Business Economics Lecture for BSc. Technology and Bionics
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Business Economics Lecture for BSc. Technology and Bionics

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Questions and Answers

Which section of the lecture covers the topic of 'Financing The Business'?

  • Section 2 - Basic Business Models
  • Section 11 - Growth Strategies
  • Section 6 - Accounting – The Data Foundation
  • Section 5 - Financing The Business (correct)

    • In which section does the lecture discuss 'Managing the Supply Chain'?

  • Section 9 - Managing the Supply Chain (correct)
  • Section 4 - Legal Influences
  • Section 10 - Marketing & Sales
  • Section 15 - Recap and Additional Exercises

    • Which section focuses on 'Performance Indicators'?

  • Section 12 - Performance Indicators (correct)
  • Section 14 - Organization - Structure vs. Process vs. Project-Driven
  • Section 7 - Purchasing As Value Creation
  • Section 3 - Setting Up A Business

    • Where in the lecture can one find information about 'The People Side - Management And Leadership'?

    <p>Section 13 - The People Side - Management And Leadership</p> Signup and view all the answers

    In which section is the topic of 'Organization - Structure vs. Process vs. Project-Driven' discussed?

    <p>Section 14 - Organization - Structure vs. Process vs. Project-Driven</p> Signup and view all the answers

    What is the main goal of any business according to the text?

    <p>Profit maximization</p> Signup and view all the answers

    How is 'organic growth' achieved according to the text?

    <p>Using retained profit to reinvest in the business</p> Signup and view all the answers

    What situation does the text recommend for businesses in terms of input-output relationship?

    <p>Maximizing the difference between output and input</p> Signup and view all the answers

    When does profit maximization occur according to the text?

    <p>When marginal cost equals marginal revenue</p> Signup and view all the answers

    What are the core assumptions about a 'Business' mentioned in the text?

    <p>Produces, organized, and seeks profit maximization</p> Signup and view all the answers

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