FACE 4

What does the term "Service learning" refer to in a work environment?

• Internship programs

• Community service

• On-the-job training

• Volunteer work abroad

What is meant by "Flextime" in a workplace setting?

• Part-time work

• Flexible work schedules

• Overtime work

• Shift work

What is a "Lease" commonly used for?

• A contract to purchase property

• A contract to use something for a specified period

• A contract for employment

• A contract for partnership in business

What does "Market outlook" refer to?

• A review of past sales performance

• A prediction of future market trends

• A financial statement of a company

• A survey of customer satisfaction

What are "Operating expenses" in a business?

• Costs of hiring new employees

• Costs of legal and administrative fees

• Costs of manufacturing and selling products

• Costs of research and development

What is the purpose of "Income statements" for business owners?

• To track employee performance

• To calculate net profit

• To record all business transactions

• To assess financial health over a period

What is "Revenue" in the context of business?

• Money spent on business operations

• Money invested in the business

• Money earned from sales

• Money lost due to expenses