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Business Management Final Study Guide EXAM QUESTIONS AND ANSWERS 100- SOLVED (Newest 2025)

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Business Management Final Study Guide EXAM QUESTIONS AND ANSWERS 100- SOLVED (Newest 2025)

Institution
Business Management Fin
Course
Business Management Fin

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Business Management Final Study
Guide EXAM QUESTIONS AND
ANSWERS 100- SOLVED (Newest 2025)

Which of the following is a career area in business: - CORRECT ANSWERS Marketing



Which of the following is a career area in business management: - CORRECT ANSWERS
business information management



An employee who answers phone calls and manages the office schedule works in - CORRECT ANSWERS
administrative services.



Employees who have supervisory responsibilities for part or all of the business work in - CORRECT
ANSWERS general management.



Jared was just hired for a new job. The employee who interviewed him and took him through the hiring
process works in - CORRECT ANSWERS human resource management.



Which of the following is a career area in finance: - CORRECT ANSWERS Insurance



Jenn has bookkeeping responsibilities at her new job. In what department does she likely work? -
CORRECT ANSWERS Accounting



John has just been hired as a loan officer. His new career is in the area of - CORRECT ANSWERS
banking services.

,Diana prepares bills and invoices for her company. Her career is in the area of - CORRECT ANSWERS
corporate finance.



Which of the following industries exists to protect individuals and businesses from financial losses: -
CORRECT ANSWERS Insurance



Which industry includes brokerage firms and stock exchanges? - CORRECT ANSWERS
Securities and investments



Which of the following is a career area in marketing: - CORRECT ANSWERS Merchandising



Taylor works as a public relations manager. His career is in the area of - CORRECT ANSWERS
marketing communications.



Katharine has just been hired as a brand manager at a retail chain. Her career is in the area of - CORRECT
ANSWERS marketing management.



Employees who look for meaningful clues about what customers want and why they want it work in -
CORRECT ANSWERS marketing research.



Bo's job is to choose and buy clothing for a retail store. His career is in the area of - CORRECT ANSWERS
merchandising



Professional selling belongs in what career area? - CORRECT ANSWERS Marketing



The best business career prospects are available to candidates who have - CORRECT ANSWERS
earned a bachelor's degree.

, Learning new job skills or updating your current job skills is known as - CORRECT ANSWERS
professional development.



Which of the following skills is at the core of most business activities: - CORRECT ANSWERS
Communication skills



What is management? - CORRECT ANSWERS Management is the logical process of
coordinating resources, such as money and employees, in order to accomplish an organization's goals.



Why is it important for managers to understand the jobs of the workers they manage? - CORRECT
ANSWERS Managers need to understand the jobs their workers perform in order to
effectively manage the employees who do the work. If managers understand the jobs, they know how
workers should do their jobs and are able to answer questions and help employees solve problems. They
are aware of what it takes to complete certain tasks.



Explain the planning management function. - CORRECT ANSWERS The planning management
function involves deciding what work will be done and how it will be accomplished. When managers
plan, they identify the goals for the business, methods of achieving those goals, the resources required
to carry out the plans, and target completion dates for tasks and projects.



Discuss the organizing management function. - CORRECT ANSWERS Organizing involves
setting up the way the business's work will be done. When managers organize, they review the plans
that they have made, determine the jobs that need to be performed, group those jobs into
departments, and establish lines of authority.



Describe the management function of staffing. - CORRECT ANSWERS The staffing function
involves finding employees who know how to do the necessary work of the business. When managers
conduct staffing, they identify the types of skills that employees need to have, develop ways to recruit
and hire the most qualified people, assign new employees to specific work areas, determine
compensation for workers, and decide what skills will be needed in the future.



What is the directing management function? - CORRECT ANSWERS The directing
management function involves providing guidance to workers and work projects, as well as motivating

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Institution
Business Management Fin
Course
Business Management Fin

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