MANAGEMENT EXAMINATION TEST 2026
COMPLETE QUESTIONS WITH VERIFIED
SOLUTIONS
◉ financial quarter. Answer: a 3 month period
◉ finance. Answer: deals with the strategic financial issues
associated with increasing the value of the business while observing
applicable laws and social responsibilities
◉ marketing. Answer: the process associated with promoting the
sale of goods or services
◉ marketing mix. Answer: includes the variables that marketing
managers can control in order to best satisfy customers in the target
market
◉ product life cycle. Answer: four phases: intro, growth, maturity,
decline
, ◉ operations management. Answer: management of systems or
processes that convert or transform resources (incl. HR) into goods
or services
◉ distributed computing. Answer: processes and manages
algorithms across many machines in a computing environment
◉ data mining. Answer: process of analyzing data to extract info not
offered by raw data alone
◉ data profiling. Answer: process of collecting stats and info about
data in an existing source
◉ data replication. Answer: the process of sharing info to ensure
consistency between multiple data sources
◉ recommended engine. Answer: data-mining algorithm that
analyzes customer purchases and actions on a website and then uses
the data to recommend complementary products
◉ estimation analysis. Answer: determine values for an unknown
continuous variable behavior or estimated future value