Have an account?
Which department is likely to be responsible for dealing with an employee's contract of employment?
___________ is where a business focuses on the needs of consumers when developing products.
Which of the following is a role of the marketing department?
Businesses do not place any importance on good quality customer service.
_________ involves the amount of money owed by customers. It often requires staff from the finance department to chase outstanding debts.
Which task is likely to be completed by the finance department?
Plan a sales promotion
provide customer service
produce a cash flow forecast
Why are businesses likely to be divided into functional departments?
to provide opportunities for specialisation
to help deal with export orders
to improve cash flow in the business
Which of the following tasks is likely to be carried out in the production department?
The production department may have to meet with the marketing department to discuss changes to a customer's order.
___________ are organisations, usually in a particular trade or profession, that represent workers, especially in meetings with employers.
Which of the following tasks involves calculating the number and types of staff that will be required?
__________ are written agreements between an employer and an employee in which each has certain obligations.
Contracts of employment
_______ are sections in a business where all employees have similar skills and specialise in particular activities.
Stock control involves buying the resources needed by the business, such as raw materials, components, energy, tools, equipment and packaging.
Recording transactions is a task carried out by?
Disciplinary and grievances procedures are carried out by?
Which of these is a short-term sources of finance?
Trade payables is a suitable source of finance to fund the purchase of what?
A new delivery vehicle
The opening balance for a business was $ 35 700 and the net cash flow was negative $11 500. The closing balance is:
$ 24 200
$ 11 500
$ 37 200
When a business cannot pay its debts it is said to be?