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