Podcast
Questions and Answers
Which functional area of a business is responsible for identifying and meeting the needs and wants of customers?
Which functional area of a business is responsible for identifying and meeting the needs and wants of customers?
- Finance
- Human Resources
- Marketing (correct)
- Operations Management
Which sector of an economy involves the extraction, harvesting, and conversion of natural resources?
Which sector of an economy involves the extraction, harvesting, and conversion of natural resources?
- Primary Sector (correct)
- Secondary Sector
- Quaternary Sector
- Tertiary Sector
Which functional area of a business is responsible for workforce planning, recruitment, and training?
Which functional area of a business is responsible for workforce planning, recruitment, and training?
- Finance
- Operations Management
- Human Resources (correct)
- Marketing
Which functional area of a business is responsible for converting raw materials into finished goods or providing services to customers?
Which functional area of a business is responsible for converting raw materials into finished goods or providing services to customers?
Which sector involves businesses specializing in providing services to the general population?
Which sector involves businesses specializing in providing services to the general population?
What is the role of an entrepreneur?
What is the role of an entrepreneur?
What is a characteristic of entrepreneurs?
What is a characteristic of entrepreneurs?
What can be an opportunity for starting a business?
What can be an opportunity for starting a business?
What is a challenge for starting a business?
What is a challenge for starting a business?
What is the role of the Quaternary Sector?
What is the role of the Quaternary Sector?
What does the chain of production do?
What does the chain of production do?
What is a source of revenue for entrepreneurs?
What is a source of revenue for entrepreneurs?
What is one of the characteristics of entrepreneurship?
What is one of the characteristics of entrepreneurship?
What is the primary focus of the Secondary Sector?
What is the primary focus of the Secondary Sector?
What is an opportunity for entrepreneurs who own their businesses?
What is an opportunity for entrepreneurs who own their businesses?
What is one of the challenges for starting a business?
What is one of the challenges for starting a business?
