Tect answer and write on the space provided L. He developed the concept of career anchors in 1985. a. Gerald Schen 2. They do the actual selling and ensure that the b. Edgar Shin C. Lister Schein d. Edgar Schein a. Sales m

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
1630
dest I. Multiple Choice
Date:
Direction: Choose the letter of the correct answer and write on the space provided
Score:
before the number.
1. He developed the concept of career anchors in 1985.
a. Gerald Schen
b. Edgar Shin
2. They do the actual selling and ensure that the products reach consumers.
C. Lister Schein
d. Edgar Schein
a. Sales mangers
3. It is focus on designing and controlling production and business operations related to
production.
a. Manager b. production managers c. marketing d. operation management
b. sales representative c. advertising managers d. Sales
4. This is the most important financial decision because managers have to determine how much
of the total assets should be held or utilized by the firm and how these will be used by
the company.
a. Financing decision b. investment decision c. asset d. treasurer
5. It is the act of purchasing or acquiring goods and services for the company used.
a. Buyers b. competitive bidding C. procurement d. cash managers
6. It is a type of a buyer who purchases merchandise for resale to retailers and other firms like
supermarkets and conveniences stores.
a. Competitive bidding b. whole sale c. purchasing managers d. procurement
7. It will develop credit policies and monitor collection of accounts.
a. Managers b. production managers c. operations mangers d. credit managers
8. It involves the proper handing and maintenance of the clerical aspects of all the functional
department of the organization.
d. marketing
b. operation management c. HRM
9. It is engaged in sales forecasting, pricing analysis, and other processing.
a. Finance and marketing
b. Sales and marketing information system
morthy invonlved in maior areas of financial management such as investmet, Hm
a. Office management
C. Human resources management
d. Information system mangers
Transcribed Image Text:1630 dest I. Multiple Choice Date: Direction: Choose the letter of the correct answer and write on the space provided Score: before the number. 1. He developed the concept of career anchors in 1985. a. Gerald Schen b. Edgar Shin 2. They do the actual selling and ensure that the products reach consumers. C. Lister Schein d. Edgar Schein a. Sales mangers 3. It is focus on designing and controlling production and business operations related to production. a. Manager b. production managers c. marketing d. operation management b. sales representative c. advertising managers d. Sales 4. This is the most important financial decision because managers have to determine how much of the total assets should be held or utilized by the firm and how these will be used by the company. a. Financing decision b. investment decision c. asset d. treasurer 5. It is the act of purchasing or acquiring goods and services for the company used. a. Buyers b. competitive bidding C. procurement d. cash managers 6. It is a type of a buyer who purchases merchandise for resale to retailers and other firms like supermarkets and conveniences stores. a. Competitive bidding b. whole sale c. purchasing managers d. procurement 7. It will develop credit policies and monitor collection of accounts. a. Managers b. production managers c. operations mangers d. credit managers 8. It involves the proper handing and maintenance of the clerical aspects of all the functional department of the organization. d. marketing b. operation management c. HRM 9. It is engaged in sales forecasting, pricing analysis, and other processing. a. Finance and marketing b. Sales and marketing information system morthy invonlved in maior areas of financial management such as investmet, Hm a. Office management C. Human resources management d. Information system mangers
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