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A business that exists to fulfill a specific mission or undertaking is called a ______________ business.
What is a nonprofit?
Making sure that a business has enough of a product in stock without having too much on hand is the goal of
What is inventory management?
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.
Controlling
A job specification is an explanation of
The skills, knowledge, and characteristics required for a job
An action that is part of information management
Disseminating information
Financial analysis occurs when a business
What is keeps accurate expense reports?
A behavior that demonstrates the primary business activity of strategic management
What is planning and organizing for the future?
Examples of top-level management job titles
President, senior vice president, and chief executive officer
The part of staffing that involves seeking out and attracting qualified potential job candidates is called
Recruiting
U.S. Law that relates to information management
Sarbanes-Oxley Act
Which of the following activities demonstrates human resources management:
A. The business gives its preferred customers a special discount.
B. The business takes care of the responsibilities associated with having employees.
C. The business includes top-level managers in long-term planning.
B.The business takes care of the responsibilities associated with having employees?
Demonstrates the interrelationship among primary business activities
What is when one business activity changes, so the others must adjust?
Examples of middle-management job titles
District manager, department head, and regional sales manager
Orientation
Who is responsible for information management
everyone
Which of the following activities demonstrates information management?
What is strong and retrieving information?
The main purpose of management is
To accomplish the business's goals
Examples of first-line management job titles
Collections supervisor, crew chief, and production supervisor
Making sure a company follows laws and regulations describes the HR management activity of
Compliance
Appropriate information management affects a business's relationship with its customers by
Serving customers more effectively
Which of the following activities demonstrates the primary business activity of marketing?
a. The business prepares for long-term success by planning and organizing.
b. The business meets customers' needs by offering appropriate products
c. The business expects to merge with another business in the industry.
B. The business meets customers' needs by offering appropriate products.
James Crane has created a team atmosphere among members of his sales department. When the team exceeded their monthly sales goal, James rewarded them with a celebratory dinner out and a 5% bonus. This management function is ____________
Directing
The first task in HR management activity of staffing is
Determining the need
Human resources are a company's most important resources because
Wireless networks are now more common due to
Increased distribution of the workforce