I. Multiple Choice. Read Carefully and Choose The Correct Answer

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I. Multiple Choice. Read carefully and choose the correct answer.

A. Operations Management B. Marketing Management C. Financial Management


D. Human Resources E. Financial Management

____1. Its activities relate to identifying costumer needs and interpret these back to the enterprise
for its business reaction.
____2. This functional management area is sometimes called personnel.
____3. Its activities relate to efficient use of machines, space, and personnel.
____4. This functional management area relates to the formal system for management of people
within organization.
____5. Its activities involve innovation or change.
____6. It takes charge of the use of funds in operations.
____7. It answer questions on satisfying the need for new product or service.
____8. This functional management area assesses the economic performance of companies and
industries.
____9. Its activities involve pricing, distribution and promotion of products and/or services.
____10. This functional management area is in charge of quality management.

II. Identification. Identify if the function listed below is that of a Treasurer or Controller.
__________1. Scans the environment
__________2. Takes care of credit and collection
__________3. Manage cash
4. Takes care of budget
5. Takes care of bank relation
6. Administer taxes
7. Plans for control
8. Procures for control
9. Handles foreign exchange concerns
10. Takes care of systems installation
11. Reports and interprets results of operations and financial position.
12. Custodian of funds
13. Takes care of investor relation
14. Consults and coordinates
15. Determines fund requirements
16. Evaluates objectives, policies, and procedure
17. Protects resources
18. Takes care of corporate investment
19. Reports to government entities
20. Takes care of employee benefits
III. Matching Type. Match column A with column B. Write the letter only

Column A
_____1. This is the lead government agency tasked to promote investments in the Philippines.
_____2. This business type is sometimes called a merchandising business.
_____3. These incentives include income tax holiday and tax credits.
_____4. This business type is engaged in converting raw materials to finished products.
_____5. This government agency is attached to the Department of Trade and Industry is tasked to
promote investments, facilitate the business operations of investors, among others.
_____6. This business practice is often implemented by conglomerates to reduce labor cost.
_____7. This business practice involves contracting with an outside provider to produce one or
more of an organization’s goods and services
_____8. Business Process Outsourcing, e.g., call centers
_____9. Example business include doctors’ clinics, law offices, CPA practitioners
_____10. This is an element of manufacturing that converts raw materials to finished products
Column B
A. Trading business
B. Manufacturing business
C. Service Business
D. Philippine Economic Zone Authority
E. Direct labor
F. Outsourcing
G. Board of Investments
H. Fiscal Incentives
I. Business Process Outsourcing
j. offshoring

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