Business tset

Transfers all the risk

A characteristic of a sole proprietorship is that the owner

Goods

Each year, more than 500,000 people watch the Soccer World Cup sponsored by Adida. What is being marketed by Adidas?

Planning

Melissa, a marketing manager for an amusement park, has a goal of increasing sales for the month of october.

Directing

A foreman spends time connecting with his workers on an interpersonal level. This involves communicating in ways that motivate

Technical skills

A manager who helps an employee count the money in a cash drawer and prepare a bank deposit is demonstrating:

Limited partnership

A type of business ownership in which one or more of the owners does not have full liability is called a:

Finding out what a buyer wants

According to the marketing concept, which option demonstrates customer orientation?

Yearly

How frequently should the operations function, which consists mainly of activities, be performed?

Manager

John says that his job duties include planning what will be done, organizing and directing workers, and solving problems related to worker

Sole proprietorship

Jose is opening a fish tank cleaning service. He has potential investors, but decides he would prefer to structure the business ownership so that he is ultimately responsible for the success or failure of the business. Which type of business ownership should Jose select?

Staffing the business

One reason why human resources management is important to the success of a business is because this process is responsible for:

Corporation

The Scott Company decided to sell stock to raise capital. Under what form of business organization does the company operate?

Communicating with customers

What marketing activity is taking place when a car dealership promotes their news vehicle on the radio?

Job standards

Which do managers often set in order to control the work effort?

Working with people

Which is a characteristic of human resources management?

franchise

Which type of ownership gives a business an exclusive territory, training and support during start up, and a competitive edge in the market?

Decreased variety of consumer goods

Which would probably result if a business reduced its marketing costs?