Business Studies Mastery Quiz

To give students a general overview of the various elements of running a business.

Accountancy, finance, marketing, organizational studies, human resource management, and operations.

Mauritius, Oman, South Korea, Argentina, Australia, Bangladesh, Nepal, Brazil, Canada, Hong Kong, India, Ireland, Mexico, Singapore, Malaysia, Cambodia, Kenya, Poland, Malta, New Zealand, Nigeria, Pakistan, South Africa, Sri Lanka, Sweden, the United Kingdom, Namibia, Zimbabwe, and Indonesia.

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

<p>Principles of business, management, and economics.</p> Signup and view all the answers

<p>Business-to-business (B2B) is a situation where one business makes a commercial transaction with another.</p> Signup and view all the answers

<p>Some examples of B2B transactions include a business sourcing materials for their production process, a business needing the services of another for operational reasons, and a business re-selling goods and services produced by others.</p> Signup and view all the answers

<p>It is estimated that as many as 72% of businesses with 500 employees and above primarily serve other businesses.</p> Signup and view all the answers

<p>B2B companies represent a significant part of the United States economy, especially among firms with 500 employees and above.</p> Signup and view all the answers

<p>One possible argument of economics to explain the levels of B2B activity is the interdependence between businesses for the sourcing of materials, operational services, and distribution of goods and services.</p> Signup and view all the answers