Business Administration Overview
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Questions and Answers

What is the primary focus of business administration?

  • Developing marketing campaigns
  • Managing day-to-day business operations (correct)
  • Managing financial investments
  • Negotiating international trade agreements
  • Which of the following tasks is NOT typically associated with business administration?

  • Financial analysis and reporting
  • Strategic planning and decision-making
  • Product design and development (correct)
  • Human resource management
  • Why is understanding business administration important for entrepreneurs?

  • To focus solely on product innovation
  • To manage the overall business activities efficiently (correct)
  • To outsource all business functions effectively
  • To minimize the need for financial planning
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