Mn153 20' January
A(n) ______ is a framework of how a business intends to generate revenue.
Profitability Analysis
_____ refers to a view of business that considers the many decisions that must be made and the potential problems that must be overcome before the organisation can deliver products or services
Business mindset
What should be done to limit your own filters and biases and to truly seek to improve the communication process
listen actively
_____ skills refer to technical skills in information gathering data analysis, planning, organising, and other aspects of managerial work.
Conceptual
______ is the management function of keeping a companys activities on track toward previously established goals
Leading
What is the most essential role of middle managers?
Overseeing the actual day-to-dayy work of lower level manager
The ______ function of a business involves the recruiting, hiring, and support of its personnel
human resources
A(n) _____ is a brief and inspirational expression of what a company aspires to be
vision statement
Which of the following is not a derterminant for the quantity of people available to work
wage level
what type of exposure to liability is there in a sole trader
exposure is unlimited and the owners personal responsibility
Corporate officers of a company _____?
are hired by the board of directors of a company
What type of relationshp is set up as seperate legal entities by strategic partners who want to work together to produce or sell a good or service
strategic alliance
What of the following would you NOT classify as a political or legal factor in the external enviroment
Consumer attitudes to greaer competiton in the gas and electricity industries
There are 3 branches/functions of Government. Which of these is NOT one of those functions?
Enviromental Function
Which of the following is typically NOT an example of a lobbying group
a political party
Which of the following is the key role of financial institution
Channelling funds
Which of the following actions most accurately reflects a governments monetary policy?
increase corporate tax