12 Questions
Management is solely about making decisions.
False
The Functions of Marketing are referred to as the 3Ps.
False
Studying business is not essential for developing skills for career success.
False
Entrepreneurs do not face any risk or uncertainty in their pursuit of profit.
False
An entrepreneur is characterized by being passive and avoiding responsibilities.
False
A business exists solely to provide goods and services without any regard for profit.
False
Human resources is responsible for recruiting, hiring, training, developing, and supporting employees.
True
Standard of living is a measure of how well a person or family is doing in terms of satisfying needs and wants with goods and services.
True
Marketing focuses on identifying the major functional areas in a business.
False
Finance and accounting are responsible for ensuring that a company has the funds it needs to operate.
True
Management is not involved in motivating employees toward business goals.
False
Service is an intangible product such as cars and clothing.
False
Test your knowledge on the functions of management and marketing in entrepreneurship and innovation in the field of computer science. Questions cover topics such as organization products, finance, human resources, and marketing strategies.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
