Organization and Goals Quiz

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Which type of businesses buys raw materials and transforms them into goods before selling to customers?

Consulting businesses

Service businesses

Manufacturing businesses (correct)

Merchandising businesses

In the context of the text, what is the main way in which merchandising businesses create profit?

By selling goods at a premium after adding value (correct)

By reducing the quality of goods to cut costs

By providing exceptional customer service

By offering a wide range of products

Which type of establishment sells finished products to customers without altering or transforming them significantly?

Grocery stores (correct)

Merchandising businesses

Contractor organizations

Service businesses

What distinguishes merchandising businesses from service businesses?

Merchandising businesses focus on selling physical products Signup and view all the answers

In the tourism industry, which type of establishment would typically sell souvenirs and goods to tourists?

Merchandising businesses Signup and view all the answers

What is the main focus of Marketing Managers?

Identifying customer needs and preferences Signup and view all the answers

In the context of human resources, what is the primary role of HR professionals?

Planning training programs Signup and view all the answers

What is the key function of Operations in a business?

Ensuring service and product delivery Signup and view all the answers

What is the core responsibility of Finance departments within organizations?

Maintaining accounting records Signup and view all the answers

Which factor influences the adoption of technologies in hospitality businesses that relates to available technical solutions?

Technological factors Signup and view all the answers

What is the primary purpose of Quality Checks in operations?

Ensuring consistency of service and reliability of delivery Signup and view all the answers

Which function of management involves regrouping teams and motivating them to meet targets?

Leading Signup and view all the answers

What is the primary focus of Strategic Management approaches in organizations?

'Big picture' long-term direction Signup and view all the answers

What is the main purpose of goals in an organization?

To set broad targets for the organization Signup and view all the answers

What is the definition of resources in the context of an organization?

Anything with value or potential to generate benefits Signup and view all the answers

Which of the following best describes management in an organization?

A set of activities employed to meet goals Signup and view all the answers

What is decision-making in the management process?

Translating plans into component actions for a given condition Signup and view all the answers

Who is responsible for ensuring that individuals and the organization as a whole are operating within the manager's set path?

Manager Signup and view all the answers

What defines a service-oriented business?

Generation of services as outputs for customers Signup and view all the answers

In the context of resources, what is the significance of business tools and technologies?

Considered as resources that assist organizations in meeting their goals Signup and view all the answers

What is the primary responsibility of a manager within an organization?

To ensure individuals work together to achieve organizational goals Signup and view all the answers

Why are goals important in any organization?

To measure the success of an organization. Signup and view all the answers

Which function best describes the role of decision-making in management?

Determining what must be done and choosing how to do it. Signup and view all the answers