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WorksheetsBATTLE OF THE BRAINS
Total questions: 20
Worksheet time: 7mins
A tangible item that is put on the market for acquisition, attention, or consumption.
Product
Rent
Service
Equipment
A framework that serves as a useful tool in business that looks at the strengths, weaknesses, opportunities, and threats.
(a)
The function of management that involves identifying, subdividing, assigning and coordinating activities and providing the necessary authority to carry out the activities.
Controlling
Directing
Organizing
Staffing
Planning
The function of management that involves recruitment, selection, assignment and development of the various kinds of human resources required by the organization.
Organizing
Directing
Controlling
Staffing
Planning
The function of management that involves setting the objectives to be accomplished during a feature time period and deciding on the methods of reaching them.
Directing
Leading
Controlling
Organizing
Planning
The function of management that involves communicating with and influencing subordinate towards the achievement of organizational goals.
Organizing
Planning
Directing
Controlling
Staffing
The function of management that involves monitoring performance and undertaking corrective actions to ensure the attainment of predetermined goals and objectives of the organization.
Controlling
Organizing
Directing
Staffing
Planning
Debts or other obligations in which your business owes.
Owner's Equity
Liabilities
Assets
Mortgage
A business structure that is owned exclusively by one person.
Partnership
Limited Liability Company
Sole Proprietorship
Corporation
What information should be included in a business plan? (Choose three.)
Your financing needs
Your assets and liabilities
Your basic business concept
Your marketing plan
A group of customers with shared demographics who have been identified as the most likely buyers of a company's product or service.
Target Market
Consumer Group
Potential Customers
Market Segment
What are the two main branches of Economics? (Choose two.)
Macroeconomics
Positive Economics
Normative Economics
Microeconomics
A business structure owned by two or more people.
Sole Proprietorship
Partnership
Corporation
Limited Liability Company
A general Leger/T has a ______ and _______ side.
Debit
Asset
Credit
Liability
A management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market.
(a)
An intangible item, which arises from the output of one or more individuals.
Equipment
Product
Rent
Service
A business structure owned by stockholders, who own the rights to the company's profits but face limited liability for the company's debts and losses
Limited Liability Company
Corporation
Sole Proprietorship
Partnership
Property and other items of value owned by a business.
Equipments
Liabilities
Assets
Mortgage
Which is not a factor of Production?
Capital
Land
Money
Labor
A written document that describes all the steps necessary for opening and operating a successful business. It also describes a company's core business activity, its objectives, and how it plans to achieve its goals.
Financial Plan
Business Plan
Operational Plan
Marketing Plan
