Business Administration
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which term is synonymous with business administration?

  • Business management (correct)
  • Data analysis
  • Finance administration
  • Marketing studies

    • What does business administration encompass?

  • Product development
  • Customer service
  • Building maintenance
  • Human resources management (correct)

    • What does the term 'administration' refer to in the context of business?

  • Personnel management
  • Decision-making
  • Bureaucratic performance
  • Operational performance (correct)

    • What is the primary goal of business administration?

    <p>Maximizing profits</p> Signup and view all the answers

    Which of the following is not a field covered by business administration?

    <p>Building maintenance</p> Signup and view all the answers

    Which principles were developed to serve the core needs of internal management?

    <p>Principle of Causality and Principle of Analogy</p> Signup and view all the answers

    What is another term often used for management accounting principles?

    <p>Managerial costing principles</p> Signup and view all the answers

    What is the Managerial Costing Conceptual Framework (MCCF) designed to do?

    <p>Incorporate management accounting principles, concepts, and constraints</p> Signup and view all the answers

    What do the principles of management accounting serve?

    <p>The management accounting community and its customers</p> Signup and view all the answers

    What problem does the Managerial Costing Conceptual Framework (MCCF) aim to solve?

    <p>Decades of confusion surrounding management accounting approaches</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser