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WorksheetsManagement Activities Chp 8
Total questions: 15
Worksheet time: 15mins
The management activity of setting goals and steps to achieving those goals is:
Planning
Organising
Controlling
The 3 key management activities are:
Planning, Organising, Controlling
Planning, Controlling, Organising
Controlling, Organising, Planning
Organising, Planning, Controlling
The internal factors in a business that are the things the firm is good at doing and important assets over the competition are called:
Strengths
Weaknesses
Opportunities
Threats
The external factors that undermine the business ability to achieve its goals are:
Strengths
Weaknesses
Opportunities
Threats
The short term plans that set targets for weeks and months ahead are called
mission statement
strategic
tactical
operational
A plan prepared to cope with unexpected circumstances, in other words a back-up plan is called a (a) plan
When planning one should be SMART. The M stands for
(a)
Click on the image above. This image is an example of
Product organisational structure
Geographical organisaitonal structure
Matirx organisational structure
Functional organisational strucrture
The organisational chart that divides a company's resources into departments is called
functional
matrix
product
geographical
The management activities that measures the business progress against stated goals is
Planning
Organising
Controlling
Monitioring
Which of the following is not a method of implementing credit control
Changing supplier
Setting discounts for early payments
Doing a credit history check
Sending a remind to customer/debtors
When speaking of financial control - ensuring a company can pay its bills when due is called
Profitability
Liquidity
Creditworthiness
In the black
EDI stands for
(a)
What is the span of control for the "ISS Director" in the organisational chart connected to this questions
(a)
The process of setting goals and placing resources to achieve them, using keys skills and activities to make the business successful is:
management
planning
leading
organising
