Business & Functions
MGT
Business #2
HR
Strategy
100
A for-profit or non-profit organization involved in commercial, industrial, or professional commerce.
Business
100
what percentage of workers said that they have/would quit their jobs because of poor leadership?
57%
100
More specific than a goal, this is shorter term in nature and hopes to achieve something within a time frame and with available resources:
objective
100
Which of the following areas of HR focuses on searching for appropriate candidates to fill a position?
recruiting, onboarding, HR, management
recruiting
100
A route or plan of action designed to achieve certain goals and objectives is a __________
strategy
200
A specific procedure or action used to support strategy, in order to achieve goals and objectives, is called:
Tactic
200
A manager’s ability to make good trade-offs with limited resources, as well as to effectively handle difficult and/or complex business challenges is:
problem-solving skills
200
which business function has its own 8 functions including the 4 ps?
marketing
200
____ combines employee feelings about their work with how it motivates them to serve the company’s mission.
company culture
200
The key metrics and measures that highlight the health of a business are known as
KPIS or key performance indicators
300
Business is about ___________ managing business functions.
People
300
A clothing store manager launched a new ad campaign online to increase consumer awareness of a new clothing line the store carries. To check if the ad campaign is producing the desired results, the manager tracks customer impressions and the reach of the online ads. Tracking data against the goal to increase customer awareness is an example of:
controlling, planning, staffing, organizing??
controlling
300
A stated, observable, and measurable end result to be achieved within a certain timeframe is known as
goal
300
Which function of an HR department deals with employee reviews and appraisals?
performance management
300
The reason why a company exists - its purpose
mission
400
Which business function is about collecting, organizing, storing, and securing relevant data and information in order to make informed decisions?
Information Management
400
Chain of command
400
mission is a company's purpose, and the strategy is the ______
HOW
400
Which of the following is a process in which new hires are introduced to a company, their fellow employees, and the work environment?
orientation
400
A company’s game plan for reaching its target market is known as
marketing strategy
500
what are the 4 ps?
Product, price, place promotion
500
What primary skills do effective managers need to have?
Problem solving, people skills, procedural skills
500
The Six Functions of Business are...
Human Resources, strategy, info mgt, operations, marketing, finance and accounting
500
Based on the Equal Employment Opportunity Act, an interviewer is prohibited from asking a potential employee certain questions. What is one example of such questions?
What is your proudest achievement?
What country are you originally from?
what is your marital status?
How long did you work at your last job?
500
Strategy is carried out through a company’s actions by use of which three elements?
vision, tactics, KPIs, mission, goals, objectives, management, accounting, tactics
tactics, goals, objectives