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Questions and Answers
What is a business organisation?
What is a business organisation?
- A government agency responsible for regulating businesses
- An informal group of individuals with shared interests
- A legal entity formed to carry out commercial activities (correct)
- A non-profit organization engaged in charitable work
What is the primary purpose of a business organisation?
What is the primary purpose of a business organisation?
- To provide free services to the community
- To promote social and environmental causes
- To lobby for political change
- To generate profit through commercial activities (correct)
Which characteristic distinguishes a business organisation from other entities?
Which characteristic distinguishes a business organisation from other entities?
- Government funding
- Profit motive (correct)
- Religious affiliation
- Volunteer-based operations
