Who oversees the overall operations and resources of the company?
Activity 1

Quiz
•
Business
•
•
Hard
John Guday
Used 2+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
VP for Production
President/Chief Executive Officer (CEO)
Board of Directors
VP for Marketing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the responsibility of the VP for Marketing?
Formulating marketing strategies and plans
Ensuring production meets customer demands
Coordinating the functions of administration, finance, and marketing departments
Directing and coordinating company sales
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'Working Capital' refer to?
The main concern of operating decisions
Short-term assets and liabilities of a firm
The total amount of funds that a firm can commit for investment
The science and art of managing money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the VP for Finance?
Determining the total fund requirements of the firms
Ensuring production meets customer demands
Formulating marketing strategies and plans
Coordinating the functions of administration, finance, and marketing departments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the goal of financial management?
To increase the number of employees in the company
To reduce the company's revenue
To maximize the value of shares of stocks
To minimize the risk involved in investments
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the responsibilities of the Board of Directors?
Coordinating the functions of administration, finance, and marketing departments
Ensuring production meets customer demands
Setting policies on investments and capital structure
Determining the optimal dividend distribution
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern of operating decisions?
Determining the total amount of funds for investment
Managing the working capital of the firm
Identifying the optimal dividend distribution
Formulating marketing strategies and plans
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