TSA: Business Management (4 of 7)

What does "Integrating" mean in a business context?

• Setting prices for new products

• Communicating objectives and motivating staff to accomplish tasks

• Organizing files and records

• Investing company profits

What is "Interest" in a financial context?

• Money borrowed from a bank

• A fee for using a debit card

• Money the bank pays you for leaving it in your savings account

• Money lost from a bad investment

Who is an "Internal candidate"?

• Someone applying from a competing company

• A contractor applying for a full-time role

• An individual applying for a position within the same organization

• A person applying internationally

What are "Internal markets"?

• Stock exchanges

• Markets within the same company

• Online marketplaces

• Retail stores

What does "International Trade" involve?

• Selling goods at a local farmer’s market

• Trading stocks internationally

• Goods and services distributed between countries

• Currency exchanges only

What does "Interoffice" communication refer to?

• Communication through a phone

• Communication between different companies

• Communication between departments within the same company

• Communication with clients

What is the definition of "Investing"?

• Saving money under your mattress

• Paying off a loan

• Allocating money with the expectation of future benefit

• Spending on luxury goods

What is a "Job"?

• An educational degree

• A social responsibility

• A work role within a specific organization

• A personal hobby

What are "Job descriptions"?

• Resumes submitted by applicants

• Lists of past job experiences

• Written statements outlining job requirements and duties

• Letters of recommendation

What is the "Laissez-faire style" of leadership?

• Micromanaging employees

• Refusal to interfere and allowing people to work independently

• Setting strict rules

• Encouraging daily meetings