supermarkets and conveniences stores.a. Competitive bidding b. whole sale c. purchasing managers d. procurement7. It will develop credit policies and monitor collection of accounts.a. Managers b. production managers c. operations mangers d. credit managers8. It involves the proper handing and maintenance of the clerical aspects of all the functionaldepartment of the organization.a. Office management9. It is engaged in sales forecasting, pricing analysis, and other processing.a. Finance and marketingb. Sales and marketing information system10. It is mostly involved in major areas of financial management such as investment, financing,and asset management.b. operation management c. HRMd. marketingC. Human resources managementd. Information system mangersa. Controllerb. financeC. treasurerd. CFO11. They have the willingness to utilize their resources to the fullest and the creativity to comeup with innovative products and strategies.a. Entrepreneurs are self-reliantb. Entrepreneurs have initiative12. These are small companies that are considered "high potential ventures" with phenomenalC. Micro businessd. Entrepreneurs dream bigprospects for growth.C. Gazellesd. Small-and Medium- sized businessa. Micro businessb. Lifestyle business13. These business ventures operate on a smaller scale and have limited profits.C. Lifestyle businessd. Small-and medium-sized businessa. Micro businessb. Gazelles14. it is a type of a certain level of income to maintain their lifestyle.a. Gazeliiesb. Micro businessC. Micro businessd. lifestyle business

Note “Since you have asked multiple question, we will solve the first question for you. If you want…

Answered: 7. It will develop credit policies and…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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An HR director is outsourcing recruiting efforts to a staffing organization and is charged with implementing the staffing organization project/initiative. The original plan had been to eliminate in-house staffing personnel, but, at the hiring managers' request, the HR director has decided to maintain a small in-house team of corporate recruiters who will work with the staffing organization. This will provide continuity for the hiring managers in the organization. The HR director must facilitate the integration of the staffing organization team with full-time personnel from the organization. The staffing organization team will consist of recruiters, sourcing professionals, and administrative assistants led by a staffing organization manager.The staffing organization recruiters manage the intake of open positions from the hiring managers. The in-house corporate recruiters assess open positions for fulfillment. The corporate recruiters often bypass the staffing organization manager to…
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