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Functions of Business

Total questions: 20

Worksheet time: 2hrs 31mins

Name
Class
Date
1.

What function includes hiring and training employees?

a)

Production

b)

Finance

c)

Marketing

d)

Management

2.

What function includes all activities required to plan, coordinate, and monitor a business?

a)

Production

b)

Finance

c)

Marketing

d)

Management

3.

What function consists of all activities that identify, anticipate, and satisfy customer demand while making a profit?

a)

Production

b)

Finance

c)

Marketing

d)

Management

4.

What function is the process of controlling and making decisions about a business?

a)

Production

b)

Finance

c)

Marketing

d)

Management

5.

What function includes jobs such as farming, mining, construction, and manufacturing?

a)

Production

b)

Finance

c)

Marketing

d)

Management

6.

What function focuses on the customer?

a)

Production

b)

Finance

c)

Marketing

d)

Management

7.

What function includes any activity related to making a product?

a)

Production

b)

Finance

c)

Marketing

d)

Management

8.

What function includes any activity that works with money?

a)

Production

b)

Finance

c)

Marketing

d)

Management

9.

Complete the outline with the correct term. The Six Functions of Business i. Human Resources ii. Strategy iii. Information Management iv. ______________ v. Marketing vi. Finance/Accounting

a)

Operations

b)

Customer Service

c)

Mission

d)

Vision

10.

What is the definition of business?

a)

A route or plan of action designed to achieve certain organizational goals and objectives.

b)

A for-profit or non-profit organization involved in commercial, industrial, or professional commerce.

c)

Improving existing products and developing new products in order to meet customer demands

d)

Collecting, organizing, storing, and securing relevant data and information.

11.

Which business function is responsible for recruiting, hiring, onboarding, training, evaluating, and terminating employees?

a)

Finance/Accounting

b)

Strategy

c)

Human Resources

d)

Marketing

12.

A company’s purpose, reason for being, and problem it is solving is its:

a)

strategy

b)

target market

c)

profit margin

d)

mission

13.

Which business function deals with the daily functioning of an organization, managing the inputs and outputs, and includes manufacturing, purchasing, and logistics?

a)

Marketing

b)

Finance/Accounting

c)

Operations

d)

Information Management

14.

What is the process of recording, maintaining, and reporting an organization’s financial transactions and records?

a)

Accounting

b)

Finance

c)

Marketing

d)

Strategy

15.

Installing hardware, Maintaining hardware, and Maintaining computer network

a)

Accounting

b)

Management

c)

Marketing

d)

Information Technology

e)

Operations

16.

Controlling/Monitoring, Directing, and Planning/Goal Setting

a)

Accounting

b)

Management

c)

Marketing

d)

Information Technology

e)

Operations

17.

Pricing products, Product Placement, and Selling/Working with Customers

a)

Accounting

b)

Management

c)

Marketing

d)

Information Technology

e)

Human Resources

18.

Receiving goods, Shipping goods, and Inventory control

a)

Accounting

b)

Management

c)

Marketing

d)

Information Technology

e)

Operations

19.

Maintaining email accounts, Installing software, and Computer security

a)

Accounting

b)

Management

c)

Marketing

d)

Information Technology

e)

Operations

20.

Create online ads via Facebook, Tik Tok, Instagram

a)

Management

b)

Marketing

c)

Accounting

d)

Information Technology