Unit 1 Stukent CTE Business Assessment

What is the primary goal of a business?

• To maximize profits

• To minimize costs

• To expand globally

• To innovate continuously

Which of the following is NOT a type of business entity?

• Sole Proprietorship

• Partnership

• Government

• Corporation

Match the business function with its description: Manages employee relations and benefits.

• Human Resources

• Finance

• Information Technology

• Operations

• Marketing

Match the business function with its description: Handles the production and distribution of goods.

• Operations

• Marketing

• Human Resources

• Finance

• Information Technology

Match the business function with its description: Promotes and sells products.

• Operations

• Marketing

• Human Resources

• Information Technology

• Finance

Match the business function with its description: Manages financial resources.

• Marketing

• Operations

• Information Technology

• Human Resources

• Finance

Match the business function with its description: Provides support to customers.

• Customer Service

• Marketing

• Human Resources

• Finance

• Operations

Match the business function with its description: Manages technology and data.

• Marketing

• Information Technology

• Human Resources

• Operations

• Finance

Which business function is responsible for managing the money and financial resources of a company?

• Operations

• Marketing

• Finance

• Human Resources

• Information Technology

True or False: A business model describes how a company creates, delivers, and captures value.

• True

• False