Intro.To Business (BUAD 101)

Elon Musk has three strategic business units (SBUs)—smartphones, healthcare, and accounting. Its smartphone unit is its most profitable unit and is the current market leader in the rapidly growing industry. You work for Elon Musk and you want to merge and acquire the two struggling strategic business units, according to the class notes which of the following below explains a SWOT analysis? It involves assessment of the strengths and weaknesses in an organization's internal environment. It involves assessment of the strengths and weaknesses in an organization's internal and external environment. It involves assessment of the strengths and weaknesses in an organization's external environment It involves reassessment of the strengths and weaknesses in an organization's internal environment.

In the context of the skills that managers should possess, which of the following is a difference between technical skills and conceptual skills? Technical skills can be summarized as the ability to work well with others, whereas conceptual skills can be summarized as the capability of assessing how motivated employees are to interact with superiors. Unlike conceptual skills, technical skills increase in importance as managers rise through the management hierarchy. Unlike managers with conceptual skills, managers with technical skills can recognize how a company fits into or is affected by its external environment. Technical skills are the specialized procedures and knowledge required to get a job done, whereas conceptual skills are the ability to understand how the different parts of a company affect each other.

Zachary Michael Kings has just been announced as the new CEO for TikTok Social Media. He needs to initiate a plan to improve the quality of the services that TikTok provides to its customers. Zachary Michael Kings establishes a ____________ process of providing reasons for TikTok employees to work at TikTok Social Media. planning. organizing. leading. motivating. controlling.

Rihanna, CEO at Fenty, received an award for her excellence in customer service by her business peers. She is excited and elated for this honor in the beauty industry, especially since she has also been a driving force for the beauty industry's corporate social responsibility programs in the society. In this scenario, Rihanna is most likely to possess high _____. human skills planning skills technical skills conceptual skills

As the co-founders of their own company, Jason Derulo and Kristina Kika Kim. Jason Derulo realizes that they need to have a social media presence to compete with their peers in today's business environment, and to develop the social media presence needed, there are some managerial functions that is required. What do you think these managerial functions are planning, leading, organizing, and controlling human, technical, and conceptual human, material, financial, and informational labor, capital, entrepreneurship, and land individual, social, and opportunity

You and three school friends have come up with a new business—Google. There are many people working in the technology business, but you are going to specialize in social media and content creating for Gen Zs. Some of these Gen Zs are busy, so you will do a lot of work. In this scenario, which of the following management functions will be involved in setting goals and determining a means for the business to meet your business desire? Controlling Organizing Planning Leading