It is owned by shareholders

It requires a formal registration

It involves shared profits and losses

It is limited to three owners

A sustainable competitive advantage

A temporary marketing tactic

A cost-cutting initiative

A sales promotion strategy

Product, Price, Place, Promotion

Cost, Quality, Service, Delivery

Sales, Marketing, Advertising, Distribution

Brand, Image, Reputation, Trust

To provide a detailed budget

To secure funding and present project objectives

To list team members and their roles

To evaluate potential risks

A company owned by family and friends

A company that does not pay taxes

A company that can sell shares to the public

A company with unlimited liability

Easy to form

Limited liability for shareholders

No need for a business plan

Unlimited liability

To recruit and train employees

To handle marketing strategies

To oversee production quality

To manage budgets and analyze revenue

All of the above

An event to promote brand awareness

An event to clear out inventory

An event to launch a new product

To persuade customers to buy

To inform customers about products

All of the above

To create a positive company image

A report showing the company's cash flow

A report showing the company's assets

A report showing the company's revenue and expenses

A report showing the company's liabilities

To reduce costs

To satisfy customer needs and build loyalty

To sell more products

To increase advertising

Thank the customer

Acknowledge the customer's feelings

Obtain details of the problem

Suggest solutions

To manage finances

To handle customer service

To plan and execute marketing strategies

To oversee production

To track employee performance

To allocate expenses and revenue

To manage customer relationships

To analyze market trends