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