Resources Managed in Business

Front

What are the four main resources that managers must manage in a business?

Back

Human resources, financial resources, material resources, and information

Front

Which type of resource includes employees of a business?

Back

Human resources

Front

What do financial resources include?

Back

Cash, income from sales, and investments

Front

What do material resources involve?

Back

Purchasing equipment and supplies

Front

What type of information is considered external?

Back

Economic trends and business industry info

Front

What type of information is considered internal?

Back

Sales reports

Front

What is the importance of managing information in a business?

Back

To make good decisions

Front

Which type of manager provides information about the equipment and supplies that workers need as material resources?

Back

first line

Front

True or False: All levels of management are involved with human resources.

Back

True

Front

True or False: Many businesses believe that employees are their most important resource.

Back

True