Management and Finance Quiz
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Questions and Answers

Which area is considered one of the most important in management?

  • Marketing
  • Operations
  • Human resources
  • Strategy (correct)

    • What is the importance of understanding financial implications in business strategy?

  • It improves profitability (correct)
  • It helps in disaster recovery
  • It enhances employee satisfaction
  • It reduces operational costs

    • What do management employees need to have a strong understanding of?

  • Profitability (correct)
  • Operational efficiency
  • Employee engagement
  • Customer satisfaction

    • What does studying finance teach you?

    <p>How to create value</p> Signup and view all the answers

    What are the three questions that need to be answered when starting a business?

    <p>What are the long-term investments, what are the lines of business, what are the sources of financing</p> Signup and view all the answers

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