General Business Questions Flashcards
1
Q
What are the 4 functions of a business?
A
Finance
HR
Marketing
Operations
2
Q
What does SMART stand for?
A
Specific Measurable Achievable Realistic Time-bound
3
Q
What are the 5 management styles in the Blake and Mouton grid?
A
Team style Country club Middle of the road Impoverished Produce or perish
4
Q
What are the 4 stages in the Tannenbaum and Schmidt continuum leadership?
A
Tell
Sell
Consult
Join
5
Q
Name the 4 parts of the Boston Matrix:
A
Cash cow
Star
Question mark
Dog
6
Q
What are the 7 P’s?
A
Price Product Place Promotion Process People Physical environment
7
Q
What are the 3 sectors of industry?
A
Primary
Secondary
Tertiary
8
Q
Questionnaires and focus groups are an example of what time of research?
A
Primary research
