Ch. 6 and 7 Test Review Part III

Match it! Select the correct answer from the pull down...Good luck!

Supervisors spend most of their time on the __________ management function.

Products or raw materials a business keeps on hand to do business are referred to as __________.

__________ financing is money needed for the main resources of a business that will last for many years.

A(n) __________ is someone who takes a risk in starting a business to earn a profit.

The source of owner-supplied money depends on the business’ ownership structure, In a(n) __________, one person will supply the money,

The __________ management function involves identifying and arranging the work and resources needed to achieve the goals that have been set.

The management function that determines to what extent the business is accomplishing the goals it set out to reach in the planning stage is __________.

The important principles that guide decisions and actions in a company are called __________ values.