Reference no: EM132927969
Problem 1: What is a major goal of an operating manager?
a) improve relations with the investors
b) improve the financial performance of their department
c) formulate budgeting policies and procedures
d) improve relations with the customers
e) Keep the controller and treasure aware of their budget goals
Problem 2: The key decisions that management make in ensuring the financial management of a company are:
a) Banking, investing and operating
b) Coordinating, Operating and Investing
c) Staffing, Financing, Operating and Efficiency
d) Operating, Investing and Financing
Problem 3: A marketing manager needs to be an important and informed member of the management team. Which answer best summarizes this statement?
a) Marketing managers who share their plans with the shareholders and develop key plans to reach greater volumes of customers.
b) Marketing managers who can track the market conditions and present new product opportunities
c) Marketing managers who understand the financial impact of their decisions and the management of their budget
d) marketing managers who can develop SMART buying practices and inventory management