operations

• disseminating information for decision-making