BUS 211 Week 5 Quiz
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A three stage business plan is used by managers. Which of the following is one of the stages?
Assembling raw materials into finished products
Calling customers to sell products
Answering questions about products from customers
Selecting goals and targets for team members
What leadership approach would a leader take if they were to combine a concern for the well-being of the employee with an approachable demeanor and attitude?
Marketing, operations, sales distribution, and customer service support are included in what functions of a business?
Primary value function
Secondary value function
Which component of the HRM system determines who is the best fit for the organization’s specific job requirements?
Performance appraisal and feedback
Recruitment and selection
Pay and benefits
A detailed SWOT analysis would classify competition in the industry or market as a
What term best describes the buyers and sellers available for a particular product?
When looking at a demand curve for a particular product. The slope falls downward from left to right. This slope shows which of the following:
As price decreases, quantity increases.
As price increases, quality increases.
As price decreases, quality increases.
As quantity decreases, price decreases.