ENTERTAINMENT DAILY: ENT1- HAUTE COUTURE

What is the primary purpose of a business?

• To create social networks

• To provide employment

• To support government policies

• To generate profit

Which business structure is owned and run by one individual?

• Corporation

• Partnership

• Sole Proprietorship

• Limited Liability Company

What is a key advantage of forming a corporation?

• Ease of formation

• Direct control by owners

• Unlimited liability

• Limited liability

Which business operation focuses on promoting and selling products or services?

• Finance

• Human Resources

• Marketing

• Production

What is the role of management in a business?

• To design marketing campaigns

• To oversee and coordinate business activities

• To manage financial accounts

• To handle customer complaints