A) Making only profits B) Planning, organizing, directing, and controlling C) Only selling goods D) Hiring workers only
A) Avoid paying taxes B) Reduce staff C) Produce only goods D) Maximize profits and achieve objectives
A) Supplier B) Worker C) Customer D) Manager
A) Paying salaries B) Buying machinery C) Selling products D) Predicting the future and setting objectives
A) Monitoring performance and taking corrective actions B) Advertising C) Selling goods D) Hiring staff
A) Supervising workers only B) Writing invoices C) Arranging resources to achieve objectives D) Buying raw materials
A) Selling goods B) Advertising only C) Giving instructions and motivating staff D) Preparing documents
A) Accounting B) Tourism C) Production D) Marketing
A) Marketing B) Production C) Accounts D) Human resources
A) Buying raw materials B) Selling products C) Hiring, training, and welfare of employees D) Warehousing
A) Provides safe products and supports the community B) Maximizes profit only C) Exploits workers D) Avoids taxes
A) Exploiting resources B) Environmental protection C) Selling poor-quality goods D) Paying low salaries
A) Profit chart B) Sales strategy C) Marketing plan D) Organization structure
A) Organization chart B) Budget C) Invoice D) Business plan
A) Few levels of management B) No manager C) Many levels of management
A) Many levels of management B) No hierarchy C) Few levels of management and wide span of control D) Narrow span of control
A) Business capital B) Number of departments in a business C) Total profit of a company D) Number of subordinates a manager can supervise effectively
A) One manager supervises few employees B) Many managers supervise few employees C) One manager supervises many employees D) No managers
A) Small businesses only B) Complex tasks requiring close supervision C) Retail trade D) Simple tasks
A) Paying staff B) Assigning responsibility to subordinates C) Hiring employees D) Selling goods
A) Horizontally only B) From top to bottom C) Randomly D) From bottom to top
A) Employees control a company B) Government sells businesses to private owners C) Businesses merge voluntarily D) Private business is taken over by the government
A) Profit only B) High competition C) Government controls essential services D) Businesses reduce production
A) Wide coverage of services B) Employee training C) High profit D) Bureaucracy and inefficiency
A) Public utilities and essential industries B) Retail trade C) Private companies D) Small-scale business
A) Paying taxes and supporting community programs B) No idea C) Ignoring safety standards D) Avoiding legal obligations
A) Finance department B) Marketing department C) Human resource department D) Production department
A) Reduce workload and improve efficiency B) Fire employees C) Avoid responsibility D) Control sales only
A) Selling goods at high price B) Achieving organizational goals efficiently and effectively C) Paying taxes only D) Employing more people |