Business Management

Business Management Certification Exam Questions With 100% Correct Answers 2024 Which government agency oversees discrimination in the workplace? - answerEqual Employment Opportunity Commission (EEOC) Which department is responsible for hiring, staffing, training, and evaluating an organization's personnel? - answerHuman Resources What market strategy uses skimming, penetration, or cost-based methods? - answerPrice Which market strategy uses advertising, personal selling, or publicity me...

Business Management FINAL EXAMS [100% PASS] /verified/ Business *Ans* The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. What are the four resources a business needs in order to be successful? *Ans* Human resources, material resources, informational resources, and financial resources. What do service businesses do? *Ans* They provide services. Ex: Haircuts, legal advice, tax preparation, etc. Intermediary *Ans* ...

Solution Manual For Business Marketing Management B2B, 13th Edition Michael D. HuttThomas W. Speh Douglas Hoffman

1.1 Introduction to Business-Questions and Answers Graded A+ Outsourcing - ANSWER-Setting up businesses abroad to produce parts and products for domestic use or sale Offshoring - ANSWER-The movement of some of a company's operations to another country Marketing - ANSWER-the process of developing, promoting and distributing products, or goods and services. Human Resources - ANSWER-People who work to produce goods and services. Production - ANSWER-The making of goods and services ...

What are business objectives? - ANSWER-Business objectives are goals the business is aiming to achieve. Objectives give the business and employees' direction What is vision statement? - ANSWER-- what the business wants to become in the future. The business' future aspirations; What is a Mission statement? - ANSWER--what the business stands for, its purpose and how it intends to get there. What are the 4 main types of business objectives? - ANSWER-1- To make profit 2- Increase market...

Administrative Services Manager - ANSWER-The primary duty is managing support services for various organizations, from large government agencies to small businesses. These workers help organizations work efficiently. Construction Manager - ANSWER-The person responsible for the execution of a construction project. Construction managers must be available-often 24 hours a day-to deal with delays, bad weather, or emergencies at the jobsite. Education Administrator - ANSWER-Education administra...

organization - ANSWER-a group of people who work together to achieve some specific purpose management - ANSWER-pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading and controlling the organization's resources efficient - ANSWER-cheap and wise effective - ANSWER-get it done Management process(Four Management Functions) - ANSWER-Planning Organizing Leading Controlling Competitive Advantage - ANSWER-A...

retailers - ANSWER-are businesses that sell directly to final consumers wholesalers - ANSWER-are businesses that buy products from businesses and resell them to other businesses product - ANSWER-can be defined as all attributes, both tangible and intangible, that customers receive in exchange for the purchase price. price - ANSWER-is the amount of money needed to acquire a product. promotion - ANSWER-means providing information to consumers that will assist them in making a decision ...

Human Resources Management (HRM) - ANSWER-All activities involved with acquiring developing and compensating the people who do the companies work Job Description - ANSWER-A list of basic tasks that make up a job Job Specification - ANSWER-A list of the qualifications a worker needs to do that job. Promotion - ANSWER-The advancement of an employee within a company to a position with more authority and responsibility. Usually includes a pay increase and may include greater prestige and be...

Manager - ANSWER-A person who is one expert in their field of work and is responsible for Administrating all or part of a business Management - ANSWER-Is the problem solving process of using resources to Achieve goals through planning, organizing, staffing, directing and evaluating When it comes to business management.... - ANSWER-A person must be educated in not only management but also business Many different types of.... - ANSWER-Business managements Managers can either.... - ANSW...