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Questions and Answers
Business is any activity that provides goods or services to consumers for the purpose of making a profit.
Business is any activity that provides goods or services to consumers for the purpose of making a profit.
True
Revenue represents the funds an enterprise receives in exchange for its goods or services.
Revenue represents the funds an enterprise receives in exchange for its goods or services.
True
Non-profit organizations are set up to make profits.
Non-profit organizations are set up to make profits.
False
The primary role of owners in a business is to invest money.
The primary role of owners in a business is to invest money.
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Stakeholders include customers, vendors, employees, landlords, bankers, and others.
Stakeholders include customers, vendors, employees, landlords, bankers, and others.
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