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Business Management Warm-Ups 11/8-9/23
Quiz by NeKeisha King Price
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5 questions
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- Q1What is the purpose of a business plan?To manage employee schedules.To handle customer complaints.To outline the goals and strategies of a business.To calculate profit margins.30s
- Q2What is the purpose of a mission statement?To outline specific business goals.To define the company's core purpose and values.To create employee performance metrics.To develop marketing strategies.30s
- Q3What is the purpose of a performance appraisal?To conduct disciplinary actions.To assign work responsibilities.To evaluate an employee's job performance and provide feedback.To determine salary increases.30s
- Q4What is the purpose of a budget?To measure employee productivity.To plan and control financial resources.To evaluate customer satisfaction.To analyze competitive market trends.30s
- Q5What is the purpose of organizational structure in business management?To develop marketing campaigns.To calculate financial ratios.To conduct customer surveys.To define the hierarchy and division of responsibilities within a company.30s