Quality Indicators of the Eight Business Functions (Grade 10 NSC Matric Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does low staff turnover indicate in the HR function?
What does low staff turnover indicate in the HR function?
Healthy employer-employee relationships
What does data refer to in the administration function?
What does data refer to in the administration function?
Facts & statistics for analysis
Why is budget management critical in the financial function?
Why is budget management critical in the financial function?
Ensures cash allocation & prevents waste
What does effective communication in general management improve?
What does effective communication in general management improve?
Productivity & job satisfaction
What does accreditation mean in the production function?
What does accreditation mean in the production function?
Official recognition of quality status
What is the purpose of product differentiation in marketing?
What is the purpose of product differentiation in marketing?
Distinguish products from competitors
What is Corporate Social Investment (CSI)?
What is Corporate Social Investment (CSI)?
Improving community well-being
Why should purchasing managers buy in bulk quantities?
Why should purchasing managers buy in bulk quantities?
Negotiate discounts & reduce costs
How do the eight business functions relate to each other?
How do the eight business functions relate to each other?
Interconnected & must work harmoniously
What results from poor management practices?
What results from poor management practices?
Ineffective employees who complain