Business Administration exam
questions and answers graded A+
Communication skills - ANS✅✅the ability to convey information to another effectively and
efficiently
Economics - ANS✅✅attempts to explain how wealth is created and distributed in communities,
how people allocate their resources and any matter that deals with human wants and their
satisfaction.
Ethics - ANS✅✅the basic concepts and fundamental principles of decent human conduct
Information management - ANS✅✅information management is the process of collecting and
analyzing data that can be used in the strategic decision making process for a business
coordinate - ANS✅✅to bring the different elements of an activity or an organization into a
relationship that will ensure efficiency
purchasing - ANS✅✅to acquire goods or services to accomplish the goals of an organization
chain of command - ANS✅✅the order in which authority and power in an organization is
delegated from top management to every employee at every level of the organization
organization goals - ANS✅✅the overall objectives, purpose and mission of a business that have
been established by its management and communicated to its employees
project - ANS✅✅planned set of interrelated tasks to be executed over a fixed period and within
certain cost and other limitations
channels - ANS✅✅the path through which messages are delivered
tariff - ANS✅✅a tax on imports
, commitments - ANS✅✅detailed examination of the elements or structure of something, typically
as a basis for discussion or interpretation
prioritize - ANS✅✅a process that evaluates a group of items and ranks them in their order of
importance or urgency
purchase order - ANS✅✅a legal contract between a buyer and seller that describes the quantity
price and products ordered, terms of payment and delivery
rules of conduct - ANS✅✅a written set of guidelines issued by an organization to its workers and
management to help them conduct their actions in accordance with its primary values and ethical
standards
initiate - ANS✅✅the process of beginning
work breakdown structure (WBS) - ANS✅✅Project networking modeling step in which the entire
job is graphically subdivided into manageable work tasks.
capability maturity model integration (CMMI) - ANS✅✅monitoring the opportunity for loss for a
business
directing - ANS✅✅the process of building an effective climate and creating opportunity for
motivation supervising scheduling and disciplining
managerial control - ANS✅✅a complete ban on specific goods coming into or leaving a country
knowledge management - ANS✅✅strategy designed to identify document and share an
organization intellectual assets to benefit performance
organize - ANS✅✅state of being efficient or methodical
emotional intelligence - ANS✅✅the ability to identify assess and influence ones own feelings and
those of others
questions and answers graded A+
Communication skills - ANS✅✅the ability to convey information to another effectively and
efficiently
Economics - ANS✅✅attempts to explain how wealth is created and distributed in communities,
how people allocate their resources and any matter that deals with human wants and their
satisfaction.
Ethics - ANS✅✅the basic concepts and fundamental principles of decent human conduct
Information management - ANS✅✅information management is the process of collecting and
analyzing data that can be used in the strategic decision making process for a business
coordinate - ANS✅✅to bring the different elements of an activity or an organization into a
relationship that will ensure efficiency
purchasing - ANS✅✅to acquire goods or services to accomplish the goals of an organization
chain of command - ANS✅✅the order in which authority and power in an organization is
delegated from top management to every employee at every level of the organization
organization goals - ANS✅✅the overall objectives, purpose and mission of a business that have
been established by its management and communicated to its employees
project - ANS✅✅planned set of interrelated tasks to be executed over a fixed period and within
certain cost and other limitations
channels - ANS✅✅the path through which messages are delivered
tariff - ANS✅✅a tax on imports
, commitments - ANS✅✅detailed examination of the elements or structure of something, typically
as a basis for discussion or interpretation
prioritize - ANS✅✅a process that evaluates a group of items and ranks them in their order of
importance or urgency
purchase order - ANS✅✅a legal contract between a buyer and seller that describes the quantity
price and products ordered, terms of payment and delivery
rules of conduct - ANS✅✅a written set of guidelines issued by an organization to its workers and
management to help them conduct their actions in accordance with its primary values and ethical
standards
initiate - ANS✅✅the process of beginning
work breakdown structure (WBS) - ANS✅✅Project networking modeling step in which the entire
job is graphically subdivided into manageable work tasks.
capability maturity model integration (CMMI) - ANS✅✅monitoring the opportunity for loss for a
business
directing - ANS✅✅the process of building an effective climate and creating opportunity for
motivation supervising scheduling and disciplining
managerial control - ANS✅✅a complete ban on specific goods coming into or leaving a country
knowledge management - ANS✅✅strategy designed to identify document and share an
organization intellectual assets to benefit performance
organize - ANS✅✅state of being efficient or methodical
emotional intelligence - ANS✅✅the ability to identify assess and influence ones own feelings and
those of others
