Podcast
Questions and Answers
What is the primary purpose of a Business Organizational Chart?
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?
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?
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?
What is the role of the Sales and Marketing function in product development?
Which business function is responsible for handling consumer enquiries and complaints?
Which business function is responsible for handling consumer enquiries and complaints?
What is the primary goal of the Human Resources function?
What is the primary goal of the Human Resources function?
What is the role of the Production/Operations function in planning output?
What is the role of the Production/Operations function in planning output?
Which business function is responsible for raising finance and managing cash flow?
Which business function is responsible for raising finance and managing cash flow?
What is the primary focus of the Sales and Marketing function?
What is the primary focus of the Sales and Marketing function?
Which business function is responsible for managing the company's IT systems?
Which business function is responsible for managing the company's IT systems?