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Questions and Answers
What is the primary function of management?
What is the primary function of management?
- Planning, organizing, staffing, directing, and controlling (correct)
- Implementing marketing strategies
- Setting financial goals only
- Supervising employees' personal lives
Which of the following is an example of a financial market intermediary?
Which of the following is an example of a financial market intermediary?
- Mutual funds (correct)
- Credit card companies
- Real estate agents
- Insurance agencies
What does the term 'SWOT' stand for in business management?
What does the term 'SWOT' stand for in business management?
- Supply, Waste, Output, Time
- Strengths, Weaknesses, Opportunities, Threats (correct)
- Subsidies, Wages, Organization, Taxes
- Sales, Workforce, Operations, Technology
