Functional Areas of Business - Entrepreneur

Which of the following is not a functional area in a business?

• Marketing

• Production

• Customer Service

• Information Technology

Which one of the department or functional areas in buisiness is reponsible for "making all payments on behalf of the business"?

• Human Resources

• Finance and Accounts

• Research and Development

• Marketing

Managers often utilise the acronym SMART to help them create sensible, meaningful goals. What does the "S" in SMART stands for ?

• SMART

• STAFF

• SOURCE

• SPECIFIC

WHICH ONE OF THE MANAGMENT FUNCTION CORRESPONDS WITH THE ACTIVITY: "Hiring individuals who are best suited for the job".

• DELEGATING

• COORDINATING

• STAFFING

• COMMUNICATING

STATE ONE INTERNAL STAKEHOLDER GROUP

Look at the image and select which organizational structure is best suited to the image.

• Line and Staff

• Line

• Functional

• Matrix

Employees are largely left to make decisions on their own. What type of leadership style is this?

• Charismatic

• Laissez- faire

• Authoritarian

• Democratic

Letters, reports and memos. What type of communication is this?

• Oral

• Written

• Electronic

• Visual

All of the following are examples of personal needs which are satisfied through employment (as outlined by the Maslow Model) EXCEPT:

• Psychological

• Security

• Motivational

• Self-actualization

Which of the following BEST describes MIS?

• An integrated system designed to collect quantitative data put into the system across the functional areas of a business

• An integrated system designed to collect and retrieve quantitative data put into the system across the functional areas of a business

• An integrated system designed to collect, process, analyse, and retrieve quantitative data put into the system across the functional areas of a business

• An integrated system designed to collect, process, analyse, and retrieve financial data put into the system across the functional areas of a business