The role of marketing, business, and business objectives

It is any activity that provides goods or services to consumers to make profit.

• Business

• Accounting

• Economics

• Analytics

These are tangible physical items made by businesses.

• Services

• Goods

• Feedback

• Customer Relations

These are activities or experiences (intangible) provided by businesses.

• Services

• Goods

• Feedback

• Customer Relations

Not-for profit businesses typically relies on the following, EXCEPT ONE. What is it?

• Grants

• Donations

• Profit

• Fundraising activities

This uses at least 50% of their profits to further their social cause.

These are principles that guide our actions and help us decide what is right and wrong.

• Ethnic

• Mantra

• Ethics

• Religion

This talks about identifying opportunities, taking risks, and creating something new and innovative.

Which is the most complex business structure?

• Company

• Institution

• Partnership

• Sole Trader

Partnership usually has how many owners?

• 2-10

• 2-15

• 2-20

• 2-25

This business structure is owned and operated by a single owner.

• Solo Trader

• Sole Trader

• Solo Trading

• Sole Tracing