Business English Quiz: Introduction and Definitions

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5 Questions

What is the main goal of a business according to the provided text?

To engage in commercial or industrial activities to make a profit

Which functional area of business is responsible for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services?

Marketing

What does 'R&D' stand for in the functional areas of business?

Research & Development

What is the primary focus of the Finance functional area of business?

Budgeting and Financial Planning

Which entity engages in commercial or industrial activities to produce goods and services in order to make a profit?

Businesses or companies

Test your knowledge of business English with this quiz covering business definitions, such as the organization's activities, production of goods and services, and profit-making. Topics also include salaries, shareholders, government involvement, sales, loans, human resources, and payment.

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