Sub-divisions of Business administration

Question 0

What are the main areas of operational activity?

Answer 0

• Production
• Sales (Marketing)
• Investment and Financing

Question 1

In which functional areas can Business Administration be sub-divided?

Answer 1

• Production
• Sales (Marketing)
• Investment and Financing

Question 2

What are the tasks of the corporate management?

Answer 2

• Planning, Decision-making and Controlling
• Organisation
• Human resources / personnel management

Question 3

What is the purpose of the life cycle model?

Answer 3

To assess business decisions that are unique rare and which shape the company in the long term

Question 4

Model which gas the aim of assessing business decisions that are unique or rare and which shape the economy in the long term

Answer 4

The life cycle model

Question 5

What are the elements of the genetic sub-division of BA? (3 elements)

Answer 5

• Founding or Initiation phase
• Operational sales phase
• Liquidation or Dissolution phase

Question 6

Founding (or Initiation) phase, Operational sales phase and Liquidation (or Dissolution) phase are the elements of…

Answer 6

The genetic sub-division of BA

Question 7

3 elements of the founding phase

Answer 7

• Market analysis for choosing the business segment
• Selection of location and legal form
• Development of organisational structure

Question 8

2 elements of operational sales phase

Answer 8

• Mergers & Acquisitions
• Restructuring
• Going public at the stock exchange

Question 9

2 elements of the liquidation phase

Answer 9

• Corporate crisis

- Insolvency

Question 10

What are the different stages of the lifecycle of a business? (5 elements)

Answer 10

1) Startup
2) Rapid Growth
3) Maturity
4) Decline
5) Rebirth or Death

Question 11

3 elements of the functional aspect of a company in BA

Answer 11

• Production
• Marketing
• Procurement