Management Principles
Marketing Fundamentals
Financial Management
Human Resource Management
Business Environment
100

This principle of management advocates for unity of direction, where all employees work towards a common goal. What is Unity of Direction?

 Unity of Command

100

This marketing concept involves understanding the needs and wants of customers. What is Market Research?

Market Research

100

This financial statement shows the financial position of a business at a particular point in time. What is Balance Sheet?

Balance Sheet

100

This HR function involves recruiting and selecting employees for a business. What is Recruitment and Selection?

Recruitment and Selection

100

This type of business structure involves a single owner who has unlimited liability. What is Sole Proprietorship?

Sole Proprietorship

200

This management principle involves assigning tasks to employees based on their skills and abilities. What is Division of Labour?

Division of Labour

200

 This marketing mix element involves setting the price of a product. What is Pricing?

Pricing

200

This financial statement shows the income and expenses of a business over a particular period of time. What is Income Statement?

Income Statement

200

This HR function involves training and developing employees to improve their skills. What is Training and Development?

Training and Development

200

This type of business structure involves two or more owners who share profits and losses. What is Partnership?

Partnership

300

This principle of management involves setting clear goals and objectives for the organization. What is Setting Objectives?

Goal Setting

300

This marketing mix element involves promoting a product through advertising and other means. What is Promotion?

Promotion

300

This financial ratio measures a company's ability to pay its short-term debts. What is Current Ratio?

Current Ratio

300

This HR function involves managing employee performance and behavior. What is Performance Management?

Performance Management

300

This type of business structure involves a separate legal entity with limited liability. What is Company?

Company

400

This principle of management involves motivating employees to achieve organizational goals. What is Motivation?

Motivation

400

This marketing mix element involves distributing a product to customers. What is Place?

Distribution

400

This financial concept involves the process of evaluating investment opportunities. What is Capital Budgeting?

Capital Budgeting

400

This HR function involves maintaining good employee relations and resolving conflicts. What is Employee Relations?

Employee Relations

400

This external factor affects a business's operations and performance. What is Economic Environment?

Economic Environment

500

This principle of management involves monitoring and controlling the performance of employees. What is Control?

Controlling

500

This marketing mix element involves creating a product that meets customer needs. What is Product?

Product Development

500

This financial concept involves the process of managing cash flows. What is Cash Flow Management?

Cash Flow Management

500

This HR function involves ensuring a safe and healthy work environment. What is Occupational Health and Safety?

Occupational Health and Safety

500

This external factor involves the social and cultural norms of a business's customers. What is Social Environment?

Social Environment

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