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