How good is your knowledge on business? Let’s dive right in and find out!
In business, a stakeholder can be defined as
Correct!
Wrong!
In order to gain a competitive edge in your business it’s best to focus on
Correct!
Wrong!
Business is becoming more management-driven than customer-driven
Correct!
Wrong!
The activity of providing goods and services to others while operating at a profit is called
Correct!
Wrong!
The amount of goods and services you can buy with the income you have is called
Correct!
Wrong!
The total sales during a stated period in the business is called revenue
Correct!
Wrong!
One of the following is not a factor of production
Correct!
Wrong!
Another word for productivity is
Correct!
Wrong!
An economic system in which most of the factors of production are privately owned is called
Correct!
Wrong!
The quantity of products that manufacturers are willing to sell at different prices at a specific time is called
Correct!
Wrong!
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