Business Management Lecture 6
10 Questions
0 Views

Business Management Lecture 6

Created by
@FruitfulMilwaukee

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary purpose of a Business Organizational Chart?

  • To display the structure and relationships of an organization (correct)
  • To illustrate the company's financial performance
  • To showcase the company's products
  • To highlight the company's market research strategies

    • Which business function is responsible for monitoring income and revenue?

  • Human Resources
  • Production/Operations
  • Finance and Accounts (correct)
  • Sales and Marketing

    • What is the primary focus of the Research and Development function?

  • Human resource management
  • Market research and analysis
  • Product development and improvement (correct)
  • Financial forecasting and planning

    • What is the role of the Sales and Marketing function in product development?

    <p>Providing advice on product development and improvement</p> Signup and view all the answers

    Which business function is responsible for handling consumer enquiries and complaints?

    <p>Customer Service</p> Signup and view all the answers

    What is the primary goal of the Human Resources function?

    <p>To manage recruitment and retention</p> Signup and view all the answers

    What is the role of the Production/Operations function in planning output?

    <p>Acquiring resources and monitoring costs</p> Signup and view all the answers

    Which business function is responsible for raising finance and managing cash flow?

    <p>Finance and Accounts</p> Signup and view all the answers

    What is the primary focus of the Sales and Marketing function?

    <p>Market research and analysis</p> Signup and view all the answers

    Which business function is responsible for managing the company's IT systems?

    <p>Administration and IT</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser