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WorksheetsBusiness Essentials 3.00-3.02 Review
Total questions: 31
Worksheet time: 16mins
1. Which of the following is an important function of mid-level management?
To prepare workers’ daily schedules
To serve as a link between top-level and first-line management
To make sure projects meet deadlines
A manager studies the business’s previous sales statistics as well as the sales forecast before making purchasing decisions. What type of resource is the manager using?
Human
Financial
Information
A small-business manager who considers how a one-person reduction in office staff could impact the rest of his/her company is demonstrating
Technical skills
Conceptual skills
Interpersonal skills
Which of the following do many businesses believe to be their most important resource:
Employees
Equipment
Sales Revenue
A typed summary of personal, educational, and professional qualifications and experience, that is prepared by an applicant for an interview is a....
Work History
Resume
Cover Letter
Which of the following represents a primary business activity:
Designing
Marketing
Scheduling
A business that exists to fulfill a specific mission or undertaking is called a business.
Nonprofit
For-profit
Focused
An example of performing business activities in an "out of ordinary" way is when business
Operates as the link between customers and products
Begins long-term planning and organization
Hires an outside firm to perform its marketing
I am learning new (a) ____ in the area of organization, at my new job.
Job skills
Resumes
References
What must managers be able to do if they want employees to understand the business’s goals and be productive?
Listen carefully
Obtain feedback
Communicate clearly
Someone that serves as the point of contact for employees seeking to verify or ask questions about a potential employee's background or skills is a....
Reference
Letter of Recommendation
Personal Information
My address is part of my (a) _____.
Work History
Personal information
Education
Making sure that a business has enough of a product in stock without having too much on hand is the goal of
Production
Human resources management
Inventory management
A business can be described as a(n)
Organized effort to produce goods and services
Reasonable way to make a profit
Disorganized effort to produce goods and services
Which management function is described in the following situation: Christy Chen determines the type of workers she needs, locates qualified applicants, selects those to be hired, and assigns the new hires to a work area.
Controlling
Staffing
Planning
Abilities that help someone perform or excel at a certain jo are...
Education
Job skills
Work History
Who is normally responsible for purchasing the proper material resources for workers to use in doing their jobs?
Middle managers
Supervisory managers
First-line workers
Janelle's Creative Supplies is opening an additional location on the other side of town. To successfully operate the new location, Janelle primarily needs
More advertising spots
Extra free time
Additional employees
Financial analysis occurs when a business
Communicates with potential customers
Keeps accurate expense records
Plans for long-term success
When two or more companies come together as one is called a
Virtual services
Outsourcing
Merger
___ is when a company uses outside companies to perform tasks they aren’t capable of doing. This would be like Ms. Reynolds (our English teacher) teaching an AP course at Southern Nash on Zoom because Southern doesn’t have an AP English teacher.
Merger
Virtual services
Outsourcing
The Boys and Girls Club is an example of a ________ business.
For profit
Nonprofit
A manager who helps an employee count the money in a cash drawer and prepare a bank deposit is demonstrating
natural talent.
technical skills.
aggressive behavior.
When the Pretty Pictures framing business underwent internal restructuring las year, how would its primary business activities have reacted?
They changed radically
They adjusted according to the internal changes
They stayed the same
A manager evaluates the production output of a department by checking it against the production goals for that time period. This is an example of the ______________ function of management.
organizing
controlling
planning
Within a local pizza ship, financial analysis is most likely used to
Attract customers
Develop the best recipe
Obtain funding for supplies
Which of the following activities demonstrates information management:
Storing and retrieving information
Hiring appropriate employees
Researching customers' needs
Why do top-level managers usually receive high salaries?
They are required to attend a great many meetings.
Their decisions affect the entire company.
They have more experience than others in the company.
Every business must accomplish which of the following:
Produce or provide goods/services
Trade or sell business assets/property
____ hires, trains, and compensates new employees.
Supervisor
Human Resources Management (HR)
Employees
Extra Credit +5 pts:
What are the 5 major Business Activities?
Finance / Accounting
Human Resources Management
Information Management
Marketing
Operations
Production
Quality control
Purchasing
Inventory management
