Mastering Managerial Roles
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Questions and Answers

Which category of management involves setting long-term goals for the business?

  • Planning (correct)
  • Leading
  • Controlling
  • Organizing

    • What is the primary role of managers in business?

  • Supervising other people's performance (correct)
  • Converting inputs to outputs
  • Designing products and services
  • Identifying customers' needs

    • Which category of management involves organizing the operations of a business in the most efficient way?

  • Planning
  • Organizing (correct)
  • Leading
  • Controlling

    • What does marketing consist of?

    <p>Identifying customers' needs and designing products and services</p> Signup and view all the answers

    What is the purpose of finance in a business?

    <p>Enabling the business to use its resources effectively</p> Signup and view all the answers

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