Business Fundamentals Quiz

Provide things people want/need

Maximize revenue and minimize expenses

Create a positive benefit for the owner

Satisfy customer needs and make a profit (correct)

Money received from customers (correct)

The positive benefit from running a business

Money used for anything of the owner's desire

Cost to provide products and generate revenue

Chance to make a profit (correct)

Desire to create a positive benefit for the owner

Opportunity to minimize expenses

Ability to rely on government/donors for funds

<p>Exists for profit</p> Signup and view all the answers

<p>Expense</p> Signup and view all the answers