Podcast
Questions and Answers
What is the main focus of a for-profit entity?
What is the main focus of a for-profit entity?
- Fulfilling a charitable mission
- Operating to further a social cause
- Making profit (correct)
- Producing and selling goods and services
Who are the key individuals in a business according to the text?
Who are the key individuals in a business according to the text?
- Consumers and Employees
- Consumers and Business Owners (correct)
- Business Owner
- Employees and Business Owners
What is the primary goal of an organization engaging in commercial activities?
What is the primary goal of an organization engaging in commercial activities?
- Operate for a charitable mission
- Satisfy the needs of customers
- Produce and sell goods and services for profit (correct)
- Focus on furthering a social cause
Who are considered the main people who will actively promote a business?
Who are considered the main people who will actively promote a business?
Which entity focuses on understanding what they are going to purchase and how it will benefit them?
Which entity focuses on understanding what they are going to purchase and how it will benefit them?
What is the role of a business owner according to the text?
What is the role of a business owner according to the text?
What is the primary focus of a Manager?
What is the primary focus of a Manager?
What distinguishes Profit-Based organizations from Non-Profit organizations?
What distinguishes Profit-Based organizations from Non-Profit organizations?
What does Business Intelligence refer to?
What does Business Intelligence refer to?
Which department in an organization focuses on hiring and managing manpower?
Which department in an organization focuses on hiring and managing manpower?
What is a characteristic of Small Businesses?
What is a characteristic of Small Businesses?
What is a common function of the Finance department in an organization?
What is a common function of the Finance department in an organization?
