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Business Studies Quiz

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Questions and Answers

Which of the following is NOT a factor of production in business studies?

Labor

Entrepreneurship (correct)

Capital

Land

Which of the following is NOT a benefit of market segmentation?

Increased customer loyalty

Higher sales potential

Better targeting of customers

Reduced competition (correct)

Which of the following is NOT a characteristic of a sole proprietorship?

Unlimited liability

Profit retention

Single ownership

Separate legal entity (correct)

Which of the following is a key focus area in the study of business ethics?

Social responsibility Signup and view all the answers

Which of the following is an example of an emerging mode of business?

Online marketplace Signup and view all the answers

What is the significance of social responsibility in business?

It enhances brand reputation Signup and view all the answers

Business Studies Quiz

Choose a study mode

Podcast

Questions and Answers

Which of the following is NOT a factor of production in business studies?

Which of the following is NOT a benefit of market segmentation?

Which of the following is NOT a characteristic of a sole proprietorship?

Which of the following is a key focus area in the study of business ethics?

Which of the following is an example of an emerging mode of business?

What is the significance of social responsibility in business?

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