Question

level responsible for goal setting and strategic planning
can include money owed to the business by its customers
function that involves determining employee compensation
ability to communicate and build relationships with others
ability to understand how the parts of an organization are interrelated
function that involves establishing lines of authority
ability to understand the specialized aspects of jobs
level responsible for tactical planning and implementing top management goals
equipment and supplies required to produce and/or sell products

Explanation:

This appears to be a matching exercise related to business management concepts. Let's identify the typical terms for each description:

1. Level responsible for goal setting and strategic planning: Top Management (sets long - term goals and strategies)
2. Can include money owed to the business by its customers: Accounts Receivable (amounts customers owe to the business)
3. Function that involves determining employee compensation: Human Resource Management (specifically the compensation function within HR)
4. Ability to communicate and build relationships with others: Human Skills (interpersonal skills in management)
5. Ability to understand how the parts of an organization are interrelated: Conceptual Skills (ability to see the big picture and interrelationships)
6. Function that involves establishing lines of authority: Organizing (one of the management functions, establishes authority and reporting lines)
7. Ability to understand the specialized aspects of jobs: Technical Skills (skills related to specific job - related tasks)
8. Level responsible for tactical planning and implementing top management goals: Middle Management (translates top - level strategies into tactical plans)
9. Equipment and supplies required to produce and/or sell products: Material Resources (or sometimes referred to as physical resources, includes equipment and supplies for production/sales)

For each description, we match it with the appropriate business management concept. For example, top management is responsible for strategic planning, accounts receivable is money owed by customers, human resource management deals with employee compensation, etc.

Answer:

1. Level responsible for goal setting and strategic planning - Top Management
2. Can include money owed to the business by its customers - Accounts Receivable
3. Function that involves determining employee compensation - Human Resource Management (Compensation Function)
4. Ability to communicate and build relationships with others - Human Skills
5. Ability to understand how the parts of an organization are interrelated - Conceptual Skills
6. Function that involves establishing lines of authority - Organizing
7. Ability to understand the specialized aspects of jobs - Technical Skills
8. Level responsible for tactical planning and implementing top management goals - Middle Management
9. Equipment and supplies required to produce and/or sell products - Material Resources