Business Activities Quiz
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Questions and Answers

Which of the following is NOT a primary activity that keeps businesses in operation?

  • Marketing products (correct)
  • Keeping track of expenses
  • Hiring people
  • Making/providing products
  • What is the main focus of LAP-EC-071?

  • Leadership
  • Performance
  • Attitude
  • Business activities (correct)
  • Why is it important to learn about business activities?

  • To become a successful entrepreneur
  • To understand how businesses operate (correct)
  • To learn about different career paths
  • To improve personal finance skills
  • Study Notes

    Primary Business Activities

    • Inbound logistics, operations, outbound logistics, marketing, and sales are primary activities that keep businesses in operation.

    LAP-EC-071

    • The main focus of LAP-EC-071 is to identify and analyze the primary and support activities of a business.

    Importance of Learning Business Activities

    • Learning about business activities is important because it helps to understand how businesses operate and how they can be improved.
    • It helps to identify areas where a business can create a competitive advantage and optimize its resources.

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    Description

    Test your knowledge on types of business activities and how they are interrelated with this quiz on LAP 71 Performance Indicator: EC:071. Explore the importance of understanding business activities and apply your learnings to real-life scenarios.

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