Business & Marketing Review Quiz

What is the process of recording, maintaining, and reporting an organization’s financial transactions and records called?

• Finance

• Marketing

• Accounting

• Operations

Which term refers to a for-profit or non-profit organization involved in commercial, industrial, or professional commerce?

• Business

• Strategy

• Mission

• Marketing

What does Finance focus on in an organization?

• Managing people assets

• Managing assets, liabilities, equity, and cash flow

• Planning and organizing tasks

• Delivering profitable products

What is the role of Human Resources in an organization?

• Managing financial transactions

• Recruiting, hiring, and training employees

• Creating marketing strategies

• Planning logistics

What does Information Management involve?

• Creating marketing campaigns

• Collecting, organizing, and securing data

• Managing daily operations

• Developing business strategies

What is the purpose of Marketing in an organization?

• Managing financial records

• Delivering profitable products and services

• Hiring and training employees

• Planning and organizing tasks

What does the term 'Mission' refer to in a company?

• The company's financial performance

• The company's purpose and reason for being

• The company's marketing strategy

• The company's daily operations

What is Return on Equity (ROE) a measure of?

• A company's marketing success

• A company's operational efficiency

• A company's financial performance

• A company's employee satisfaction

How is Return on Investment (ROI) usually expressed?

• As a fraction

• As a percentage

• As a ratio

• As a decimal

What does Strategy refer to in a business context?

• A company's financial records

• A plan of action to achieve goals

• A method of hiring employees

• A way to manage daily operations