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Business Management 1 Final Exam Study Guide With Questions And 100% SURE
ANSWERS
Terms in this set (67)
Planning. Staffing is one of the five functions of management, along with planning, organizing,
Staffing is one of the five functions of management,
directing, and controlling. Though managers may engage in discussing business matters, maintaining
along with
business operations, or fixing problems, these are not identified as functions of management.
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
None of the other managerial functions can be staffing. This is because staffing supplies the human resources (people) needed to fulfill the tasks
carried out effectively without staffing because 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.
Inefficiency. When a business is overstaffed, it's wasting money on unnecessary wages, benefits,
Business Management 1 Final Exam Study Guide
Which of the following is an effect of overstaffing: training, etc. It's inefficient and will begin to lose competitiveness. Understaffing creates poor
customer service, exhausted workers, and low morale.
, 8/6/24, 8:54 PM
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—
Staffing is important because human resources are
hardly indestructible! Human resources are usually fairly easy to find; however, everyone has unique
talents and experience, so these resources are not interchangeable.
Continuous. The staffing function is different from the organizing function because staffing is
The staffing function is different from the organizing continuous. It's always taking place within the organization, whereas organizing may take place just
function because staffing is 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 finding the right number of applicants.
Completing an employee's insurance and tax onboarding
paperwork is part of which staffing task?
Which of the following is a career area in business: Marketing.
Which of the following is a career area in business Business information management
management:
An employee who answers phone calls and Administrative services.
manages the office schedule works in
Employees who have supervisory responsibilities for General management.
part or all of the business work in
Jared was just hired for a new job. The employee Human resource management.
who interviewed him and took him through the
hiring process works in
Which of the following is a career area in finance: Insurance.
Jenn has bookkeeping responsibilities at her new Accounting.
job. In what department does she likely work?
John has just been hired as a loan officer. His new banking services.
career is in the area of
Diana prepares bills and invoices for her company. Corporate finance.
Her career is in the area of
Which of the following industries exists to protect Insurance.
individuals and businesses from financial losses:
Business Management 1 Final Exam Study Guide With Questions And 100% SURE
ANSWERS
Terms in this set (67)
Planning. Staffing is one of the five functions of management, along with planning, organizing,
Staffing is one of the five functions of management,
directing, and controlling. Though managers may engage in discussing business matters, maintaining
along with
business operations, or fixing problems, these are not identified as functions of management.
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
None of the other managerial functions can be staffing. This is because staffing supplies the human resources (people) needed to fulfill the tasks
carried out effectively without staffing because 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.
Inefficiency. When a business is overstaffed, it's wasting money on unnecessary wages, benefits,
Business Management 1 Final Exam Study Guide
Which of the following is an effect of overstaffing: training, etc. It's inefficient and will begin to lose competitiveness. Understaffing creates poor
customer service, exhausted workers, and low morale.
, 8/6/24, 8:54 PM
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—
Staffing is important because human resources are
hardly indestructible! Human resources are usually fairly easy to find; however, everyone has unique
talents and experience, so these resources are not interchangeable.
Continuous. The staffing function is different from the organizing function because staffing is
The staffing function is different from the organizing continuous. It's always taking place within the organization, whereas organizing may take place just
function because staffing is 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 finding the right number of applicants.
Completing an employee's insurance and tax onboarding
paperwork is part of which staffing task?
Which of the following is a career area in business: Marketing.
Which of the following is a career area in business Business information management
management:
An employee who answers phone calls and Administrative services.
manages the office schedule works in
Employees who have supervisory responsibilities for General management.
part or all of the business work in
Jared was just hired for a new job. The employee Human resource management.
who interviewed him and took him through the
hiring process works in
Which of the following is a career area in finance: Insurance.
Jenn has bookkeeping responsibilities at her new Accounting.
job. In what department does she likely work?
John has just been hired as a loan officer. His new banking services.
career is in the area of
Diana prepares bills and invoices for her company. Corporate finance.
Her career is in the area of
Which of the following industries exists to protect Insurance.
individuals and businesses from financial losses:
