unit 1 quiz

all th =e ones i out this one is my answers. Are they the correct ones?

1. Operations management is most concerned with taking the goods, services, and people of an organization and converting them into:

   		losses.
   this one		profits.
   		turnover.
   		costs.

20 points

Question 2

1. Which component of business is responsible for recruiting, screening, training, rewarding, and appraising employees of the business?

   this one		Human resource management
   		Operations management
   		Finance and Accounting
   		Strategic management

20 points

Question 3

1. This component of business ensures that all other components of the business are functioning properly and working together to help the business achieve its goals.

   		Finance and accounting
   		Strategic management
   		Human resource management
   this one		Operations management

20 points

Question 4

1. __________ is where a person or people administer the practices of the business so that they can create the most efficient methods of operation possible.

   this one		Strategic management
   		Marketing
   		Human resource management
   		Operations management

20 points

Question 5

1. __________ is any type of firm or organization that provides goods and services in an attempt to make a profit.

   		Store
   		Restaurant
   this one		Business
   		School

 

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