Small plane crashes on takeoff from Tijuana killing 3

What is the primary purpose of a company?

• To create a brand

• To offer services

• To provide employment

• To generate profit

Which of the following is a characteristic of a public company?

• Limited to a small number of employees

• Operates in a single location

• Owned by a single individual

• Shares traded on the stock market

What distinguishes a private company from a public company?

• It is not listed on the stock exchange

• It operates internationally

• It has a larger market share

• It has more employees

Who is typically responsible for the strategic direction of a company?

• The board of directors

• The customers

• The shareholders

• The employees

Which role is primarily concerned with the day-to-day operations of a company?

• CEO

• CFO

• COO

• CTO