first round

What is the main function of human resource management?

• Product development

• Financial analysis

• Employee recruitment and retention

• Sales promotion

What does the term 'diversification' refer to in investment?

• Concentrating investment in a single asset

• Spreading investment across different assets to reduce risk

• Investing only in high-risk assets

• Investing in foreign currencies

What does the term 'SWOT' stand for in business analysis?

• Strengths, Weaknesses, Opportunities, Threats

• Sales, Workforce, Operations, Technology

• Strategy, Wisdom, Organization, Tactics

• Structure, Wealth, Objectives, Targets

What does the term 'E-commerce' refer to?

• Electronic communication within a company

• Exchange of goods and services over the internet

• Economic theory about market equilibrium

• Electronic currency used in online transactions

Which economic system is characterized by private ownership of the means of production and market-based allocation of resources?

• Capitalism

• Socialism

• Communism

• Mixed economy

What does ROI stand for in business?

• Return on Investment

• Revenue of Interest

• Rate of Income

• Risk of Inflation

In accounting, what does the term 'depreciation' refer to?

• Increase in the value of assets over time

• Decrease in the value of liabilities over time

• Allocation of the cost of assets over their useful life

• Increase in the value of liabilities over time

Which financial statement represents a company's financial position at a specific point in time?

• Income statement

• Cash flow statement

• Balance sheet

• Statement of retained earnings

What is the primary goal of financial management in a business?

• Maximizing shareholder wealth

• Minimizing employee turnover

• Maximizing customer satisfaction

• Maximizing market share

What does the acronym 'CEO' stand for in a corporate setting?

• Chief Executive Officer

• Chief Financial Officer

• Corporate Ethics Officer

• Chief Operations Officer