Class-1 Starter

What is business?

The goal of the business is to __________.

Profit is _________.

• Revenues

• Revenues-Expenses

• Expenses-Revenues

• Both 1 and 2

Which is not an important factor for making a profit?

• Customer

• Demand

• Expense

• Environment

Can government influence the business?

• Yes

• No

• May be

Which is not true about non-profit business?

• They do not earn profit

• They reinvest their profit.

• They serve a particular cause

• Their motive is not to earn profit

Which is not a necessary source to produce a product or service?

• Human resources

• Capital

• Power

• Both 1 and 2

Is there any difference between stockholder and stakeholder?

• Yes

• No

Write your opinion about today's class up to this point. Maximum 2 sentences.