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Managerial Roles and Responsibilities Quiz

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Questions and Answers

What is the primary concern of production managers?

Creating demand for products
Managing the conversion process (correct)
Advertising and promoting products
Ensuring financial goals are met

Which of the following is NOT a responsibility of marketing managers?

Advertising and promoting products
Ensuring liquidity (correct)
Setting prices
Processing revenue

What is one of the responsibilities of finance managers?

Demonstrating services
Storing and displaying products
Supervising salespeople
Preparing financial information for stakeholders (correct)

Which role focuses on creating demand for products and services?

<p>Marketing manager (C)</p> Signup and view all the answers

Which of the following inputs is NOT associated with the production system?

<p>Advertising (D)</p> Signup and view all the answers

Flashcards

Production Manager Role

Manages the conversion of inputs (resources) into products/services.

Marketing Manager Goal

Creates demand for products/services by identifying buyers, advertising, pricing, and sales support.

Finance Manager Task

Ensures company's financial health, providing financial data and managing resources (funds).

Production System Input

Raw materials, personnel, machines, buildings, technology, and cash needed for creation.

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Marketing Manager Responsibilities

Identifying customers, advertising, storing products, handling sales, and customer service.