Slight market recovery as week's trading ends

What is the primary purpose of a company?

• To provide employment

• To create products

• To generate profit

• To offer services

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

• Limited to a small number of employees

• Operates in a single location

• Shares traded on the stock market

• Owned by a single individual

What distinguishes a non-profit company from other types?

• Focus on maximizing shareholder value

• Aim to reinvest profits into the mission

• Operate in multiple countries

• Have a large number of employees

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

• The suppliers

• The employees

• The board of directors

• The customers

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

• Chief Marketing Officer (CMO)

• Chief Operating Officer (COO)

• Chief Financial Officer (CFO)

• Chief Executive Officer (CEO)