Master the World of Business
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Questions and Answers

Which of the following refers to the process of gathering information about a specific market or industry?

  • Business definition
  • Business objectives
  • Business planning
  • Market research (correct)
  • What term describes the study of moral principles and values in business decision-making?

  • Human resources
  • Business environment
  • Finance
  • Business ethics (correct)
  • Which of the following refers to the process of creating and implementing strategies to achieve business goals?

  • Business growth
  • Business planning (correct)
  • Market research
  • Entrepreneurship
  • Business ethics refers to the process of creating and implementing strategies to achieve business goals.

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

    Market research is the study of moral principles and values in business decision-making.

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

    Entrepreneurship refers to the process of gathering information about a specific market or industry.

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

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