WorksheetsResources Managed in Business
Total questions: 12
Worksheet time: 6mins
What are the four main resources that managers must manage in a business?
Human resources, financial resources, material resources, and information
Human resources, financial resources, marketing, and sales
Financial resources, marketing, sales, and information
Material resources, marketing, sales, and human resources
Which type of resource includes employees of a business?
Financial resources
Material resources
Human resources
Information
What do financial resources include?
Employees and their skills
Cash, income from sales, and investments
Equipment and supplies
Sales reports and economic data
What do material resources involve?
Managing employees
Handling finances
Purchasing equipment and supplies
Developing marketing strategies
What type of information is considered external?
Sales reports
Employee feedback
Economic trends and business industry info
Internal memos
What type of information is considered internal?
Economic data
Sales reports
Competitor analysis
Customer feedback
What is the importance of managing information in a business?
To increase sales
To make good decisions
To reduce employee turnover
To expand market share
Which type of manager provides information about the equipment and supplies that workers need as material resources.
top level
mid level
first line
CEO's
True or False: All levels of management are involved with human resources.
True
False
True or False: Many businesses believe that employees are their most important resource.
True
False
External information can also include the state of the ________, consumer trends, and any other data that apply to the specific business.
All businesses need _______ resources to buy supplies and materials, to pay employees, and to cover their other operating expenses.
information
