The purpose and objectives of a business
Authored by Omar Maguina
Professional Development, Specialty
University
Used 18+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
From a typical businessman point of view, What is a business?
An organization to make a profit
An organization to satisfy customers
An organization to people happy
An organization to serve the community
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the danger about profit maximization?
It makes you want more every time
It makes profitability appear to be a myth.
It makes you sad
It makes other poeple feel envy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How should managers see profitability?
As a wish
As a test of efficiency
As a test of their validity
As a test of their intelligence
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a business?
To make profits
To satisfy people
To create a system
To create a customer
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who does determine what is a business?
The board of director
The customer
The boss
The Chirf Executive Officer
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is that a customer buys in the end?
Utility
Product
Happiness
Service
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two basic functions of a business?
Innovation and production
Marketing and research
Innovation and marketing
Production and sales
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