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Business Management exam test quiz and answers graded A+

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Business Management exam test quiz and answers graded A+

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Business Management exam test
quiz and answers graded A+
Staffing is one of the five functions of management, along with - ANS✅✅Planning. Staffing is one
of the five functions of management, along with planning, organizing, directing, and controlling.
Though managers may engage in discussing business matters, maintaining business operations, or
fixing problems, these are not identified as functions of management.



None of the other managerial functions can be carried out effectively without staffing because -
ANS✅✅Staffing supplies the human resources needed for management. None of the other
managerial functions—planning, organizing, directing, and controlling—can be carried out effectively
without staffing. This is because staffing supplies the human resources (people) needed to fulfill the
tasks involved in these functions. Organizational communications are not a staffing task. Organizing
lays the foundation for staffing—not the other way around. Businesses are not legally required to
perform the management functions in a certain order.



Which of the following is an effect of overstaffing: - ANS✅✅Inefficiency. When a business is
overstaffed, it's wasting money on unnecessary wages, benefits, training, etc. It's inefficient and will
begin to lose competitiveness. Understaffing creates poor customer service, exhausted workers, and
low morale.



Staffing is important because human resources are - ANS✅✅The organization's most valuable
assets. Staffing is important because human resources are an organization's most valuable assets.
However, they are also an organization's most fragile assets—hardly indestructible! Human
resources are usually fairly easy to find; however, everyone has unique talents and experience, so
these resources are not interchangeable.



The staffing function is different from the organizing function because staffing is -
ANS✅✅Continuous. The staffing function is different from the organizing function because staffing
is continuous. It's always taking place within the organization, whereas organizing may take place
just one time. Staffing is not optional—businesses need human resources to operate. Organizing lays
the foundation for staffing. Neither function is more important than the other.



The key to recruiting is - ANS✅✅finding the right number of applicants.



Completing an employee's insurance and tax paperwork is part of which staffing task? -
ANS✅✅onboarding

, Which of the following is a career area in business: - ANS✅✅Marketing.



Which of the following is a career area in business management: - ANS✅✅Business information
management



An employee who answers phone calls and manages the office schedule works in -
ANS✅✅Administrative services.



Employees who have supervisory responsibilities for part or all of the business work in -
ANS✅✅General management.



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



Which of the following is a career area in finance: - ANS✅✅Insurance.



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



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



Diana prepares bills and invoices for her company. Her career is in the area of - ANS✅✅Corporate
finance.



Which of the following industries exists to protect individuals and businesses from financial losses: -
ANS✅✅Insurance.



Which industry includes brokerage firms and stock exchanges? - ANS✅✅Securities and
investments.



Which of the following is a career area in marketing: - ANS✅✅Merchandising

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