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Functional Departments In A Typical Business And Their Roles

5 Questions
Business Quizzes & Trivia

This quiz covers module 3 of the course. It's purpose is to ascertain student understanding of the top functional departments in a typical business and their roles. This quiz will be used by the instructor to gauge student learning. There will be no grades associated with it but will count 2 points towards your final grade if taken. The instructor will provide feedback to individual students and the class also one week prior to the course midterm exam.

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Questions and Answers
  • 1. 
    • A. 

      Finance, Marketing, IT, Legal, and HR

    • B. 

      HR, Management, IT, Legal, Production

    • C. 

      Manufacturing, Quality Control, HR, Finance, Legal

    • D. 

      Legal, Security, HR, Manufacturing, and Finance

    • E. 

      Facilities, Manufacturing, HR, Finance, Production control

  • 2. 
    What are the top three roles of a typical Finance department?
    • A. 

      Sales forecast, Acccounting, Treasury operations

    • B. 

      Accounting, Comptrollership, Risk mitigation

    • C. 

      Treasury operations, Accounting, Comptrollership

    • D. 

      Petty cash disbursements, Accounting, Sales

  • 3. 
    What are the three major roles  in a Human Resource (HR) department?
    • A. 

      Recruiting, Performance Appraisals, Employee luncheons

    • B. 

      Employee Relations, Retention and Labor disputes

    • C. 

      Employee appraisals, Recruiting, and Retention

    • D. 

      Recruiting, Employee Relations and Benefits and Compensation

  • 4. 
    What are the top three roles in a firm's Legal department?
    • A. 

      Lawsuits, Insurance and Contracts

    • B. 

      Litigation, Contracts, Managing company legal risk

    • C. 

      Trials, Contracts and Lawsuits

    • D. 

      Warranties, Liabilities and Contracts

    • E. 

      Judge Judy preparation, Contracts and Litigation

  • 5. 
    What are the top three roles of a company's Marketing Department?
    • A. 

      Consumer demand research, advertising and marketing strategies for the firm's products and services

    • B. 

      TV commercials, sales promotions and research

    • C. 

      Sales staff development, Advertising and Market research

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