Podcast
Questions and Answers
What is the main goal of a business according to the provided text?
What is the main goal of a business according to the provided text?
- To produce goods and services for societal benefit
- To engage in commercial or industrial activities to make a profit (correct)
- To contribute to economic development
- To create employment opportunities
Which functional area of business is responsible for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services?
Which functional area of business is responsible for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services?
- Production
- Human Resources
- Research & Development
- Marketing (correct)
What does 'R&D' stand for in the functional areas of business?
What does 'R&D' stand for in the functional areas of business?
- Regulation and Compliance
- Records and Documentation
- Revenues and Distribution
- Research & Development (correct)
What is the primary focus of the Finance functional area of business?
What is the primary focus of the Finance functional area of business?
Which entity engages in commercial or industrial activities to produce goods and services in order to make a profit?
Which entity engages in commercial or industrial activities to produce goods and services in order to make a profit?
Flashcards
Main business goal?
Main business goal?
Engaging in commercial or industrial activities to make a profit.
What is Marketing?
What is Marketing?
Planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services.
What is 'R&D'?
What is 'R&D'?
Research & Development.
Focus of Finance?
Focus of Finance?
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What is a Business?
What is a Business?
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