Data Science

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Questions and Answers

Which term describes an organization that uses economic resources to provide goods or services to customers in exchange for money or other goods and services?

  • Business environment
  • Business operations
  • Business entity (correct)
  • Business model

What role does technology play in today's business environment?

  • No role
  • Supporting role
  • Limited role
  • Essential role (correct)

What is the difference between a business and a company?

  • A business is a social media platform, while a company is not
  • A business is a legal term, while a company is a project
  • A business is a project, while a company is a legal entity (correct)
  • A business is a legal entity, while a company is not

What has the adoption of technology in businesses led to?

<p>Disruptive business models (D)</p> Signup and view all the answers

Which term is often used interchangeably with the term 'business'?

<p>Company (C)</p> Signup and view all the answers

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